The Rise in Demand and Popularity of EV Cars in India
India, with a dense population of over 1.3 billion people, has been facing the challenge of increasing levels of pollution for several years. One of the main contributors to air pollution is the prevalent use of fossil fuel-based vehicles running across the Country’s roads. However, in recent times, the automobile industry has seen a significant shift towards EV cars as a more sustainable, eco-friendly option. To make this project successful, the government of India is installing electric car charging stations in India to ensure that every car has access to charging ports.
Factors contributing to the growth of EVs
Several factors have contributed to the growing popularity of EV cars in India. These include government incentives, a rise in environmental awareness, the installation of electric car charging stations in India and the entrance of both domestic and international automakers into the Indian market.
- Government Initiatives:
The Indian Government has undertaken numerous steps to promote the use of Electric Vehicles through various incentives and initiatives. One such initiative is the FAME India Scheme (Faster Adoption and Manufacturing of Electric Vehicles), launched in 2015, which provided financial incentives to EV buyers. The scheme was further extended in 2018, with a budget allocation of INR 10,000 crore (USD 1.3 billion) over three years. Furthermore, the Indian government is proactively working towards building a conducive infrastructure for EVs, which involves the establishment of charging stations and the implementing policies aimed at promoting the manufacturing of EVs within the country.
- Environmental Awareness:
As air pollution levels continue to soar in major cities across India, many people are turning towards more sustainable, eco-friendly options. EVs produce no harmful pollutants from the exhaust and have emerged as a practical solution for those seeking to minimize their reduced carbon footprints.
- Lower operating costs:
Furthermore, the comparatively lower operational costs linked with EVs have made them an appealing choice for Indian consumers. As the prices of petrol and diesel are rising continuously, EVs provide a more economical alternative for the middle class, which forms a substantial part of India’s population. Moreover, the government has lowered the Goods and Services Tax (GST) on EVs, making them even more cost-effective for buyers.
The commencement of numerous national as well as international automakers into the Indian market has led to an increase in the use of electric vehicles. Many Companies such as TATA, MG Motors, and Hyundai have already launched their electric vehicles in India. As a result of increased competition, a more diverse range of EV models is now available to consumers, which has further led to an upsurge in demand for these vehicles.
The EVs are in the early stages of adoption and are expected to grow significantly in the upcoming years. However, one of the major obstacles that setbacks the widespread EV adoption is the lack of charging infrastructure in the country
To meet the growing demand for EV cars in India, it is essential to set up a widespread network of electric car charging stations across India.
- Government Measures to Promote EVs
At present, the EV charging infrastructure is at a developing stage in India, with just a handful of charging stations accessible in large cities. To tackle this problem, the government has been taking several measures to encourage the installation of electric car charging stations in India.
- Private Measures to Promote EVs
Private companies are coming up to address the shortage of EV charging infrastructure in India. Companies are actively working to create a strong and extensive network of charging stations for EVs in India.
Although various efforts have been made to facilitate the adoption of EV cars in India, there are still some challenges that need to be addressed. The second primary challenge is the lack of uniformity in charging infrastructure. The charging stations available in the market employ different connectors and protocols, making it challenging for EV drivers to find compatible charging stations. This inconsistency can cause range anxiety, and people may avoid purchasing EVs due to concerns about being stranded without a charging station.
The Bottom Line
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