India Wants Every Car to Be Electric By 2030 0

India-Wants-Every-Car-to-Be-Electric-By-2030India is the seventh largest country in the world with the second highest population. With a population exceeding 1.32 billion people, India has one of the fastest growing economies and automotive sectors in the world. But, it is also one of the world’s biggest pollutants, so a recent result of this, the government has backed initiatives to force the country into becoming more eco-friendly. The newest initiative announced by the government is a plan to make all vehicles electric based by 2030.

Piyush Goyal, India’s Minister of State for Power, Coal, and New and Renewable Energy, has released ideas for a plan which may enable every vehicle in India to become electric by 2030. But, in a country where many social and health issues are faced on a daily basis, how is it possible?

Well, the plan is to give owners the electric vehicles without the need of an up-front payment. The vehicles will then be paid off through the savings that would occur by owning an electric vehicle. The plan would therefore be self financing and the government wouldn’t have to pay any money towards the plan. A plan similar to this has already been in action. LED light bulbs have already been given out on a zero down payment. The Light bulb plan seems to be working out but, cars are a much bigger and expensive story.

There are however many sceptics of this plan. It has been argued that with the very large population, only 6 percent of homeowners own a car. Furthermore, there are five electric/hybrids on sale in India at the moment and they have not sold well at all. The reason for this is that the electric vehicles are expensive to buy so only the rich can afford them. Other sceptics argue that the undertaking of this plan would also damage the economy. India’s automotive industry is the sixth largest in the world and accounts for 22 percent of India’s manufacturing output. So would a huge car industry changing to purely electric without any down payments slow down the economy? Possibly.

The plan is amazing and, if it is truly accomplishable without any negative affects to the country, then it would be incredible and other countries should most certainly follow suit.

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