Demand for e-vehicles in India more than doubled in three years

If it is one thing that has been making the news, it is how people worldwide are taking steps to do good for the environment. India, for one, has been pioneering to make amends so that they can reduce their carbon footprints. One pivotal decision came with the country deciding to switch to a completely electric mode by 2023.

Keeping this decision in mind, the last few years have seen quite a few players have ventured into the market of electric vehicles. The numbers have gone up so much that a report by the State of heavy industries states that the number of registered EVs has gone up in the last three years. In the year 2017-18, the number of electric vehicles increased to 143,358 units, and in the following year of 2018-19, there was yet another increase of 167,041 units.

India, on the whole, has been manufacturing electric vehicles, and in fact, the numbers out on the roads include a fair share of electric two-wheelers, three-wheelers and buses as well. The biggest reason for the surge in the manufacturing of electric vehicles is that the government has been providing significant incentives under the FAME India scheme, which is looking to reduce the difference between the costs of electric cars and ICE vehicles.

Along with the incentives under the FAME India program, the government of India is also taking more steps towards promoting more electric vehicles by reducing the GST component from 18% to 5%. Along with all these measures being implemented, the government is also granting an exception from permits for all those who own electric vehicles that operate on batteries that run on ethanol and methanol.

India, as a country, has the largest population of youths, which is why they happen to make up a large percentage of the market. To increase the popularity of gearless e scooters and bikes, the Ministry of Road Transport and Highways has also decided to grant licenses to kids between the age of 16 and 18. It is understandable that with all these steps being undertaken, the government is trying very hard to get more people to switch to the electric mode of transport.

It is a refreshing break to see people joining hands to make it possible for India to live the dreams of switching entirely to the electric mode of transport. Along with helping reduce the pollution and carbon footprints level in India, the one other benefit of switching to electric vehicles is that people can cut down on expenses that they would have to spend on fuel.

All the reforms and schemes that the government has introduced have pioneered the popularity of electric vehicles, and as a result, the last three years have seen such a good market for electric cars. This demand increase over the previous three years is only set to double in the coming years.

With important things taken care of, the only thing that needs to be taken care of is charging stations that can help people charge their electric vehicles. The government is also making amends to ensure that there are plenty of charging points available to meet the manufacturing numbers of the electric cars going on the road.

Since the benefits to both the people and the environment are plenty, there is no denying that the demand for electric vehicles is at its highest today. Slowly and gradually, even the most prominent automobile players are rising to the occasion of manufacturing electric vehicles that give optimum results both on-road and off-road.

One of the critical players in the electric vehicle niche is Etrio, and they are indeed coming out with revolutionary electric three-wheelers that are changing the way people look and perceive electric vehicles. The central idea of switching to electric cars is that the much-needed relief can be given to the environment. It’s time to go green and switch to the electric means of commuting.