India has the ambitious plan to achieve 100% of cars sold in 2030 to be electric and therefore are looking for ways to incentivize consumers.
Andl indian government is looking for innovative ways, that allow people to purchase electric vehicles without the need of any kind of subsidy, with the objective of ensuring that by 2030 all vehicles sold in that market are electric.
while still the project is in development, one of the proposals states that consumers will be able to buy electric vehicles to deadlines, and without initial payment, to be financed with the savings of fuel derived from petroleum.
Is a proposal similar to the one already used with the program of domestic light-efficient, which gave LED lighting to homeowners to a fraction of its market price, because the energy companies delivered the lamps to deadlines, added each month to the electricity bill of the owners.
as is The case in other countries, where there are large concentrations of people, there are plenty of cars and in India, with more than 1240 million inhabitants, the emissions of vehicles with combustion engines produce numerous environmental problems. According to the authorities this is becoming an obstacle to improve air quality, especially in large cities such as New Delhi, the city with the largest environmental pollution of the world.
Though the plans of the indian government around mobility are very ambitious, by the time the interest on the part of consumers is scarce, probably due to the lack of basic infrastructure to cater to the electric vehicles.
The government plan create a potential demand of between 5 and 7 million electric vehicles, which will include not only cars, but also buses, light commercial vehicles and motorcycles. The initiative contemplates, however, deliver subsidies to promote demand and create a sustainable infrastructure for the automotive industry electrical, will enable the country save millions in fuel costs.