NewEnergyNews: India Targets All-EVs by 2030

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    Friday, April 01, 2016

    India Targets All-EVs by 2030

    India's ambitious goal: all electric vehicles on roads by 2030

    Stephen Edelstein, March 31, 2016 (Green Car Reports)

    “…[T]he incredibly ambitious goal now being proposed by the Indian government is…having all electric cars on Indian roads by 2030…Indian Power Minister Piyush Goyal announced an incentive scheme that] would allow citizens to obtain electric cars with no down payment, and then use fuel savings to pay for the balance of the cars…He said the government is trying to make the entire program ‘self financing,’ and is likely expecting economies of scale to make the numbers work…An electric-car program on a nationwide scale could potentially be large enough to reduce the cost of expensive components like battery packs, but the logistics of getting one of the world's most populous nations to switch to electric cars in just 15 years are staggering…India faces the additional problem of poor [and largely coal-fired] electricity infrastructure…The government believes it is more important to lift its population out of poverty in the short term, rather than focus on long-term emissions reductions…” click here for more

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