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Wednesday, 9 May 2018

India Plan of Selling Only Electric Cars From 2030 Will Affect Nigeria And It's Economy

The decision of the Indian government to start selling only electric cars by 2030 has grave implications for Nigeria who currently supplies the Asian country 12 percent of its crude oil volumes, BusinessDay reports.
India’s energy ministry in a blog post, (which has since been taken down after a CNN report on it) said that it has set the “ambitious” target to stop selling gas-powered vehicles in an attempt to clean up its air. The country’s economy which has seen a boom in the form of new industries and mega projects is challenged by pollution that endangers the health of over 1.3billion citizens.
In a bid to cut down the pollution, the country is looking away from fossil fuels. India’s energy minister, Piyush Goyal, said recently that the country will help facilitate the electric car effort by offering subsidies for a couple of years. The country projects annual sales of electric and hybrid cars to hit 6 million to 7 million by 2020.


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