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 Click on Reports for more