Niti Aayog, the government’s premier policy making body, has firmed up a hybrid vehicle policy that challenges the electric vehicle mission that’s being pursued aggressively, pitching methanol as a better alternative for India.
The Aayog has reasoned that electric vehicles are neither cost-effective nor sustainable. Methanol-based hybrid vehicles, it proposes, would run on electricity that would be generated on board from the chemical, a senior government official aware of the matter told ET. This would not put additional pressure on electricity demand in the country.
The crux of the reasoning is that methanol can replace gasoline as it is easily available, does not cause pollution and has higher electrical mobility and efficiency, besides being highly cost-effective vis-a-vis electric vehicles, which would run on lithium-ion batteries. It would reduce pollution and India’s dependence on fossil fuels. Read More…
Latest posts by ET Energy World (see all)
- How India’s Solar Manufacturers Are Facing A ‘make Or Buy’ Dilemma - March 18, 2018
- India’s First Home-delivery Of Diesel Kicked Off In Pune By IOC - March 17, 2018
- REC Raises $300 Million Through Dollar Bond - March 16, 2018