EV prices will equal gasoline cars in 6 months Gadkari offers good news

Union Road Transport and Expressway Minister Nitingadokari said that the prices of electric vehicles (EVs) in India will be comparable to gasoline vehicles over the next six months. Speaking at the 32nd Convergence India and the 10th Smart City India Expo, Gadkari also said construction of the 212 km long Delhi-Deradun Access Control highway will be completed in the next three months. “The cost of an electric vehicle within six months equals the cost of a gasoline vehicle within six months,” he said.

The minister emphasized that government policies focus on import exchange, cost-effectiveness, pollution-free solutions and promoting indigenous production. He also emphasized that major improvements in the country’s infrastructure are needed to establish India as the third largest economy. He said, “Building good roads can reduce logistics costs.” Nitin Gadkari relies on the bright future of the country’s economy and confirmed the government’s commitment to the development of smart cities and smart transport. “We’re committed to massive, fast transport of electricity,” he said.

The Minister also emphasized the importance of promoting new technologies and innovations to reduce road construction costs. Meanwhile, this is not the first time Gadkari has predicted a drop in price for electric vehicles. At the public address in Nagpur, he previously said that by 2025 the price of electric cars in India equals gasoline vehicles, inspired by progress in battery technology and increased domestic production. He also emphasized that EVs have far lower operating costs than gasoline and diesel vehicles.