Vehicles will be given without an upfront payment, and
. . . will be paid for by users over a period of time,
. . . from the savings made on fuel.
The idea is inspired by the success of the government’s campaign,
. . . to promote energy-efficient LED bulbs, which has seen costs falling by
. . . 80% over 18 months.
Power utilities distribute these bulbs, and
. . . consumers pay for them over a period of time,
. . . from the savings in their power bills.
Goyal said the idea was to make the programme entirely self-financing,
. . . without any assistance from the government.
. . . “We do not need even one paisa from the government or the people.
. . . We will see if we can give electric cars for free, and
. . . monetize the savings you can have (from not using fossil fuels), and
. . . pay for the vehicles” he said.
3-26-2016 Source: India: Electric vehicles for everyone
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India: Electric vehicles for everyone
Started by eds, Mar 26 2016 06:22 AM
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