Is the future “Electric Vehicles”
Recently there has been a lot of hype with regards to Electric Vehicles and Indian government is pushing towards it. India imports 80% of the Oil requirement and import bills have been $70 Billion (2016-2017) and estimated to raise to $86 Billion (2017-2018). It seems very imperative for Indian government to reduce the dependency on Oil which will help in improving the foreign reserves as well strengthen the economy. India as a country is hugely dependent on Thermal Power and…