EV incentives

Indian Government Advisor: Build Electric Cars In India Or Import Them Like Oil

The electric vehicle revolution presents a once-in-a-century opportunity. Countries around the world import an insane amount of oil. They send their hard-earned cash abroad — billions of dollars of it every day — to oil-rich countries like Saudi Arabia, the USA, Russia, Canada, Iraq, Kuwait, the UAE, and Venezuela because of a deadly and economically debilitating addiction.

Electric Cars Will Total More Than 50% Of All New Car Sales By 2040, BNEF…

Bloomberg New Energy Finance has a new prediction about electric cars — they will account for more than half of all new car sales globally by 2040 and account for a third of all light duty vehicles on the road. The latest report was put together by an advanced team of BNEF analysts and takes several factors into account. Its predictions are significantly more optimistic than the last BNEF report just one year ago, which projected sales of electric cars would reach 35% of the market by 2040.