In India, the talk of moving towards electric vehicles may have suddenly gained currency but globally, innovation and environmental awareness has been gradually paving the way for such a transition with governments prodding the industry to develop and manufacture only electric vehicles (EVs). As a result, passenger EV sales for the first time breached the 2-million mark globally at the end-2016, still a blip compared with the 88.1 million passenger vehicles sold every year.
While Britain and France have decided not to allow petrol-run vehicles beyond 2040, Scotland has decided to phase out diesel vehicles by 2032. Taking a leaf out of the policy formulated by the European nations, China — the world’s second-largest car market has also spoken about a likely decision to ban the sale of vehicles run on fossil fuels by 2040. Read More…
Latest posts by The Financial Express (see all)
- Mathura Refinery Revamps Units Ahead Of BS-VI Fuel Rollout – January 10, 2018
- Indian Railways Status: 22 Trains Cancelled, 40 Running Late Due To Low Visibility In Northern Region – January 10, 2018
- From Bharatmala, Sagarmala to Railways, in 2018, Assets Recycling Critical For Infrastructure Growth – January 1, 2018