New Delhi, Oct. 10 -- The story of electric vehicles (EVs) in India has long been about 'future potential', a promise that has been postponed on account of high ownership costs and the fear of range anxiety. But something is distinctly shifting in the automotive landscape. The conversation is moving from a distant dream to an immediate, hard-nosed question of economics and feasibility. So, for the discerning Indian buyer looking at their next big-ticket purchase, the crucial question remains: is now the right time to make the electric plunge?

The most compelling recent development has been the strong assertion from Union Minister Nitin Gadkari. He laid down a specific deadline of achieving price equivalence of Electric Vehicles with thei...