Electric vehicles to overtake gas guzzlers in India by 2030

MUMBAI: Electric-vehicle (EV) sales should overtake gas guzzlers in India by the end of the decade as prices become more aligned and infrastructure and technology improves, hopefully with help from the government, according to Mahindra & Mahindra Ltd, one of the country’s biggest automakers.

While authorities can assist in terms of cost parity for EVs, in India it’s “difficult for the government to justify subsidising cars for the rich, ” Mahindra deputy managing director Anish Shah said in an interview with Bloomberg Television.