Business Standard

Saturday, January 11, 2025 | 10:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Getting the electric vehicle policy right

Set an ambitious target, finalise the incentives, drive it from the top and avoid flip-flops in policy decisions

Electric vehicle
Premium

Electric vehicle

Vandana Gombar
After announcing an audacious plan to have an all-electric vehicle mobility market by 2030, India is having second thoughts. There are four reasons it should press ahead.

* Electric vehicle-renewable energy link: India is committed to 175 gigawatts of clean energy—including 100 gigawatts of solar energy—by 2022. Union Minister of State for Power R K Singh has said that the country could even exceed that target. There will be significant amounts of zero-marginal-cost power available that could be used by cars or stored in car batteries. The storage in car batteries can also be used to balance the grid—an increasingly
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in