Old vehicles can now get electric, hybrid makeover

Old vehicles can now get electric, hybrid makeover https://lnkd.in/feHvyac ======================== In 10 years ( between 2021 – 2030 ) , we need to replace ( through scrapping of old vehicles ? ), some 24 Million vehicles, EACH YEAR ( total of 240 million in 10 years ! ) If we assume that the depreciated value of those OLD vehicles is just Rs ONE lakh each, then we are talking of scrapping assets worth Rs 24,000 Crore , EACH YEAR ! Year after year , for 10 years ! =================== That made me recommend retrofitting OLD vehicles with E Kits, as outlined in : Missing piece of Jigsaw Puzzle ? [ 15 Nov 2018 ] https://lnkd.in/f5D8kyK