EVs will be cheaper in next 2 years, prices will be at par with petrol vehicles: Gadkari

The Union Minister said that within a maximum period of two years, the cost of electric scooters, cars, autorickshaws will be the same as that of petrol powered scooters, cars, autorickshaws.

EVs will be cheaper in the next 2 years

in the coming days electric vehicle ,electric vehicles) There will be a reduction in prices and in 2 years electric vehicles will start getting equal to the price of petrol vehicle. This estimate has been given by Union Minister Nitin Gadkari. Road Transport Minister Nitin Gadkari (Road Transport Minister Nitin Gadkari) The U.S. said on Tuesday that rapid advances in technology and green energy will reduce the cost of electric vehicles and will replace them with petrol (gas) in the next two years.Petrol) will be equal to the vehicles plying. At present, the biggest impact on the sales of electric vehicles is their prices. To deal with this, the government is giving many discounts on purchases. However, the government and industry are of the view that as the number of electric vehicles on the roads increases, the cost of electric vehicles will come down and electric vehicle infrastructure will improve.

Government’s emphasis on green energy

Responding in the Lok Sabha on the Demands for Grants for 2022-23 for the Ministry of Road Transport and Highways, Gadkari stressed on the need to promote the use of cost-effective indigenous fuel and hoped that this fuel would soon become a reality. Due to which the level of pollution will be reduced and the situation in the capital Delhi will improve. Urging the MPs to adopt hydrogen technology for transportation, Gadkari asked them to take initiative to convert sewage water into green hydrogen in their respective districts. He said hydrogen would soon be the cheapest fuel option. The Union Minister said that within a maximum period of two years, the cost of electric scooters, cars, autorickshaws will be the same as that of petrol-powered scooters, cars, autorickshaws. Lithium-ion battery prices are coming down. We are developing technologies for zinc-ion, aluminum-ion, sodium-ion batteries. The Union Minister said that if you are spending 100 rupees on petrol, for the same use, you will have to spend only 10 rupees on an electric vehicle.

Manufacturing of flex fuel vehicles will start in 6 months

On the other hand, Nitin Gadkari had said on Saturday itself that top executives of automobile companies have promised him that they will start manufacturing flex-fuel vehicles within six months. Addressing the ‘ET Global Business Summit’ via video conference, Gadkari said that the government is working on a plan to run public transport from 100 percent clean energy sources. He said, ‘This week, I had a meeting with the managing directors of all the big automobile companies and representatives of SIAM. He promised me that he would start manufacturing flex-fuel engines for vehicles that could run on more than one fuel. He said companies like TVS Motor and Bajaj Auto have already started manufacturing flex-fuel engines for two-wheelers and three-wheelers.

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