From steam-driven engines to fuel-powered vehicles - the automobile sector has progressed a lot over the years, in terms of development and technology. And , this is perhaps the only way to go forward. The most recent enhancement in the world of automobiles is more incline towers EVs - a green option for transportation.
India is one of the world’s biggest untapped electric vehicle markets, specifically in the four-wheeler segment. With numerous car manufacturers rolling out EV cars at a quick pace, the demand for such cars has amplified considerably in the past few years.
In India, the government is executing a strategy to push for the quicker manufacturing and acceptance of electric vehicles. This strategy is known as FAME targets to achieve 30% EV sales penetration for cars, 70%f or commercial vehicles, and 40% for buses by 2030.
Healthier Air Quality in our Cities = Better Health Outcomes
It’s not only the planet that benefits from lower gas emissions – with improved air quality, we would also live a longer and healthier life. A study in China, where the acceptance of zero-emission vehicles is moving at a fast pace, showed that the health benefits because of the snowballing share of electric vehicles outweigh the climate advantages.
Government Initiatives
While knowing you’re contributing to a cleaner atmosphere is an achievement in itself, you can get subsidies from the government for purchasing an electric car. In its effort to control pollution, the Delhi Government has introduced an “Electric Vehicle Policy” which waives off registration fees and road tax for electric cars for three years. Furthermore, the new strategy also offers inducements up to Rs.1.5 lakhs for buying an electric car.
Charge Suitably from the comfort of your home
Ever found yourself waiting in a long line of cars at a petrol pump in the peak hours? Taken a diversion on your way to work to get an emergency refill? This issue can always be put to rest by shifting to an electric car.
Hence, with numerous advantages and ever-enhancing technology, electric cars seem to be the future and an intelligent option to invest in, and such benefits will drive the India Electric Car Market in the future as well.
Gain a competitive edge with our expert insights in Indian electric car market sales volume
0 Comments