Electric Vehicles Will Cost Same As Petrol Within A Year: Nitin Gadkari

The prices of all electric vehicles will be equal to the cost of petrol ones within one year, Road Transport and Highways Minister said.

The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday.

Gadkari further said the government is promoting ethanol produced from crop residue instead of petrol and diesel.

"I am trying...within one year, the cost of electric vehicles will be equivalent to the cost of petrol vehicles in the country and we will save money spent on fossil fuels," he said while addressing 'TV9 What India Think Today Global Summit'.