The automobile industry of India has been upcoming with new innovations, trends lately. The term electric vehicles made only a few heads turn around until a few years back but the scenario has changed now. Gradually, it turns out to be a term which catches the attention of many people around the world.
It is also true that electric vehicles are on their way to soon become a bright reality in India. Ev is paving the way for a positive change in India. The manufacturing landscape of Electric vehicles was solely dominated by the global automakers earlier but now it is also considered by numerous Indian automakers and they are taking a deep dive into the electric vehicle space after seeing the growing potential that India has in store.
There is also a great hope that people will tend to purchase more environmentally friendly vehicles. The government has announced this year for voluntary vehicle scrappage. It aims at bringing out any commercial vehicle that’s older than 15-20 years.
There are three main expectations of the electric vehicle industry and they are:
- Reduction in GST
- Building financial solutions and awareness for the electric vehicles
- Reforms in FAME II
What is even more interesting is that the mindset of the Indian people is also slowly evolving to switch to electric vehicles any time sooner. A recent study has said that by 2022, most people in India would consider buying an electric vehicle and it is likely to be a key trend which triggers the growth of the electric vehicle segment in India.
The tech giant’s launch is expected to trigger the adoption of electric vehicles in India. This particular launch is also proof that there is a lot to gain through the widespread adoption of electric vehicles. Additionally, the Make in India program can assist the manufacturing of EVs and their components. In fact, some reports depict that this could increase the country’s GDP by 25% over the upcoming years.
The business remains on a significant upward flight. The consumer demand triumphs within the long-standing time which is obvious within the recent business developments. As an example, the world’s Most worthy electrical vehicle manufacturer, Tesla, is currently equipped to launch its cars in India this year.
EV adoption campaigns
There is a fact that the core of e-mobility is obviously the EV itself. The cities like Kolkata and Delhi sealed the manner for e-mobility thoughts. Such cities promoted the employment of e-rickshaws to lower operation and economical prices. There are reportedly over one lakh e-rickshaws in the city of Delhi while Kolkata is also following the suit. This development is also encouraging a huge step in electric vehicle sales for personal use as well.
The fresh launch of ‘Switch Delhi’ Campaign has seen a good response which resulted in encouraging signs for the Electric vehicle industry. The campaign was introduced to push the adoption of EVs. As a result of its success, some leading two-wheeler firms have declared that they’ll be launching new electric vehicle models within the nation’s capital.
The Transport Minister of urban center(Delhi) proclaimed that since the campaign was launched, there has been associated accrued registration of electrical two-wheelers. The campaign is an eight-week awareness drive, which leads to the market and it specifies the advantages of switching to EVs. The Switch urban center campaign conjointly aims at specializing in making a stretch for electrical three-wheelers whereas encouraging individuals to take this mode of transport.
India’s delivery ecosystem was dominated by trucks for a very long time. They were the sole answer to transporting products massive and tiny to varied destinations. Then came bikes, vans, and smaller modes of transport that modified the total delivery-system. These developments combined with the increasing demand have sparked a huge growth within the business.
Battery swapping stations
The rise in demand for delivery services additionally creates a requirement for accrued run-time. As EVs take over the delivery system, there’s a need for them to take care of speed. The battery charging method for an EV typically takes up to a handful of hours, which may be a retardant if delivery personnel have to be compelled to perpetually wait for a charge to complete.
Therefore, some last-mile delivery firms have actively established battery swapping stations to decrease the work time. With these battery swapping stations, delivery personnel will swap a drained battery for a completely charged battery in few minutes.
These battery swapping stations are focusing on as awareness of their effectiveness spreads. It’s an answer that’s being adopted by automobile firms to supply their customers with a brief and convenient solution to their electric vehicle charging desires.
All in all, given the growing awareness, efficient solutions, and convenience that the EV business is gaining, it’s safe to mention that the long run of EVs in India is in a positive trend.
