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Needed, a plan to handle ripple effects of electric vehicle boom

When the inflection point arrives in terms of pricing, the switch to EVs at the expense of conventional vehicles will be dramatic

August 27, 2021 / 08:53 AM IST
Needed, a plan to handle ripple effects of electric vehicle boom

Electric vehicles (EVs) have now reached a point where the question is no longer about whether they will make a difference but when. With over 12 million passenger EVs, a million commercial EVs, including buses, delivery vans and trucks, and another 260 million electric mopeds, scooters, motorcycles and three-wheelers on the road globally (according to BloombergNEF’s Electric Vehicle Outlook 2021 report), it is a tide that will brook no resistance. The numbers in India are much smaller. Tata Motors, whose...

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