DMPQ: what are the benefits attached in adopting electric vehicles in India?

An electric car is an automobile that uses an electric motor as it’s primary source of propulsion. Electric vehicles (EVs) use electrical energy which is stored in rechargeable batteries. One of the primary benefits of an EV is the lack of tailpipe emissions. The term electric vehicle (EV) is commonly used to refer to three main types of automotive drivetrains. These are Battery Electric Vehicle (BEV), Hybrid-Electric Vehicle (HEV), and Plug-in Hybrid-Electric Vehicle (pHEV).

 

Benefits attached with electric vehicles:

 

Reduce India’s oil dependency:      The shift from petrol and diesel fuelled vehicles will reduce India’s dependence on oil and the cost of import. NITI Aayog has estimated that India can save up to ₹4 lakh crore by rapidly adopting EVs.

Address the issues of climate change: Electric Vehicles would reduce vehicular emissions and will address the issue of air pollution as well as be an end-to-end solution to address the issues of climate change by cutting down greenhouse emissions. India can save 64% of energy demand from the road sector for passenger mobility and 37% of carbon emissions in 2030.

Job Creation:      Government will help establishing charging stations to start with and later through franchise model, create jobs for lakh of entrepreneurs to establish charging stations across the country.

 

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