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Electrifying the future of transportation

By Guest Author,

Added 25 April 2018

Electric vehicles are getting its momentum in the country. Here is an overview of penetration of EVs in India.

Infrastructure:
Along with the technology, inadequate infrastructure is one of the challenges that the e-vehicles are currently facing. According to study on adoption of electric vehicles done by Velocity MR 90 percent of the Indian car owners who participated in the study claim that they would opt for an Electric car, provided the right infrastructure is made available, along with optimum support system for maintenance of their Electric cars. Over 50 percent of respondents also suggested that the government should take initiatives to increase awareness about the EVs and provide financial assistance in the form of subsidy and reduced road tax. The study observed that while there is some awareness on the electric cars, there are also several misconceptions related to the category. One of the most common misconceptions is the perceived low mileage per charge. 70 percent of the respondents believed that an electric car could provide a maximum mileage of 70km per charge, while the basic models of electric cars available in the Indian market today, provide a mileage of over 100 km per charge.

Jasal Shah, Managing Director & CEO of Velocity MR noted "Like AI and crypto-currency, Electric Vehicles have also taken the world by storm in recent years. Though the current adaptability of this segment is at a bare minimum, the future of electric cars is bright. With talks of international brands like Tesla and Toyota planning their launch in the Indian market, this segment in India is expected to reach new heights."

Seconding the same, Ayush Lohia, CEO, Lohia Auto mentioned, "Electric Vehicles' Penetration depends on the charging infrastructure. Central Government has taken initiative to address this concern and it is part of FAME subsidy as well. With the Government's support, agencies are working in this direction and facilities have been installed at some places as a pilot project."

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