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India: Govt maps road for electric vehicles

NEW DELHI: In a move to reduce dependence on fossil fuels for vehicles, government plans to push the supply of vehicles powered by electricity over the next eight years. A report prepared by the Centre projects that there would be demand of 5-7 million electricity-operated vehicles, and over 50% of them would be battery electric vehicle (BEV).

The report, which will be discussed at a meeting on National Electric Mobility 2020 on Wednesday, pegs investment of Rs 20,000-23,000 crore for the initiative. Funds will be needed for initiatives including additional power generation and attendant infrastructure to charge batteries.

The meeting, involving key Central ministers headed by heavy industries minister Praful Patel, on Wednesday will firm up the plan to make the transformation of public and private vehicles. Government estimates suggest that the transport sector in India accounts for about one-third of total crude oil consumption, with road transport guzzling more than 80%.


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