Electric Vehicles in India- Change is a part of our lives and people work together much of the time for a meaningful change that will help society. Speaking about the automotive industry, the launch of Electric vehicles is one of the biggest improvements we have seen in recent times.
It is discovered that Electric Vehicles produce almost three times less CO2 on average than comparable petrol or diesel cars. This is according to a new online tool created by T&E (Travel & Expense) that allows the public to compare fossil-fueled vehicles with the lifecycle emissions of an EV (Electronic Vehicle).
The EV sector of “Electric Vehicles in India” is still a new topic as of now but it is undeniably growing each day. The Indian Car Industry has been very open-minded about introducing EVs in the Indian market. However, the sale didn’t quite respond in the same manner. People are hesitant to shift from their daily gas vehicles to electric ones.
What Is The Future Of Electric Vehicles In India?
It is predicted that the coming decade will be the decade of a fully electric vehicle. In the near future, with battery prices reportedly dropping 73 percent since 2010, electric cars are predicted to be as cheap as fuel-powered cars. According to the International Energy Agency, up to 20 million electric vehicles will be on the road by 2020, a figure that is projected to rise to 70 million by 2025.
Many countries worldwide are waking up to the promise of e-mobility. Although China promotes e-mobility through tax cuts, EV credit schemes, research grants and more, countries such as the United Kingdom, France, Norway, and India are looking to implement e-mobility on a larger scale, having expressed the intention to phase out petrol and diesel engines entirely in the coming decades.
India has a lot to benefit from widespread e-mobility adoption. Manufacturing of e-vehicles and their related components is projected to raise the share of manufacturing in India’s GDP to 25 percent by 2022 under the Make In India program.
On the economic front, large-scale electric vehicle adoption is expected to help save $60 billion from oil imports by 2030 – 82% of India’s oil demand is currently met by imports. The price of electricity as fuel could fall as low as Rs 1.1/km, helping to save up to Rs. 20,000 for every 5,000 km crossed by an electric vehicle owner.
In the expectation of an electric-only future for cars by 2030, the National Electric Mobility Mission Plan (NEMMP) 2020 and the Faster Adoption and Production of Hybrid and Electric Vehicles (FAME) scheme have also been announced. Moreover, compared with other groups, a lower GST rate (12 percent) was imposed on electric vehicles.
Electric cars, charging networks, e-mobility service providers (car sharing, rentals, etc.), and regulations comprise a holistic e-mobility ecosystem. ‘Mission: Electric’ was recently revealed by the ride-sharing company Ola, which plans to bring one million electric vehicles on the road by 2021.
What Are The Electric Vehicles Powered By?
The market for electric vehicles is powered by the expectations of extended driving range batteries with fast charging. The key challenge for automotive players today is to produce quality batteries that are long-lasting, secure and can store a lot of energy. Lead-acid batteries and lithium-ion batteries have emerged as the most appropriate choices in the present ecosystem.
Because of their reliability and relative affordability, the first electric cars were fitted with lead-acid batteries, which were preferred for public transport use. Due to their low power and short range, they are mainly present in two-and-three-wheelers such as light golf carts and the e-rickshaws of India.
Carbon additives in lead-acid batteries have recently shown promise to dramatically boost battery efficiency, contributing to their viability for use in personal and commercial vehicles, too.
Lithium-ion batteries, on the other hand, can be used in the new electric vehicles and are capable of fast charging and high performance. Its energy content, protection, and life span have been enhanced by advances in cathode materials, such as the adoption of nickel. Owing to the addition of fewer electrochemically active metals, such as aluminum or manganese, which decreases the risk of fire due to oxidation, lithium-ion batteries are also safer today.
What Are The Different Types Of Electric Vehicles In India?
Three types of electric vehicles are commonly found in India-
1- Hybrid Electric Vehicles (HEVs)
HEVs are a mixture of both traditional sources, i.e. petrol & diesel, and renewable sources, i.e. electricity, as the name suggests. To recharge the battery, the electrical energy is provided by the car’s own braking system.
2- Plug-In Hybrid Electric Vehicles (PHEV)
These electric and petrol-driven vehicles are also known as Extended-Range Electric Vehicles (EREVs). Two approaches are used by PHEV to recharge the battery; one is by regenerative braking and the other by plugging into an external charging station.
3- Electric battery vehicles (BEVs)
These are fully electric vehicles that are powered entirely by electricity. Such cars are readily available on the market and are also gaining traction in sales. As they are more generally referred to, BEVs or EVs boast full-size batteries that are charged by plugging in.
Electric vehicles are the only future we can look up to, considering where we are heading! Fossil fuels are about to end at any moment, and while we live our lives, it is not a fair choice to exhaust all fossil fuels. Electricity is also generated from fossil fuels, but we are slowly moving towards future renewable energy sources. We have clean solar and wind energy that does not cause emissions and thus, Electric Vehicles are the future.