We recently reported how Norway plans to sell only electric and hybrid cars by 2025.
It would be a wonderful achievement and a demonstration to the rest of the planet that it can be done.
But with a population of just over 5 million, this plan alone – as great as it is – wouldn’t change the world’s environment.
A similar thing would need to happen in a more populous country for that to be so.
That’s why India’s to sell only electric vehicles to their population of over 1.3 billion by 2030 is so exciting.
India’s Minister for Power, Coal and New & Renewable Energy Piyush Goyal recently stated that the government is looking at ways to incentivize people to buy electric without the need for subsidies.
While nothing has been finalized, proposals include the purchase of electric vehicles with no down payments, with the cost spread and paid from money saved by not using gasoline.
A similar plan has seen Indians buying energy efficient lightbulbs way below market price, with retailers recovering the cost from small installments added to homeowners’ monthly electricity bills.
Thanks to the energy efficient lightbulbs, even with the repayment added on these bills are lower than they were with traditional bulbs.
The plan for electric vehicles won’t be plain sailing for the government.
Few end-users are said to even want them yet.
And in a country where millions live without electricity, the challenge of installing the charging infrastructure may not be seen as a priority for everybody.
The government’s job now seems to be to create demand, which is why they’re investing $4.3 billion between now and 2020 to promote the scheme and build sustainable infrastructure.
A $2.5 billion subsidy will also be offered to the auto industry, with the whole scheme hoping to save around $11 billion on fuel costs.
If it works, it could be a massive step towards an even bigger goal – saving the planet.
via Clean Technica