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.
What are Electric Vehicles?
- Use one or more electric motors for propulsion.
- Have a battery that is charged through an electric supply.
- Stored electric energy is used to power the electric motor.
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Types
- Electric Trucks
- Electric Buses
- Electric Bikes
- Electric Trains
- Electric Scooters
Electric Vehicles: A Necessity
- With alarming pollution levels and increasing petrol prices, switching to EVs is no longer an option. It is a necessity for India.
- We need cleaner air and EV is the solution.
But can India undergo a transition from conventional cars to environmentally friendly Electric vehicles? Let’s find out!
Advantages:
- Petrol and diesel loot will not affect you
- Very beneficial for the environment
- Helps in fighting against climate change
Some of the countries leading the race for EVs are –
- Sweden
- Norway
- Iceland
- Denmark
Norway is at the top: Fact – In 2020, out of all new cars sold in Norway, 74% of them were electric cars. This is a world record and 2/3rd of the cars being sold in Norway are Electric Cars.
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Benefits of Electric Vehicles
- Cost-Effective
- Environment friendly
- Energy Security
- Less maintenance
- Reduction in noise pollution
Steps were taken by the Government of India
- FAME(Faster Adoption and manufacturing of Electric Vehicles)
- Incentives of money/cash will be given to people if they buy electric vehicles.
- Reduction in GST
- GST Imposed on electric vehicles was reduced from 12% to 5% in August 2019 which is a commendable action.
In 2017, GOI announced that by 2030, all cars being driven in the country will be electric cars. Later they said that 30% of the total vehicles will be EVs to make it more realistic.
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 completely on foreign countries for petrol and diesel and will be a step towards Self Reliant India.
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