Electric Car Prices To Be On Par With Petrol Vehicles In 2 Years: Gadkari | V3Cars
Mr. Nitin Gadkari, the Union minister for road transport and highways, has stated that the price of electric cars, or EVs, will be on par with petrol cars in the next 2 years. The Union minister said this during a discussion in the Lok Sabha regarding demands for grants for his ministry. The minister stated that major strides in technological development and green fuels will help reduce the cost of electric vehicles, helping manufacturers bring the prices (ex-showroom) on par with petrol-run cars.
“Within a maximum of two years, the cost of electric scooters, cars and auto-rickshaws will be the same as petrol scooters, cars and auto-rickshaws. Prices of lithium-ion batteries are coming down. We are developing this chemistry of zinc-ion, aluminium-ion, sodium-ion batteries. If you are spending Rs 100 on petrol, you will spend Rs 10 for using electric vehicles,” said Mr. Gadkari.
Note: Check your Car EMI with our - Car EMI Calculator
Currently, electric cars such as the Nexon EV cost around Rs. 6.0 lakh more than the equivalent petrol-powered variant. In the case of the MG ZS EV and MG Astor, the price difference is even more significant. If you compare the cost of the sole ZS EV variant (Exclusive) to the top Astor variant (Sharp O), the price difference comes out to over Rs. 8.0 lakh.
The transport minister, who was present at the launch of the hydrogen-powered Toyota Mirai pilot project, also mentioned that hydrogen will soon become the cheapest fuel alternative in the country. Gadkari urged MPs to use hydrogen-based transportation and use sewage water in their own neighbourhoods to make hydrogen.
Note: Calculate your fuel cost with our - Fuel Cost Calculator in India
In addition to this, Mr. Gadkari also said that the government will significantly improve road infrastructure by 2024. “American roads are not good because America is rich. America is rich because American roads are good. To make India prosperous again, I assure you that before December 2024, India’s road infrastructure will be like America,” he said. Last but not least, the Union minister said the government has undertaken projects worth Rs. 62,000 crore in the national capital to ease traffic congestion and tackle pollution.
Check out our MG ZS EV variants explained here:
ABOUT THE AUTHOR
Mahesh Yadav
Mahesh is a fan of compact, quirky and underrated vehicles that punch above their weight. Multix, Nano and Navi are his favorites.
0 Comments
MG Cars in India
Windsor EV
₹13.50 - ₹15.50 lakh*
*Ex-showroom priceComet EV
₹6.99 - ₹9.53 lakh*
*Ex-showroom priceHector
₹13.99 - ₹22.17 lakh*
*Ex-showroom priceHector Plus
₹17.30 - ₹22.93 lakh*
*Ex-showroom priceGloster
₹38.80 - ₹43.87 lakh*
*Ex-showroom priceZS EV
₹18.98 - ₹25.44 lakh*
*Ex-showroom priceAstor
₹9.98 - ₹18.08 lakh*
*Ex-showroom priceUpcoming MG Cars
MG4
₹20.00 - ₹25.00 lakh*
*Expected PriceExpected Launch Aug 2023
Astor Facelift
₹10.82 - ₹18.73 lakh*
*Expected PriceExpected Launch Aug 2023
Marvel X
₹50.00 - ₹60.00 lakh*
*Expected PriceExpected Launch Feb 2026
Euniq 7
₹30.00 - ₹35.00 lakh*
*Expected PriceExpected Launch Jun 2026
3
₹10.00 - ₹12.00 lakh*
*Expected PriceExpected Launch Jun 2026
MG5
₹30.00 - ₹35.00 lakh*
*Expected PriceExpected Launch Oct 2026
eMG6
₹30.00 - ₹40.00 lakh*
*Expected PriceExpected Launch Jan 2027
Marvel R
₹50.00 - ₹60.00 lakh*
*Expected PriceExpected Launch Apr 2027
G10
₹24.00 - ₹28.00 lakh*
*Expected PriceExpected Launch May 2027
MIFA 9
₹40.00 - ₹45.00 lakh*
*Expected PriceExpected Launch Dec 2027
RC6
₹25.00 - ₹35.00 lakh*
*Expected PriceExpected Launch Dec 2027
HS Plug-in
Hybrid
₹20.00 - ₹25.00 lakh*
*Expected PriceExpected Launch Dec 2028
Latest MG Cars Videos
2024 MG Windsor EV Variants Explained (Excite, Exclusive, Essence) — Which One To Buy?
MG Windsor First Drive Review | This Spacious City EV Is A Mixed Bag
MG Windsor EV Walkaround Review | Rs 10 lakh Price Explained | Interior Space, Battery Warranty
MG Astor Select vs Maruti Suzuki Brezza ZXI+ | Which Car Is More Value For Money?
Long Drive in MG Hector Plus Black Storm Edition Petrol CVT To Jhansi
MG Astor Sprint vs Maruti Brezza VXI | Which Car Is More Value For Money @ Rs 10 Lakh?
MG Astor Sprint vs Tata Nexon Smart Plus S | Which Car Is More Value For Money? | March 2024
MG Astor Sprint vs Maruti Suzuki Grand Vitara Sigma | Which Car Is More Value For Money? | Mar 2024
MG Astor Shine vs VW Taigun Comfortline | Which Car Is More Value For Money? | March 2024
Mercedes-AMG C43 Drive Experience w/ Quick Real-world Efficiency | Mileage Test & First Drive
Astor Important Links