Low-Cost EV Two-Wheelers Are the Way Ahead for A Better and Sustainable FutureOkayaEV
The automation industry all across the world has been aiming at faster adoption and greater manufacturing of electric vehicles. In India, the centre has even decided to reduce the burden from electric vehicle manufacturers by increasing subsidies on electric two-wheelers.
Electric vehicles are the future.
They are sustainable, technology-driven and affordable that provide easy mobility to people. When compared to the other forms of transportation available worldwide, electronic two-wheelers perform much better in terms of reliability, speed, accessibility, environmental externalities and road space utilisation.
The current world is plagued by the threat of a pandemic, soaring crude oil prices, and several climate changes that have put the Global transportation industry in an enviable spot. While there are several electric-powered vehicles, the introduction of electric two-wheelers or EV vehicles is the best gift of urbanization. It is also the best alternative to conventional fuel-powered vehicles.
So, what makes EV vehicles the forefront of future mobility in India?
There is a wide array of factors that prove the efficiency and accessibility of electronic two-wheelers over traditional fuel-driven two-wheelers.
It’s a known fact that electric vehicles are more efficient than the traditional alternative as they draw their strength and efficiency by turning energy into motion. Electronic vehicles also perform better over their lifetime than fuel or diesel-powered two-wheelers.
To start with, electronic vehicles are already at the forefront in outperforming IC engine counterparts across the mobility spectrum. This includes consumer-owned vehicles, fleet service and more. Electric two-wheelers carry the potential to contribute to the evolution of sustainable urban mobility. Electronic vehicles can effectively address the negative effects of traditional vehicles on climate, air, and noise.
Affordable and reliable:
Being electronically driven and using a renewable battery, electronic vehicles also address the gaps in existing two-wheeler vehicles by providing affordable vehicles to people with unlimited flexibility in the integration of smart technologies.
Smaller carbon footprint:
No matter where the electricity comes from, electric vehicles tend to contribute a smaller carbon footprint than traditionally powered cars. The electricity that is used to charge and fuel the electric battery present in the vehicles comes from a wide range of power grids that rely on renewable and clean sources of energy.
Overall, electronic vehicles surpassed traditional vehicles in terms of flexibility, speed, road utilisation, environmental and reliability.
Indian Government Encourages Electric Two-Wheelers
The centre has made electric two-wheelers more affordable after revising FAME II subsidies. Aiming for faster Production and Manufacturing of electric vehicles in the country, the centre has reduced the work done on electric vehicle manufacturers by increasing their subsidies. According to a proposal issued by the department of heavy industry, the incentive for reducing electric two-wheelers has been increased to Rs 15,000 per kWh, which was Rs 10,000 per kWh.
This movement has directly come to help customers who are willing to purchase electric two-wheelers in the country. Today, the on-road prices for EV vehicles are affordable which has resulted in an increased sale. Owing to the additional subsidy, the sale of electronic two vehicles has grown despite the pandemic and manufacturers expect the sales to disrupt the market by 2025.
The government has continued to support the adoption of electronic vehicles in India with a study concentration on referring Indian manufacturing hubs for locally built electric two-wheelers.
EV vehicles provide sustainable mobility solutions that are extremely important for the future and the government has been making efforts to invest significantly behind this. The continuous improvement in incentives for EV two-wheelers will significantly increase the production and lead to the indigenous development of Electronic Vehicles, the future technology.