The primary reason for the rise in the adoption of electric vehicles in India is that they are environmentally friendly and cost-effective. In addition, they reduce carbon emissions by reducing dependence on fossil fuels. The major challenge that is involved in the adoption of electric vehicles in India is the lack of proper charging infrastructure.
The Indian government has made several attempts to promote electric vehicle adoption by introducing subsidies for its purchase and by promoting charging points at strategic locations such as places where there are a high number of traffic jams, parking lots, etc. However, these efforts have not been very successful so far.
Electric vehicles (EVs) have been gaining popularity in India for a long time. However, it has only been recently that the government has come up with incentives and policies to help EV adoption. In fact, the Indian government is now planning to switch its entire fleet of vehicles to electric by 2030.
The reasons behind this are many:
- Electric vehicles are cost-effective due to their lower running costs compared to internal combustion engine vehicles. This makes them a better option for transport fleets that need to travel long distances on a daily basis.
- They provide better fuel efficiency than traditional vehicles, which reduces emissions of CO2, NOx, and PM10 particles in cities and townships, thus helping improve air quality in these areas as well.
- They require less maintenance than internal combustion engine vehicles due to their simpler design, higher durability, and better reliability over time compared to ICEVs (internal combustion engine vehicles).
Electric vehicles are a new form of transportation that is growing in popularity around the world. They are powered by batteries and can be recharged by plugging into an electrical outlet. The electric vehicle industry has been growing rapidly in recent years, with more than 150 million vehicles sold worldwide by the end of 2017. India is one of the largest markets for electric vehicles in the world with an estimated 10 million units sold during 2015-2017 (IHS Markit).
Electric vehicles have many advantages over traditional internal combustion engine (ICE) cars, including:
Emissions – Electric cars have no tailpipe emissions, which means they do not contribute to air pollution or greenhouse gas emissions.
Fuel costs – In order to power an ICE car, you must use fuel that comes from oil extraction and transport costs. With electric cars, there is no need for oil extraction or transportation costs as electricity can be generated using renewable resources such as solar power or wind turbines.
Fuel efficiency – Electric cars typically have higher mileage per gallon than ICE cars because they do not require fuel or spark plugs and thus use less energy per mile driven.
The massive work in the EV automobile industry opens a variety of job opportunities for professionals. Various educational institutes and industries are organizing vocational training programs to provide knowledge to interested individuals. In the future, this skilled personnel in electric vehicle markets can help in discovering new innovative business models that can disrupt the global EV industry.
EV adoption in India will have an impact on the overall automotive industry by creating more jobs and reducing pollution levels. However, there are several challenges involved with adopting EVs in India including high costs of production, limited charging infrastructure, lack of charging stations at homes and workplaces, lack of awareness about EVs among consumers and drivers, etc…
