E-vehicle

Respecting Nature, with concerning levels of air pollution & other shocking climate change issues on the rise , E-vehicles have become the talk of the town. From cars to scooters, these eco-friendly alternatives are gradually creating their own spaces on Indian roads. And rightly so! Since fossil fuels are decreasing day by day, electric vehicles are a sustainable alternative. On other hand, price of fossil fuel is rising rapidly, so, people are prefering the e-vehicles.However, knowing the advantages of electric vehicles are not enough to purchase them. Read on to learn the opportunities and obstacles of buying EV in India.

Opportunities of buying an EV :

1 Minimal Running Cost :

Since these scooters are battery-powered, you also save a considerable amount of money and get the same mileage as their petrol counterparts. Hence, you can save a significant amount in the long run.

2 Less Noise :

As you know, most vehicles produce a lot of noise and contribute immensely to noise pollution levels. However, you will find electric vehicles make barely any noise.

3 Eco-friendly :

Undoubtedly, the most significant benefit of electric vehicles is that they are environmentally friendly. They don’t burn fossil fuel or produce smoke or carbon and curb air pollution in the process.

#4 Storage space :
If you require ample storage space in your vehicle, switching to an EV makes sense. This is because these EVs don’t house many mechanical parts and thus, have larger storage space.

#5 Lightweight :
Since EVs have fewer parts, they are lightweight and compact. Hence, they are easy to park and drive.

Note – If you can make your home solar-powered, then it’s free to move on vehicles.

Obstacles of buying an EV :

1 Initial investment :

Since electric vehicles are still not manufactured on a large scale in India compared to petrol-powered vehicles, their production cost is considerably higher. But you can easily cover the high cost by financing the purchase with a two-wheeler loan or car loan.

2 Charging time :

With a petrol-powered vehicle, you only need a few minutes to fill up the petrol tank. This is not the case with electric vehicles, as they require a long time to charge. And this can be a hindrance if you are in a hurry to reach somewhere. You’ve to keep extra battery for emergency purpose !

3 Battery life :

Did you know electric batteries must be replaced once they are damaged? These batteries usually last for 3-5 years and can be highly expensive. However, with lenders offering competitive two-wheeler / car loan interest rates, you can cover the cost with ease.

4 Maintainance :

Though the motors of EVs are made with good protections, there’s a worry of water. So, you can’t explore all types of roads.

5 Lack of infrastructure :

Lastly, electric vehicles are still a relatively newer concept in India. This is why there is a lack of proper infrastructure like charging stations. Therefore, it can be challenging to take the scooter for a long ride. Moreover, there aren’t enough repair centres and spare part dealers for EVs countrywide.

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