Can India Overtake China In The EV Revolution?

18 Oct 2017   Electric Cars, India

India faces a wide chasm between Prime Minister Narendra Modi’s campaign to make sure all new vehicles sold in India are electric by 2030 and actual sales numbers. While India has followed China’s lead to reduce air pollution and oil import dependency in its booming cities, it’s still far away from sales figures that carry any weight. According to International Energy Agency, China registered 336,000 plug-in vehicles last year while India only saw 450 of these new vehicles hit its roads. One major Indian automaker, Mahindra & Mahindra, wants to change course by committing to invest $600 million in the technology. Electric versions of its current crossover SUVs will be scheduled in the near future. The company plans to eventually boost its EV production to 5,000 units a month. Mahindra had just lost a bid for a 10,000 EV contract with the government’s Energy Efficiency Services Limited agency to […]

Tags:

Comments are closed.