The growth of electric mobility in India

Electric mobility has become increasingly popular in India, with more than 2.8 million electric vehicles (EVs) registered by August 2023. This rapid adoption of EVs is part of India’s commitment to sustainability and reducing environmental impact from transportation. Although the electricity revolution in India is still in its early stages, the country is one of the fastest growing electricity markets in the world.

Technological advancements have played a vital role in the growth of electric cars in India. The continuous development of the technology has allowed more players to enter the market, localize the EV technology and access the necessary parts. This has led to exponential growth in the OEM (Original Equipment Manufacturer) segment, making commercial electrical manufacturing easier and more efficient.

Electric cars are not just limited to personal cars in India. Three-wheelers, scooters and rickshaws are popular modes of transport and the introduction of electric versions of these vehicles has been a game-changer. In addition, there is a focus on precision technology to improve production efficiency and reduce production costs, with initiatives such as the PLI scheme providing incentives for local power generation.

Apart from manufacturing, India has also invested in research and development (R&D) to improve EV technologies. These advances aim to improve vehicle characteristics such as torque, speed, reliability and range. Battery power has been increased and charging time has been reduced, making electric cars more practical and easier to use.

India is also expanding its EV charging infrastructure to support the growing number of EV owners. Charging stations are being installed in major cities, ensuring that electric car owners can easily access charging facilities.

The future of electric cars in India promises high-speed, efficient cars that are clean, smooth and easy to drive. In addition to environmental benefits, electric cars offer improved functions and a more pleasant driving experience. As India continues to focus on technological advancement and sustainability, EVs are likely to dominate the automotive market in the near future.

sources:
– IANS, 23 October 2023