Sri Lanka - A second bite at the cherry
Sri Lankan policymakers must create a framework to encourage micro, small, and medium enterprises to adopt solar power for electric vehicles. The country has a chance to reduce its dependency on petrochemicals by embracing electric vehicles.
Policymakers in Sri Lanka must encourage micro, small, and medium enterprises to adopt solar power for their electric vehicles. The current argument against rooftop solar PV is excess energy during the day, but battery technology has made storing this energy affordable. Henry Ford's Model T made cars accessible to the masses, and now electric vehicles are becoming more affordable. Sri Lanka can reduce its dependency on petrochemicals by embracing electric vehicles. The country's automotive industry can learn from the past, including the failure of Tata Motors' Nano project. Electric vehicle manufacturers have reduced production costs and included standard features, making them more accessible.
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