There is no need for any India EV policy now: Nitin Gadkari
The government has decided against formulating an electric vehicle (EV) policy. A breather to many carmakers that are unprepared for an abrupt shift to the clean-fuel technology.
“There is no need for any policy now,” said Nitin Gadkari, minister for road transport. He was addressing reporters along with Amitabh Kant, chief executive of government think tank NITI Aayog.
Gadkari said the policy was awaiting approval from the union cabinet. He had earlier outlined the government’s ambitious plan to shift to electric vehicles by 2030. Companies such as Toyota Kirloskar Motor Pvt. Ltd, have been publicly voicing concerns about the proposed India EV policy.
“Everyday, new technology is coming into the market. Technology is always ahead of rules and regulations. And in India, it be...