India is the 3rd largest polluter in the world following China and the US. The pollution from the massive industrialization in the country coupled with emissions from hundreds of millions of vehicles running on petrol and diesel is not only endangering the lives of citizens but also wreaking havoc on the ecology. The resulting devastation from pollution in the form of floods, drought, erosion, deforestation, and the rising temperature has forced the governing authorities to look for alternatives that can contribute to its fight against climate change.
Renewable energy and electric vehicles are seen as the key alternatives for India in its fight against growing pollution and climate change.
Because of their reliance on a diverse range of primary energy sources utilized in power generation, electric vehicles such as electric cars, Electric Scooters, and Electric Bikes might help diversify the energy (renewable energy like solar, wind, electric, hydro, nuclear, and hydrogen) required to carry people and things. This, in turn, helps to minimize reliance on diminishing fossil fuels such as gasoline, coal, and diesel, while also providing long-term energy security for the twenty-first century.
The future of e mobility in India
One of the factors that have fueled the popularity of E Mobility is the concept of green travel, free of emissions. Because they are electric vehicles, man can not only save fuel costs but also help the environment in more than one way. Among the various EVs, e bikes and e scooters are ideals that are widely accepted by the Indian populace. They are energy-efficient, cost-efficient, and very much suitable for the poorly constructed roads of India.
Automobile manufacturers all around the globe have been working hard for decades to develop innovative and sustainable alternatives to fossil fuels. The environmental devastation caused by ICE automobiles and emissions is already severe. And today, more than ever, there is a pressing need to convert and use electricity to run machines and transport.
The government has now joined forces with electric vehicle makers and other important parties to offer India a carbon-neutral environment. Electric vehicles can play an essential role in achieving that aim. Countries such as the United Kingdom, France, Norway, and Germany have already banned the sale of non-electric cars before 2025. As a result, the EV business and e-mobility are some of the most exciting, significant, and necessary sectors.
India’s e-mobility market is hot and lucrative
The proportion of the worldwide electric car market is anticipated to extend to 34,756,000 units by 2030, at a CAGR of 26.8%. India has already shown its sharp interest in being a crucial part of this automotive model move. In addition, India has already prioritized the ambition to become a major hub for electric vehicle manufacturing in the future. Industry leaders view electric vehicles as a promising option that can help the government in its fight against climate change – something which was intensely discussed in both Paris Climate Summit and Glasgow Climate Summit.
In addition to the environmental benefits, electric vehicles have a lot to offer. Automatic driving options, smart personalized solutions, embedded 5G next-generation technology, just to name a few. At a basic level, electric vehicles offer much lower operating costs compared to conventional internal combustion engines. On average, operating electric vehicles is considered cost-effective for a vast country like India while it is also true that the maintenance cost of electric vehicles is far less than their counterparts. Therefore, it is an important consideration for not only consumers but also the government.
Finally, India has a lot to acquire from the mass adoption of e-mobility by consumers. Under the Make in India program, the production of electric vehicles and related portions is expected to increase consistently in the coming years. The price of electricity is also expected to decrease as a range of renewable energy sources are coming into existence. Lastly, the installation of electric vehicles like electric cars, electric bikes, electric scooters, e scooty, e bikes and e scooter will help to reduce emissions, which is a major contributor to climate change.
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