|
High EV growth forecast for India
|
 Boosted by a government incentive package to manufacturers worth around 1.2 billion Euros, it is forecast, reports cars21.com, that India could see up to 7 million electric vehicles on its roads by 2020. The existing high density of population in urban areas, allied to manufacturing costs which are already low, will serve as a further boost to this growth. The government expects that further investment will be necessary, and it has constituted a governmental body to look into this area.
| 25/01/2012 | Tim Harrup
|
|
|
|
| |
|
|
|
|
Registration 
