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Although the government encourages electric vehicles to replace internal combustion vehicles, it reduces the risks badociated with crude oil imports. Bhargava said the number of imports is expected to rise steadily as the economy grows and the need for mobility increases further.
"As we gradually increase the percentage of electric vehicles, a very large number of internal combustion vehicles. Motor vehicles would also be produced to meet the total demand, "he said in a message to the company's shareholders in the company's annual report for 2017-18. It is obviously better to use alternative technologies and fuels that reduce the consumption of gasoline and diesel rather than just producing electric cars and internal combustion cars, he adds.
CNG is a clean fuel already used. He adds that the distribution network is expanding.
"It would be a good intermediate step, ethanol and methanol are promising, hybrid technology is also available," he added.
Political events have shown how fragile energy security is and how the price and supply of oil can be negatively affected for importing countries like India. He said pushing EVs to replace internal combustion engine vehicles was primarily designed to reduce the risks badociated with importing crude oil from some countries. for mobility becomes bigger and bigger. Even though pollution from cars is still a very small part of the total pollution, this position would change as car ownership increases over the next two decades, "Bhargava said, calling for a holistic approach. think long-term and develop a strategy that would mitigate these risks, in the short and long term. "
Qualifying the potential trade war between the United States and China to be negative for the industry , Bhargava In addition, oil prices and the Iranian problem create a lot of uncertainty about energy costs this year, he added.
lead to offsetting some of the benefits of the positive factors. Global events have highlighted the importance of designing and implementing a long-term mobility policy, "said Bhargava
adding that the rise in the price of crude oil had significantly increased the commercial burden from India.
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