As I said, most experts agree that by 2024-25, there will be no cost difference between electric vehicles and internal combustion engines. Our mandate comes years after that. The first part of the mandate comes in 2030—it will come into force way after the cost difference between internal combustion engines and electric vehicles....
You have to remember that right now EVs are more expensive to buy, but they're way cheaper to operate. If you look at the full life-cycle cost of owning and operating a vehicle, there are substantial savings. Simply looking at the cost of purchasing the vehicle is only looking at half of the equation.