"To go all electric is a daunting task," said PwC partner Abdul Majeed. "Electric vehicles have a few huge challenges to deal with before they can take off in a big way. It also wants more work on smaller, easier to use batteries.Amara Raja Batteries, an Indian battery manufacturer, would be part of the "swapping model", said its chief executive S. "Mahesh Babu, chief executive at Indian conglomerate Mahindra, said it was an exciting project but government efficiency targets are "idealistic and might lead to compromise on consumer needs and safety. Most of the three million new cars added to India's roads every year are far cheaper, compact vehicles.

Source: Economic Times September 17, 2017 03:56 UTC