India is shifting gears.
The world’s fifth-largest auto market is readying for a stupendous transformation: moving completely towards electric vehicles (EVs) by 2030.
This is part of the Narendra Modi government’s vision to helm a renewable-energy revolution in the country. It reckons that the automobile sector’s massive conversion will cut its oil bill by some $60 billion, reduce emissions by 37%, and curb the burgeoning demand for road infrastructure over the next 13 years.
Recently, India’s road transport minister Nitin Gadkari quite bluntly made the government’s intentions clear. “We should move towards alternative fuel…I am going to do this, whether you like it or not,” Gadkari told India’s automobile lobby group, SIAM, on Sept. 07. “And I am not going to ask you. I will bulldoze it.” Read More…