The e-mobility sector in India is broken down into subsectors based on the supply of electric vehicles (EVs) and the rate at which they are being purchased. The rate at which electric vehicles are adopted in India will be determined, in large part, by the availability of EV charging stations in India. Batteries in EVs have a finite amount of power, therefore the vehicles need to be charged on a regular basis if the driver intends to use the vehicle.
Thus, charging infrastructure is crucial to the long-term viability of the EV industry. Vehicle type (two-wheeler, three-wheeler, four-wheeler, and bus) is only one factor in determining the necessary charging infrastructure; the vehicle’s intended use (passenger or commercial) is also important. By 2030, India aims to electrify 70% of commercial vehicles, 30% of private cars, 40% of buses, and 80% of two-wheeler and three-wheeler sales. This goal requires a coordinated rollout of charging infrastructure over the whole country of India.
With initiatives like FAME1 and FAME2, the Indian government has been investing in the electric vehicle (EV) sector, with particular attention paid to the development of a reliable charging network. The industry participants have been enthusiastic as well, demonstrating a keen interest in the EV Charging ecosystem as a whole. Major original equipment manufacturers (OEMs) are hard at work on electric vehicles, and at the same time, an ecosystem for the development of chargers, charging stations, and other services is being established.
Although charging infrastructure is essential to electric mobility, its low availability and lengthy charging periods have been cited as major perceived hurdles to EV adoption in India.
Here is why you should adopt Electric Vehicles:
Electric Vehicles’ Environmental Benefits
The environmental benefits of electric vehicles are a primary argument in favor of their widespread use. Electric vehicles (EVs) dramatically reduce emissions of greenhouse gases compared to their petrol-powered counterparts. In the battle against global warming, this emission cut is essential. You can help keep the planet green and healthy by cutting your emissions with an electric vehicle.
An electric vehicle costs less than an ICE (Internal Combustion Engine)
The cheap maintenance costs of electric vehicles are a further compelling argument in favor of this technology. There are fewer moving parts in electric cars, making them easier to maintain than their petrol-powered counterparts. As a bonus, EVs save money in the long term due to the fact that power is less expensive than petrol.
Less Reliance on Imported Oil
Reducing reliance on imported crude is another argument in favor of electric car use. Because of the potential for supply interruptions and price swings, most of the world’s oil reserves are situated in politically unstable regions. We can become less reliant on imported oil and more self-sufficient in terms of power if we make the transition to EVs.
Subsidies offered by the government for electric vehicles
Incentives are being provided by governments all over the world to stimulate the purchase of electric automobiles. Some examples of incentives are reduced or waived taxes, as well as refunds and other cash payments. If you take advantage of these rebates, switching to EVs won’t break the bank.
Enhancing the Electric Car Driving Experience
The feeling of driving an electric car is unlike any other. Electric vehicles provide rapid torque, allowing for swift and seamless acceleration. In addition to being more environmentally friendly, electric vehicles also offer a more peaceful ride than their petrol-powered counterparts.