Introduction
Electric vehicles are a major disruptor in India. The government has plans to make electric vehicles mainstream, and they plan to do so through incentives like zero-cost battery charging infrastructure and other benefits. However, there are issues that need to be addressed before these plans can be come a reality. We’ll look at what those issues are and how they will affect the growth of the electric vehicle market in India.
Increasing pollution in India
The average Indian citizen is breathing in more than twice the level of air pollutants than they were in 1990.
In fact, India is the third highest carbon emitter in the world, behind only China and the United States.
The country's increasing pollution levels have been attributed to its reliance on fossil fuels like coal and natural gas for energy production, as well as its rapid growth rate which requires additional electricity generation capacity. The government has pledged to increase renewable power sources such as solar or wind by 40% by 2022 but this will be difficult considering how much land needs to be cleared for agriculture production (which consumes lots of land) and how many people still lack access to clean cooking fuels like kerosene or diesel fuel for lighting homes during nighttime hours when electricity demand rises during peak hours
Advantage of Electric Vehicles
There are many advantages to electric vehicles. First, they are much more affordable than gas-powered cars. On average, these vehicles have a lower cost of ownership and can save you thousands of dollars over the lifetime of your vehicle.
Second, they require less maintenance than their fossil fuel counterparts. Thirdly, they produce less noise pollution due to their silent operation; this makes them ideal for people who live in urban areas where noise pollution is an issue (such as those with children or elderly). Finally, EVs reduce carbon emissions by eliminating the need for combustion engines that burn gasoline at high temperatures creating smog—a major contributor toward global warming!
Where do we Stand today?
India is the 4th largest passenger vehicle market in the world, with an estimated demand of 3.2 million cars and crossovers by 2020. The Indian government has set a target of achieving 150 million e-rickshaws by 2020. In addition to this, India also expects to become one of the largest markets for electric buses and e-scooters as well in future years (NIIR 2018).
The country has also shown great interest in electric vehicles (EVs) since they were first introduced back in 1991 as part of its “Make In India” initiative with plans to produce 5 Gwatt worth of batteries per annum by 2022 (NIIR 2019).
What do we need to go electric?
You might have heard that electric vehicles are a great way to go green, but they're still expensive and require charging stations. If you want to drive an EV, you need infrastructure in place—and this will take time.
But don't worry! There are plenty of ways for you to make your commute more sustainable without having a car at all.
EV market in India
The Indian EV market is growing rapidly, with over 100,000 vehicles sold in 2017. The government has set a target of 1 million EVs by 2020 and even more by 2030.
The reason for this boom is that EVs are better for the environment, economy, society and nation as well as world at large.
Electric vehicles will be a major disruptor in India.
If you’re an environmentalist and have been following the news about electric vehicles, then you know that they are a major disruptor. EVs are cleaner than conventional cars, so they will help reduce pollution and improve public health in India.
In addition to these benefits, there are also economic advantages for going electric:
They cost less to operate over time (because they don't require as much maintenance)
They can be recharged at home or workplace via solar panels on rooftops or parking lots
Conclusion
Based on our analysis, India is ready to embrace the electric vehicle revolution. The country has the leadership and technical talent required to become a world leader in this field. We believe that EV sales will play a major role in reducing pollution in India, and that opens up huge opportunities for other countries as well.
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