From India to the US to Europe, governments are introducing incentives to mainstream demand for electric vehicles.
The Indian Government has set up the National Mission for EVs to promote their use, and a tax rebate of 20% was launched in November 2010, with some states adding incentives of their own.
In India, the EV market is expanding. And, in a country where two wheels still dominate, electric bikes are leading the way. Nine million powered two-wheelers are bought each year, and 150,000 of these are now electric. That’s still only a tiny percentage of the total, but it goes to show that there’s huge potential for growth.
Read the entire article at: Green Futures
Earthgarage – Greener Car. Fatter Wallet.