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IOC's 180,000 crore capex-III: The advent of the electric car
Aug 07: Oil marketing companies fear the advent of the electric car as it will dramatically disrupt their business model.
8There are a handful of electric cars in India and they are still behind models launched by the likes of Tesla in the US
Nevertheless, the latest Indian model has the following features;
8Zero tailpipe emission
8Telematics captures 190+ vehicle performance parameters
80-100% charge in 8 hours
8Running cost Rs 1.15/km at an electricity cost of Rs 7/kwh
8Range is 110 km on full charge
8Low maintenance due to fewer moving parts
8Long life maintenance free lithium ion batteries
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