“I am not against incentives, if MoHI and MoF wants to roll it, it will benefit and I don't have any problem. I will not oppose it,” he said while speaking at the 64th ACMA Annual Session.
However, he added that even without subsidies, the cost of EVs can be maintained.
“I feel that within two years, the cost of the petrol vehicle and diesel vehicle will be the same like EVs,” Gadkari said.
He added that if the OEMs want to capture the market and increase their share, they will have to give options in fuel technology.
According to him, those who can understand and are able to alter their strategies can get good orders.
This is the time to change as per the market and choice of the people. We should go for fuel technology that is cost effective, pollution free and indigenous, he said.
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