By Milafel Dacanay, Tech Times
India is considered as one of Asia’s biggest powerhouses with 7.3 percent economic growth over the last few quarters of 2015, according to Bloomberg Business. In fact, its economy rises so fast it is beating China’s expansion, which is at 6.9 percent.
But the country of more than 1.2 billion people wants to do more by going less on fuel and oil consumption. For example, the government is planning to shift to 100 percent electric vehicles by 2030.
Speaking in a youth conference, Piyush Goyal, the country’s power minister with independent charge for Coal, Power, and New and Renewable Energy, shared that a working group led by Nitin Gadkari, Road Transport and Highways minister, has already been chosen to determine whether such goal is possible. The group is expected to have its initial meeting sometime in the first week of April.
The program is ambitious, to say the least. Goyal wants it to be self-financing, which means the government will not be spending a single rupee on the purchase of these electronic vehicles. But to encourage conversion, the government can provide incentives.
Read more » Tech Times
See more » http://www.techtimes.com/articles/144670/20160328/india-wants-to-become-first-country-with-100-percent-electric-vehicles.htm