You are here: Home » Automobile » News
Business Standard

EV prices to be at par with cost of petrol vehicles within a year: Gadkari

The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday.

Topics
Nitin Gadkari  | Audi electric vehicle | petrol car

Press Trust of India  |  New Delhi 

cars, EVs
Representational Image

The prices of all (EVs) will be equal to the cost of in the country within one year, Road Transport and Highways Minister said on Friday.

Gadkari further said the government is promoting ethanol produced from crop residue instead of petrol and diesel.

"I am trying...within one year, the cost of will be equivalent to the cost of in the country and we will save money spent on fossil fuels," he said while addressing 'TV9 What India Think Today Global Summit'.

The minister said the government is already promoting green fuels in a big way.

Gadkari noted that waterways us a cheaper mode of transportation than road and it is going to come up in a big way.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, June 17 2022. 15:42 IST