Electric vehicles are the future of India’s transportation system and could save billions of dollars in fuel cost while also reducing pollution, a report released by NITI Aayog on Friday said.
The report, jointly published with Rocky Mountain Institute, says that India can reduce its annual diesel and petrol consumption by 156 million tonnes by 2030 saving a total of Rs 3.9 lakh crore ($60 billion) per year by adopting a shared, electric and connected mobility future.
This would also save around one gigatonne of carbon emissions between 2017 and 2030, it said. Read More…
Credit By: The Economic Times
Latest posts by The Economic Times (see all)
- Rooftop solar power: A bright and clean idea on our terrace - August 21, 2019
- Oil falls but losses capped by hopes of easing trade tensions - August 21, 2019
- GAIL to invest Rs 45,000 cr in expansion of pipelines, city gas network - August 20, 2019