Friday, June 02, 2017

India will sell only electric cars within the next 13 years

Every car sold in India from 2030 will be electric, under new government plans that have delighted environmentalists and dismayed the oil industry.

It’s hoped that by ridding India’s roads of petrol and diesel cars in the years ahead, the country will be able to reduce the harmful levels of air pollution that contribute to a staggering 1.2 million deaths per year.

India’s booming economy has seen it become the world’s third-largest oil importer, shelling out $150 billion annually for the resource – so a switch to electric-powered vehicles would put a sizable dent in demand for oil. It’s been calculated that the revolutionary move would save the country $60 billion in energy costs by 2030, while also reducing running costs for millions of Indian car owners .... https://www.weforum.org