The electric vehicle revolution in India is picking up pace, and if Minister of Road Transport and Highways, Nitin Gadkari’s recent statement is anything to go by, we’re about to witness a major price shift. Within the next six months, the cost of electric vehicles is expected to match that of petrol-powered cars. Yes, you read that right!

At the 32nd Convergence India and 10th Smart Cities India Expo, Nitin Gadkari made a bold claim, stating that the government’s focus on import substitution, pollution-free transportation, and cost-effective production will help achieve this goal.

EV prices: big drop ahead?

Currently, electric cars in India are priced significantly higher than their petrol counterparts due to battery costs and initial investment in charging infrastructure. However, with advancements in battery technology, government subsidies, and increased production, the price gap has already been narrowing.

Also read: Delhi to fine ICE vehicles parked in EV spots

Nitin Gadkari's statement suggests that this gap will be completely erased in the next six months, making EVs a much more attractive option for the average buyer. If this prediction holds true, India’s EV adoption rate could skyrocket.

Why this matters for you

• More Affordable EVs- No more choosing petrol cars just because they’re cheaper.
• Lower Running Costs- EVs already cost less to run; now they’ll be cheaper to buy too.
• Boost for Charging Infrastructure- As demand increases, so will charging stations.
• Environmental Benefits- A shift to EVs means cleaner air and less dependence on fossil fuels.

India’s EV push

The government is also ramping up smart transportation and road infrastructure, which plays a crucial role in making EV adoption smoother. Mr. Gadkari highlighted how mass rapid transport on electricity and better roadways can reduce logistics costs and help India’s economy grow.

With major automakers launching affordable EV models, along with subsidies and incentives for charging infrastructure, the country is getting closer to a future where EVs are the default choice.

Final thoughts

While six months is an ambitious timeline, the direction is clear. EVs are going to be more accessible than ever. If you were waiting for the right time to switch, this might just be it!