Petrol cars and Electric cars to cost the same in six months : Nitin Gadkari

NEW DELHI : Union Road, Transport and Highways Minister Shri Nitin Gadkari announced on Wednesday that electric vehicle (EV) prices in India will match those of petrol vehicles within the next six months. Gadkari made the statement while addressing the 32nd Convergence India and 10th Smart Cities India Expo , underscoring the government’s push towards clean energy and sustainable transportation.

Gadkari highlighted the government’s focus on promoting import substitution, cost-effectiveness, pollution reduction, and indigenous production as key pillars of its policy framework. “Within six months, the cost of electric vehicles will be equivalent to the cost of petrol vehicles,” he said.

The minister said the government’s policy is import substitute, cost-effectiveness, pollution-free and indigenous production. To make India the third-largest economy, the country needs to improve its infrastructure sector, the Union minister said.

“By making good roads, we can reduce our logistics cost,” he added. Gadkari asserted that the future of the country’s economy is very good and the government is committed towards smart cities and smart transport.

“We are working on mass rapid transport on electricity,” he said. Gadkari emphasised on the need to encourage new technology and innovation to reduce cost of road construction.