Electric Vehicles: The new normal in Indian Market. Yet?
With electric vehicles setting foot in the Indian market, is it too soon to say that they are becoming the new normal? Undoubtedly EV’s have found solid ground for existence and sustenance on Indian streets. May it be the concerns for environmental damage, pollution, worsening air quality, or unacceptably high petrol and diesel prices? With so many issues arising, the EV’s might feel like a possible solution, but the question is, “Is India ready to give up on its long-lived legacy of owning fossil fuel-powered vehicles?”
With the Indian Government’s pledge to replace the entire automotive population with its electrical substitute by 2030 coming into the picture, the Indian market has already started to notice changes. Soon, Indian roads started witnessing electric three-wheelers, busses, bicycles and with Ather launching India’s first gearless scooters in June 2018, and Intellicorp launching its first AI-enabled electric motorcycles in August 2019 Indian roads went EV crazy. And then there was no looking back.
Today, the Indian market is flooded with brands launching their electric vehicles with each passing day; motorbikes, bicycles, gearless scooters and four-wheelers all can be seen. According to an article published recently by The New Indian Express, the skyrocketing prices of petrol and diesel have been the trigger behind the increase in EV sales in India. Also, due to various policies brought in by the Indian Government and the Governments of the states EV’s have finally found existence in the Indian economy, and the chances of survival seem relatively reasonable.
Why electric vehicles? If one may ask. The answer is very simple.
They provide a more extended range from about 150-200Kms/charge depending upon the battery used.
Electric vehicles use a renewable source of energy for operation, electricity.
Electricity has an lesser carbon footprint than that of petrol, diesel and CNG.