Union Minister on Monday (May 15) announced that the government would be ready with electric vehicle policy by the end of 2017. This initiative has been taken to promote eco-friendly vehicles stated Gadkari. “The model of electric vehicle transportation is ready and would be launched in Nagpur on May 26, which will include 200 electric taxis and an electric bus,” said Gadkari. Clearing doubts on lack of infrastructure for sufficient charging of vehicles, he assured that a charging station was being constructed for the same.
As per NITI Aayog, the usage of these eco-friendly electric as well as shared vehicles in India would lead to a saving of almost $60 billion (3,90,000 crore rupees) in fuel cost thus reducing one gigatonne (GT) carbon emissions by 2030. The Union Minister even said that many Indian companies have shown their interest to invest in the same. The policy would include light and heavy weight vehicles like cars and buses.