Climate Changed
India's 2030 All-Electric Car Target Seen `Ambitious' by IEA
- More than 10 million such cars need to be sold to meet goal
- India to remain key center of global oil demand growth
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India’s potential plan to sell only electric cars by the end of next decade would require nearly eight times the global stock of such vehicles, according to the International Energy Agency.
The country would need to sell more than 10 million electric cars in 2030, compared with the almost 1.3 million on the road worldwide in 2015, the agency said in an emailed response to questions. The goal also equals 10 percent of the 2030 target for electric vehicles on the road globally agreed to in the Paris climate talks.