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As we present the complete range of Battery- operated, electric vehicles from Kinetic Green, it is not just a sense of pride but a sense of deep satisfaction that comes from changing the course of things for better.

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Friday, 15 April 2022 09:58

Is India Ready for Electric Vehicles?

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Is India Ready for Electric Vehicles?

An electric vehicle (EV) is powered by an electric motor rather than an internal-combustion engine that ...

What Are Electric Vehicles?

An electric vehicle (EV) is powered by an electric motor rather than an internal-combustion engine that burns a mixture of gasoline and gases to generate power. As a result, such a vehicle is being considered as a potential replacement for current-generation automobiles to solve issues such as growing pollution, global warming, natural resource depletion, and so on. Even though the concept of electric vehicles has been around for a long time, it has garnered a lot of attention in the last decade as a result of the rising carbon footprint and other environmental implications of gasoline-powered vehicles.

But Why Electric Vehicles Are Now Must in India?

Electric Vehicles come with an opportunity to replace regular fuels in the transport sector. With the rising fuel prices, it's now high time to think electric and go green!

The prices of petrol and diesel in India fluctuate as international crude oil prices rise per barrel. Then there are national and state level taxes which put a lot of burden on buyers. Why do we need to hustle so much with the primary fuel options when we can just plug the vehicle for 3-4 hours, charge it and run across the city for the day? This is the easyness brought by electric vehicles. And now with the offices opening again and everything is getting back to normal, commute in the city is easier and pocket friendly with the EVs.

India Electric Vehicles Market - Overview

Environmentally friendly: Electric vehicles are completely environmentally friendly. They do not produce poisonous gases or smoke into the atmosphere, which helps to minimize pollution and prevent global warming.

Energy Security: Because electricity is mostly generated from renewable sources or sources that release no greenhouse emissions, EVs contribute to energy security by moving reliance from non-renewable to renewable resources.

Less Maintenance: Because electric vehicles have fewer fluids (such as oil and transmission fluid) to change and fewer moving parts, they require less maintenance than conventional vehicles.

Noise Pollution is Reduced: Electric vehicles are quieter to drive than gasoline-powered vehicles, resulting in less noise pollution.

While the worldwide EV market is fast gaining traction toward the Electric Vehicle Initiative's (EVI) goal of 20 million electric vehicles deployed globally by 2020, electric vehicles in India are still in their infancy.

India is ready.

Scope of Electric Vehicles in India

India features six of the world's top ten most polluted cities. Fossil fuels are the primary cause of this growth in pollution. Almost all vehicles in India run on fossil fuels, including two-wheelers, four-wheelers, and trains in some locations.

India's Oil Imports-entire India's reliance on crude oil imports is 86 per cent, which implies the country only meets 14 per cent of its energy needs; the rest is imported. Nonetheless, these imports necessitate the use of US dollars, resulting in a decrease in the Indian forex reserve.

Climate Change, Heat Emissions, the Paris Climate Agreement, and the Impact of Advanced Artificial Technology on Self-Driving Cars E-vehicles are unquestionably the next big thing in the world of mobility.

Key Electric Vehicles Market Trends in India

In India, EV sales for two-wheelers climbed by 21% in FY 2020. Sales of electric buses climbed by 50% in the same period.

Electric vehicles (EVs) have the potential to eliminate the use of fossil fuels in the transportation industry. Electrification of the transportation industry can also result in better energy efficiency and lower pollution levels in the local area.

Benefits of Electric Vehicles

There are numerous advantages to electric vehicles, including:

  • No congestion fee means a cleaner environment.
  • Operating costs are reduced.
  • Tariffs for renewable energy
  • An improved driving experience
  • Funding from the government
  • There is no charge for parking.
  • Noise pollution is lessened.
  • Boosted resale value

Is India Ready for Electric Vehicles

With 100 per cent FDI available, new production centres, and a greater push to improve charging infrastructure, India's electric vehicle industry is gaining traction. Other growth factors for the Indian EV industry include federal subsidies and policies supporting deeper discounts for Indian-made electric two-wheelers, as well as a boost for localised ACC battery storage manufacture. Furthermore, in September 2021, Cabinet authorised a production-linked incentive programme for the automotive sector to stimulate the manufacture of electric and hydrogen fuel cell vehicles. In 2021, India sold over 300,000 electric vehicles.

What is the Growth Rate of the India Electric Vehicle (EV) Market?

According to a report released on Wednesday by consulting firm RBSA Advisors, India's electric vehicle (EV) market is predicted to develop at a compound annual growth rate (CAGR) of 90% in this decade, reaching $150 billion by 2030. The Indian electric vehicle market is still in its infancy, but it is expected to develop at a 90 per cent CAGR from 2021 to 2030. In terms of penetration, electric car sales in India will account for only 1.3 per cent of total vehicle sales in 2021. The market, on the other hand, is fast expanding and is predicted to grow in value. By 2030, India's transition to shared, electrified, and connected mobility could save roughly one gigatonne of carbon dioxide emissions.

What is India Electric Vehicle (EV) Market size in 2027?

According to a survey by India Energy Storage Alliance, the electric vehicle (EV) industry in India is estimated to reach over 63 lakh units per year by 2027. (IESA). According to the results of the analysis, which examines the current state and future prospects of the electric vehicle (EV), EV batteries, and public charging infrastructure markets in the country, demand for batteries will increase significantly during the same time period.

Summary

India has a long way to go before it can attain a genuinely hybrid or all-electric transportation system. However, both the government and private corporations are investing substantially to make it happen, so it's on the right track. The most serious issue with gasoline and diesel automobiles, as we all know, is pollution. Fossil-fuel cars are responsible for 60% of particulate matter pollution and nearly 20% of CO2 emissions. In metropolitan India, all fossil fuel cars account for almost 30% of pollution. This can be seen in a variety of situations, such as when residents in Delhi were affected by smog. As a result, cleaner modes of transportation are urgently required.

For having one of the best electric scooters available in the market choose Kinetic Green’s Electic Scooter. The Kinetic Green comes in two models Zing and Zoom. The Kinetic Zing Electric Scooter is a cost-effective alternative to petrol. There is no need for a licence or registration. It comes with a multi-functional remote key that makes riding even easier and more luxurious. The hydraulic shock absorbers take on bumpy roads while also ensuring a smooth and comfortable ride.

A cruise control switch is included in the Kinetic Zoom Electric scooter. Its use does not necessitate the acquisition of a licence or registration. It has a Twin-LED headlight, an aerodynamic design, plenty of under-seat storage, a speed mode option, and more. This scooter comes in three gorgeous colour options.

Last modified on Monday, 18 April 2022 13:12

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