EVs could become cheaper than combustion vehicles within three years: NITI Aayog CEO
A 50% fall in the price of Lithium-ion battery packs—to $76/KWh from $156/KWh today—will make the capital cost of electric vehicles lower than combustion vehicles. However, to realise the full benefits of EVs, it is important to charge them with clean power and not fossil power.
Renewable energy MoU with Saudi Arabia gets cabinet nod
Project development and value chain localization are the focus areas for cooperation between the two countries.
