new Delhi. If you are also planning to buy an electric car (e-car) amidst the rising prices of petrol and diesel, then wait a bit, because soon the price of e-car is going to be very low. This was disclosed by Road Transport Minister Nitin Gadkari. He said that due to rapid changes in technology and green energy, the price of electric vehicles (EV) will come down. In the next two years, their price will be equal to that of vehicles running on petrol and diesel.
Replying to a discussion on ‘Demand for Grants for the Ministry of Road Transport and Highways for the financial year 2022-23’ in the Lok Sabha on Tuesday, Gadkari also said that there is a need to pay more attention to economical and indigenous fuel. He also expressed the hope that soon in future vehicles will run on such fuel and the level of pollution in the country will be reduced.
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Hydrogen will be the cheapest fuel
Gadkari asked the MPs to take initiative for the production of green hydrogen by using sewage water in their parliamentary constituencies. He said that hydrogen will soon be the cheapest alternative fuel. At the most, within two years, the price of electric vehicles will come down and their price will be at par with petrol-diesel powered vehicles.
10 times less cost
Gadkari said, “I can say that within two years at most, electric scooters, cars and autorickshaws will cost at par with petrol-powered scooters, cars and autorickshaws. The prices of lithium-ion batteries are constantly coming down. We are also working on developing zinc-ion, aluminum-ion and sodium-ion batteries. With this, your expenditure on vehicles will be reduced by 10 times. If you are spending Rs 100 on petrol today, you will spend Rs 10 on an electric vehicle.”
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Price is too high now
Currently, car companies like Tata, MG and toyota sell their electric cars in India. However, at present the cost of these cars is quite high. Tata Tigore EV price starts at Rs. 12.25 Lakh (Ex-showroom). On the other hand, the price of Tata’s popular car Nexon EV starts at Rs 14.54 lakh (ex-showroom). At present, this price is much higher than most passenger cars sold in India. It is expected that if their price is reduced then they will become very economical and their sales will increase.
Tags: auto news, Car Bike News, Electric Car, Electric Vehicles, Nitin Gadkari
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