Wednesday, August 29, 2012

India Predicts 6 Million EVs – Most Of Them On Two Wheels

Electric cars haven't taken the market by storm, despite a hurricane of propaganda, and despite of tsunamis of government subsidies.  Now, India is joining the fray. India will spend some money to entice its citizens to go electric. Like the U.S. and China, India expects them to do so by the droves.

India's government has approved a 230 billion rupee ($4.13 billion) plan to accelerate the production of electric and hybrid vehicle production, says Reuters.  The money will be spent over the next eight years. The target is ambitious: 6 million vehicles by 2020.

It will be an uphill battle. Most manufacturers in India focus on low-emission cars," citing the prohibitively high costs of new technologies and an almost non-existent support infrastructure," says Reuters.  India's only electric-focused carmaker is Mahindra Reva, and even its Chairman is doubtful: "The question is the viability … The cost of the car and how much the consumer can pay, there is a gap," Pawan Goenka told Reuters.

The plan sounds more doable when we hear that out of the 6 million green vehicles by 2020, 4 to 5 million are expected to be two-wheelers. In neighboring China, around 25 million electric bicycles are sold each year, the sales of electric cars however don't want to get going.



from The Truth About Cars http://www.thetruthaboutcars.com




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