Electric vehicles market is rapidly increasing day by day. There was a strong selling number of electric vehicles last year against the year 2021. As a proof, more than 2,78,000 electric vehicles sold this year since January that means 90,000 EVs per month. The demand of electric vehicles is not only in Tier 1 cities like Mumbai, Bangluru but also in tier 2 and tier 3 cities.
Amit Bhatt, managing director for India, International council of Clean Transportation said,” Transitioning to EVs in Tier-2 and Tier-3 cities will help to make a strong sustainable E2W Ecosystem. It also helps the economic growth of India.”
In India, the electric vehicles Eco system will help to create a strong clean energy mission. The electric two wheeler sales reduce carbon emissions and contribute nationwide efforts to combat air pollution and climate change. More EV adoption will create more job opportunities and also more small businesses.
This, in turn, is expected to drive economic growth and development in small cities.
India is the world largest electric two wheeler market in the world. More than 80 percent electric two wheelers use E2W in the country. Non urban markets account for 50 to 60 percent of total sales.
As per ICCT, all the 95 percent electric vehicles sales under an ambitious vehicle electrification pathway by 2040. This will reduce 18 to 50 percent carbon depending on the pollution.
For this reason the state and central government are giving incentives on buying electric vehicles so that people buy electric vehicles more and more. Per year India imports 16 lakh crore crude oil. This is a huge amount, we have to give to other countries. If we use electric vehicles then we can save that money and use the other development.
Article source: Mints