US EditionEV Prices to Match that of Petrol Vehicles in 4-6 Months: Gadkari
GST reforms and government initiatives are driving a price parity between electric and petrol vehicles, reducing India's annual Rs 22 lakh crore fuel import bill, according to Minister Gadkari.
- At the 20th FICCI Higher Education Summit 2025 on Monday, Nitin Gadkari said EV prices in India will match petrol-car prices within 4-6 months.
- Faced with Rs 22 lakh crore in annual fuel imports, Gadkari said GST 2.0 reform and GST council cuts lowered car taxes, reducing prices in recent months.
- Alongside EV targets, Gadkari said `A budgetary allocation of Rs 500 crore has been sanctioned to five consortia across ten routes, with 37 vehicles participating` during pilot programmes supported by hydrogen refuelling stations and India's first 'hydrogen highways' last month.
- Gadkari noted the industry's growth from Rs 14 lakh crore to Rs 22 lakh crore, and said India is now the world's third-largest auto industry behind the United States and China.
- Gadkari said the government aims within five years to make India's automobile industry the number one in the world and plans a segregated solid waste reuse programme alongside higher education institutions and skill development initiatives.
12 Articles
12 Articles
Gadkari: EV prices to match petrol cars in 4–6 months; Eyes no. 1 auto industry spot
Union Road Transport and Highways Minister Nitin Gadkari announced on Monday that Electric Vehicle (EV) prices in India are expected to be on par with petrol-powered vehicles within the next four to six months. Speaking at the 20th FICCI Higher Education Summit 2025, the minister underscored the urgency of adopting clean energy. He noted that India’s annual spending on fuel imports is a massive Rs 22 lakh crore, which acts as both an economic bu…
Electric Vehicles Likely To Cost Same As Petrol Vehicles in 4-6 Months, Says Union Transport Nitin Gadkari | 📰 LatestLY
Speaking at the FICCI Higher Education Summit, the minister noted that India’s annual fuel import bill of Rs 22 lakh crore was both an economic burden and an environmental challenge, making a shift towards green energy vital for the country’s growth. 📰 Electric Vehicles Likely To Cost Same As Petrol Vehicles in 4-6 Months, Says Union Transport Nitin Gadkari.
Electric Vehicles To Cost Same As Petrol Vehicles In 4 To 6 Months: Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari on Monday said the prices of electric vehicles (EVs) in India are expected to be on par with those of petrol-powered vehicles within the next four to six months.
EVs likely to cost same as petrol vehicles in 4–6 months: Nitin Gadkari - tennews.in: National News Portal
New Delhi, Oct 6 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Monday said that the prices of electric vehicles (EVs) in India are likely to match those of petrol-powered vehicles within the next four to six months, as the government pushes for wider adoption of clean mobility. Speaking at the FICCI Higher […] The post EVs likely to cost same as petrol vehicles in 4–6 months: Nitin Gadkari appeared first on tennews.in: Natio…
The Hans India
Sambad EnglishEVs likely to cost same as petrol vehicles in 4–6 months: Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari on Monday said that the prices of electric vehicles (EVs) in India are likely to match those of petrol-powered vehicles within the next four to six months, as the government pushes for wider adoption of clean mobility.
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