Electric Vehicle Prices to Match Petrol Cars Within Six Months: Gadkari

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New Delhi: Union Road Transport Minister Nitin Gadkari has assured that within the next four to six months, electric vehicles (EVs) in India will be priced on par with petrol vehicles. Speaking at the 20th FICCI Higher Education Summit, Gadkari said the government aims to make India the top automobile hub globally within the next five years.

India currently spends around 22 lakh crore annually on fuel imports, he noted, adding that fossil fuels not only drain the economy but also cause severe environmental problems. Reducing dependence on fossil fuels is crucial for both the nation’s progress and environmental sustainability, the minister emphasized.