Electric Vehicle Market Trends

Electric Vehicle Market Trends

  • 02-29-2020

Electric Vehicle (EV) uses one or more electric motors to move the vehicle forward. Some of the Electric Vehicles around the world are- 1. Electric truck (Class 8, Tesla Semi)  2. A Maglev train  3. Electric trolleybus 4. Electric tram 5. Electric car Tesla Model 3 6. BYD K9 -Battery electric bus 7. Shatabdi Express and Electric Locomotive 8. Solar power Aircraft 9. Solar scooter - Torrot Movi 10.  e-Bike

The manufacturers have accepted the fact that EVs are less polluting and will even help to reduce carbon dioxide. The average EV battery packs lifespan is around 2,00,000 miles i.e., 12,000 miles/year. Let’s talk about a family having 7 members in their family, so a 40kWh battery capacity, the 5 or 7 seater e – NV200 is perfect for any growing family. Buying an EV is the best option in the market as a second car, but for a man’s first dream car the best option is a hybrid like the Toyota Prius which is the world’s bestselling hybrid car which had a sale of up to 4 million units till January 2017. An EV has low maintenance and general running cost. Electric vehicles have grown 54% to about 3.1 million in 2017. Indian Manufacturers of Electric Vehicles Honda has manufactured Fit EV and Clarity Electric Hyundai has manufactured Ionic Electric and Kona Electric  Mahindra has manufactured e-Verito and Mahindra e2o. Tata motors have manufactured Tigor EV 2019 and Nexon EV 2020. 


The electric vehicle market share of EV passenger cars has increased from 0.14% in 2011 to 0.62% in 2013. As residential charging is inexpensive, most EV drivers do most of their charging at home. There are many ways to generate electricity at various costs, capabilities, and ecological agreeableness. Trending EVs Industry in India.

Motorcycles. 

 

  • REVOLT MOTORS  
  • TORK MOTORS 
  • EMFLUX MOTORS 
  • ULTRAVIOLETTE AUTOMATIVE Rickshaws 
  • ENTICE IMPEX PVT. LTD. 
  • MAHINDRA 
  • KERALA NEEM G 
  • Mini pick up trucks  
  • ECOYAN 
  • MAHINDRA 
  • TATA MOTORS, ACE ELECTRIC IN  
  • CROYANCE AUTOMATIVE, ELECTRO 1 Buses 
  • ASHOK LEYLAND 
  • TATA MOTORS 
  • GOLDSTONE INFRATECH Solar – electric boat  
  • ADITYA  


Hybrid cars available in India 

  • TOYOTA PRIUS 
  • HONDA ACCORD HYBRID 
  • TOYOTA CAMRY 
  • MG HECTOR 
  • SUZUKI CIAZ 
  • SUZUKI SWIFT 
  • SUZUKI ERTIGA  
  • MAHINDRA SCORPIO INTELLI HYBRID

The Government has started faster adoption and manufacturing of hybrid and electric vehicles (FAME) scheme which gives incentives on the purchase of an EV. The state of Karnataka has approved Electric Vehicle and Energy Storage Policy in 2017. This scheme offers incentives to the electric and hybrid vehicles from Rs. 1,800 to Rs. 29,000 for 2 wheeled EVs and Rs. 1.38 lakhs for 4 wheeled EVs. Indian Prime Minister has unveiled the National Electric Mission Plan (NEMMP) 2020. India aims to reach 100% electric cars by 2030. Indian Government wants all three-wheelers to run on batteries. By 2025, the rule will be applicable to most two-wheel EVs. Electric cars are our future as they are environment-friendly alternatives to gas-powered vehicles. So, if you want to buy a car opt for an EV which can be very beneficial for you as well as our environment and the theory should go on.  

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