Move out of the subsidy mindset, build a competitive edge: Piyush Goyal on EVs

[@Nohandle1968]

its really bad comparison of led bulb ev cars !!!! it will make more sense for govt not to loot 50% of the cost of car at first

[@KARTHIKPRABHUN]

Piyush Ji speech is very much contradicting with Amitabh Kant .

[@bestofsatish]

Thats the dilemma. They want private sector to invest but govt dont want to provide any subsidies. Also govt does not want see any NPA from existing auto ancillaries. Also govt dont want to give any preferential loans to Batteries especially manufacturing anode, cathode, electrolyte. Also govt does not want any bankruptcies from new age companies. Also govt wants these new companies to have 30% ROI. Neither govt wants to commit $500bn in losses nor existing players want them to go bust. there is no way ahead. it's a dead end situation

[@rameshg2717]

If there is both electric and diesel set up then the mileage will come down due to weight.

[@rajatsingh4565]

Jo sector abhi stand v nhi kr paya use cripple kr do....

[@rahulbhattacharjee6508]

elon musk ne dhamkaya hoga

[@LearnWithNirmalkumar]

We kant and goyal in angana om kaypap in dangal , maja aa jayega or bhic me mr 'm 'ji waah..

[@DonJuan-b9u]

China controls most of the EV battery business. They have monopoly in battery manufacturing. Can India afford to have its transport on the mercy of China? Not unless India finds its own lithium reserves or cheap alternate to lithium batteries. Also, both center and state govts make lots of money from tax on petrol/diesel sale. How would govts will recover taxes if petrol sales go down? What India needs is hydrogen based vehicles where hydrogen fuel is produced locally in India.

[@dawner84]

Tips: China is also the world's largest producer of hydrogen now. If u guys want do something at Hydrogen-powered vehicles area . not only china ,Japan was already hiding behind.