Anisha has done MBA in Marketing from NMIMS And Executive Management(PMNO) from Harvard Business School. She has been instrumental in growing CATKing Digital with her experience with Marico and Henkel in the past.
Is India ready for Electric Vehicles- Part 2
Policies of some Indian States:
- Karnataka – It was the first state to have come up with an electric vehicle policy
- Maharashtra – It too has a good electric vehicle policy but it has a limit, it focuses only on the first 1 Lakh customers.
- Telangana – It has removed road tax and registration fees on electric vehicles (But only 2 lakh electric 2-Wheelers would get the subsidy)
Automobile leaders in EV
- Maruti Suzuki
- Maruti Suzuki is the chief within the passenger automobiles area and has been a piece past due in leaping at the EV bandwagon.
- Earlier this year, it stated that it will broaden electrification technology through 2025 and completely put it into effect in merchandise from 2025
- Tata Motors
- With the release of its a hit electric powered automobile named NEXON, it has controlled to spark pleasure amongst consumers.
- It released the electric model of Tigor. It additionally plans to release 10 new and affordable vehicles.
- Mahindra & Mahindra
- From Mahindra e20 and Verito to e-buses for public transport, the corporation is absolutely in.
- It plans to make investments of 3000 crores in the electrical car enterprise in the eminent three years.
- Hero Motocorp
- Hero motocorp has committed a wing named Hero Electric to layout and manufacture motorcycles.
- With greater than a dozen motorcycles together with Atria, Photon, and Optima, Hero is already equipped to depart a mark withinside the EV area.
Challenges
- Building infrastructure for charging stations.
- Motivating common people to buy an electric vehicle.
- Dependence on Li-Ion imports for batteries of EVs.
- People have issues with:
- Speed
- Charging Time
- Efficiency of batteries
- Driving range of the EVs
- Training people in using EVs is another challenge.
Conclusion
- It’s a good thing to switch to EVs, as it is an environment-friendly option but the government should ensure that the transition will be smooth.
- We will not have to rely on foreign countries for petrol and diesel and will be a step towards Self Reliant India.
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