Tenders to procure 10,000 high-performance electric cars have already been announced, and the government is expected to invite bids for 50,000 electric three-wheelers from the original equipment manufacturers by the end of this year.
As per the blog, over 6 lakh electric rickshaws using lead-acid batteries are plying Indian roads. It takes 8-9 hours for each vehicle to get fully charged, and the batteries must be replaced twice a year.
"India's push for electric vehicles is moving forward, but many challenges remain. One of them is the country's lack of charging infrastructure," said the blog.
"Beyond installing more charging stations, which will be a sure thing once electric cars become mainstream, maybe the short-term solution could be sharing the infrastructure (batteries) rather than building new infrastructure so users can charge their batteries individually," said the blog.
Several cities in the country are facing serious vehicular pollution.
Having signed and ratified the 2015 Paris Climate Agreement, India is obligated to bring down its share of global greenhouse gas emissions by 2030.
The blog further said that existing charging stations are in open parking spaces, and the power is being sourced in an unorganised manner.
Electric vehicles, the blog said, "are still on average about 35 per cent more expensive" than non-electric cars -- despite gradually declining battery prices and the promise of practically zero maintenance fees.
ADB technical assistance is supporting clean energy use across Central Asian Regional Economic Cooperation countries, and promotes electric vehicles.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
