What Is Ev:
An EV is defined as a vehicle that can be powered by an electric motor that draws electricity from a battery and is capable of being charged from an external source also by self in HEV and PHEV.
Advantage OF Ev:
• No fuel required so you save money on gas. Paying $0.10 per kW is the equivalent of driving on gasoline that costs less than $1 per gallon. …
• Environmentally friendly as they do not emit pollutants. …
• Lower maintenance due to an efficient electric motor. … • Better Performance.
As of Now Ev market :
India electric vehicle market size was valued at USD 1.45 billion in 2021 and market is projected to grow from USD 3.21 billion in 2022.
Future of EV:
The Indian government has set a target of achieving 30% electric vehicle adoption by 2030.
This is consistent to reach net zero carbon emissions by 2070. The Indian electric vehicle market was worth USD 1,434.04 million in 2021, and it is predicted to grow to USD 15,397.19 million by 2027, at a CAGR of 47.09% during the forecast period (2022-2027).
Scope of EV in India :
Why electric vehicles are a boon for India? Facts
• Out of the 10 most polluted cities in the world, India has 6 cities. The biggest reason for this increase in pollution is fossil fuels. Almost all the vehicles in India, ranging from two-wheelers, four-wheelers, and even trains in some areas run on fossil fuels.
• India’s Oil Import-India’s total dependence on crude oil imports is 86%, which means only 14% of the nation’s energy requirements are met by the nation; the rest is imported. Nevertheless, these imports require US Dollars, which also leads to the decrement of the Indian Forex Reserve.
• Global Climate Change, Heat Emission, Paris Climate Accord and the influence of advanced Artificial Technology on Self-Driving Cars. The next revolution in the world of mobility is undoubtedly e-vehicles.
All these points justify the switch from fossil fuels to e-vehicles. All the developed nations are already making a shift to e-vehicles.
TYPE OF EV:
1.BEV – Battery Electric Vehicle.
2.HEV – Hybrid Electric Vehicle.
3.PHEV – Plug-in Hybrid Electric Vehicle.
4.FCEV – Fuel Cell Electric Vehicle.
Why need to choose EV cars:
Electric vehicles are more efficient, and that combined with the electricity cost means that charging an electric vehicle is cheaper than filling petrol or diesel for your travel requirements. Using renewable energy sources can make the use of electric vehicles more eco-friendly.
Advantages of Electric Vehicles:
• No fuel required so you save money on gas. Paying $0.10 per kW is the equivalent of driving on gasoline that costs less than $1 per gallon. …
• Environmentally friendly as they do not emit pollutants.
• Lower maintenance due to an efficient electric motor.
• Better Performance.
(This Information provide by Atul Srivastav, Senior Production Engineer at SIEGER GROUP, You can also read this information in Battery Business Magazine with Charts and figurs.).