Waiting for a green light
But the question is, whether India, never mind the world, is ready for electric vehicles in the first place.
The electric vehicles (passenger cars) industry, globally, is estimated to be a tiny 100,000 units by the end of 2012. Currently, Nissan leads the market with the electric Leaf in Japan, the US and Europe, with about 40,000 units sold by the end of 2012. Nissan is ramping up the capacity to about 100,000 units by adding two new manufacturing sites in the US and the UK .
China's adoption of electric vehicles is way ahead of other countries, with an estimated 100 million currently on the roads, and around 30 million produced annually, the majority of them being two-wheelers. This has been possible, thanks to strict municipal laws in certain provinces that have banned pollution-spewing ones.