Is India ready for Electric Vehicles?
About the topic: Electric vehicles are a new revolution in the world market. Unlike the conventional petrol and diesel vehicles, e-vehicles run on electric motors. These vehicles have an electric battery that is charged and this energy is then saved and stored to run electric vehicles.
Let’s discuss Is India ready for Electric Vehicles?
For (yes India is ready)
- India is already manufacturing electric locomotives that pull train coaches with tons of load. Hence, manufacturing e-vehicles won’t be a big task.
- There are big names investing the e-vehicle transition in India like Maruti Suzuki India and Mahindra and Mahindra.
- Amongst the world’s top 20 most polluted cities, 13 are in India. So the e-vehicle move will help curb the pollution level in the country.
- The e-vehicle transition will also transform the use of non-renewable energy sources into a renewable energy source which is the need of the hour in our country.
- Increased petrol prices will also see a significant fall if people switch to e-vehicles.
Against (no India is not ready)
- India does not have enough electric charging stations. The EVs need a well-maintained charging station, which is in scarcity in our country.
- Lithium batteries are the key components in manufacturing e-vehicles. India does not have any lithium reserves of its own so it would have to import them from low-cost producers like China.
- Most Indian prefers petrol and diesel cars and does not opt or e-vehicles because of their slow pickup and slow speeds.
- The major drawback that people face with e-vehicles is their high operating cost and long waiting time at the electric charging stations.
- Most of India’s population is middle class. The maximum no. of cars that the Indian population owns comes under the cost of 5 lakh. Whereas the cost of e-vehicle falls somewhere around 10 to 11 lakhs. This high amount is not affordable for everyone.