Hyundai has dropped its plan to launch hybrid cars, will now look at bringing EVs in India
At present, India has a low per capita car ownership of 20 vehicles per 1,000 citizens
Transfer of subsidy directly to manufacturers will ensure democratic access to subsidy for e-vehicle
CoS suggested that Niti Aayog may work out a detailed strategy for promotion of e-vehicles solution
The country has sufficient capacity at present to meet the current requirement
Lack of uniform standards for setting up charging stations is holding back companies to invest
In view of cost, these vehicles will justify deployment only as public buses, taxis, three-wheelers