India EV revolution

25 JUL,2022 | MEDC


Union Minister Mr. Nitin Gadkari has said that petrol will vanish from India after five years, and that cars and two-wheelers will be either on green hydrogen, ethanol flex fuel, CNG or LNG. India is clearly taking rapid strides towards electric vehicles (EVs). But there is much more work to do regarding the mass adoption of EVs. Although charging at home and the workplace will provide much of the initial demand for EVs, it is the development of public charging stations, especially on the highways, which will make the biggest difference. As per a government report, India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and the rising demand for EVs will play a role in driving adoption of battery storage. The report further added that a coherent regulatory framework incentivizing all stakeholders to participate in the recycling process would help in the development of such an ecosystem in the country.

 

*Picture Credit : Google 

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