Starting Next Year, Electric Cars Are Claimed To Be No Longer Expensive From Gasoline Cars

Photo illustration. (Doc. Pexels)

JAKARTA - The era of electric cars at affordable prices is getting closer. The Indian government projects that within the next four to six months, the price of electric vehicles will be equivalent to cars with gasoline or conventional engines.

The Minister of Transportation and Highways of India, Nitin Gadkari, said that this price equality was possible thanks to the ever-increasing advancement of technology and production efficiency. According to him, the price of electric cars has now decreased considerably compared to a few years ago.

"In the next four to six months, the price of electric vehicles will be equivalent to the price of gasoline-fueled vehicles," said Nitin Gadkari, quoted from the Times of India, Thursday, October 9.

So far, electric cars are known to be more expensive than gasoline cars in their class. However, the development of battery technology and the increase in production volume make manufacturing costs more efficient.

This trend opens up great opportunities for people to switch to electric vehicles without having to pay more expensively. Gadkari also highlighted the importance of the transition to clean energy to reduce dependence on fossil fuels.

According to him, India must spend a large amount of money on imports of fuel which reaches around Rp. 4,290 trillion per year. He emphasized that the transition to electric cars is not only an environmentally friendly step, but also a strategy to strengthen national economic resilience.

Furthermore, the Indian government is targeting that in the next five years their automotive industry could be the largest in the world. Currently, the value of India's auto industry has reached around IDR 4,290 trillion, a significant increase from before.

"In the next five years, our target is to make India's number one automotive industry in the world market. When I served as Minister of Transportation, India's automotive industry reached Rs 14

If you look at the data, the United States (US) currently still dominates the global automotive industry with an economic absorption of 78 liters of rupees or Rp. 15,210 trillion, then there is China with 47 chickens of rupees or Rp. 9,165 trillion, then there is India with 22 chickens of rupees or Rp. 4,290 trillion.

This trend has the potential to affect the global automotive market, including Indonesia. With more and more manufacturers preparing affordable electric vehicle models, people in the country can also enjoy competitive electric car choices compared to conventional cars.