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01 Aug 2018

INDIA: ELECTRIC TAXIS AND BUSES TO BE COMPETITIVE BY 2025-27

INDIA: ELECTRIC TAXIS AND BUSES TO BE COMPETITIVE BY 2025-27 Bloomberg NEF expects that electric vehicles will be in serious competition to natural gas vehicles (NGVs) from 2025. NGVs are mostly used for public transport in India. In the report “India at the Crossroads: Natural Gas or Electric Vehicles” the researchers state that electric electric three-wheelers are already cheaper than NGVs on a total cost of ownership (TCO) basis and therefore form a stiff competition to the NGVs.



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