Electric Vehicles in India are going to be a major boon for the electric vehicles market as a whole as the country is dealing with some severe issues of pollution and traffic and electric vehicles have been touted to be a big solution. As a mode of transport, this isn’t just efficient but also eco-friendly. For addressing the pollution and traffic issues, authorities are now pushing the electric vehicles hard as an effort for curbing the air pollution and limiting its dependence on the crude oil. The industry of automobile has been expected to now make a major switch to the electric vehicles in the years to come.
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Population growth is the major reason for the hike of fuel as there is excess in demand and India is exploding as a population. This rapid growth in population is going to put a major strain on the resources of the country including the infrastructure related to transport.
Air pollution is a huge problem all over the world. India has of now has 14 of the most polluted cities in the top 20 as per the World Health organization. Electric Vehicle is responsible for zero emission and they can play a major role in improvement of air quality.
Also, India is the third largest importer of oil and the cost of the oil that it imports is a huge draining factor for the economy of the country. The electric vehicles are a lot more efficient than the diesel and petrol vehicles and may also help in the reduction of India on the imported oil.
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Though, alternate transport may be the need of the hour but being a huge economy with people with different class and strata, the switch to the electric vehicles will not be easy and is going to require a major investment in the infrastructure such as charging facilities.