Are electric vehicles for cargo and passengers a success in india?


Carbon emissions are one of the leading causes of climate change globally. India too has been seeking answers on how to tackle the situation – and one of the significant answer to the problem has emerged in the form of commercial electric vehicle and passenger becoming the more sought-after option as compared to petrol, diesel or CNG vehicles. The main advantage of electric vehicles is drastically improved air quality, as they emit no carbon dioxide owing to the absent tailpipe. An EV on road can reduce CO2 emissions that equals four roundtrip tickets from India to London!Today, India seems to be preparing itself to step on to the electric mobility bandwagon with great vigour. As per Niti Ayog’s 2019 report, ‘India’s Electric Mobility Transformation’, EV sales in India will reach the mark of 70 percent for commercial cars, 30 percent for private cars, 40 percent for buses, and 80 percent for two- and three- wheelers by 2030.

The thrust towards electrification of vehicles in India isevident. According to a report in India Briefing, “India reported salesof 277,910 electric two-wheelers in the April-September 2022 period, a 404percent increase over the same period last year that saw 55,147 units sold. InH1 FY 2022-23, 18,142 electric cars were sold, registering a 268 percentgrowth.”
Despite some challenges faced by the EV market, like that of rangeanxiety, shortage of charging stations and infrastructure, companies likeAlitgreen are steadfastly moving towards making green mobility a reality bymanufacturing vehicles that present solutions to all the problems that existcurrently. They are steadily making inroads into the electric loading vehicle segment with their two indigenously developed EV variants – Low Deck and HighDeck – which promise absolute value for money, affordability, great range, highpower, sturdy body, highest ground clearance and large volumetric capacity,making for a fitting solution for last mile delivery.

Adoption of hope – Government initiatives

The Indian government adopted the National Urban Transport Policy (NUTP) in 2006 as an effort toward curbing growing environmental apathy. However, it has been an arduous journey, but one brimming with hope.
  • India’s first EV, Vikram Safa (three-wheeler), was a non-starter owing to poor power infrastructure.
  • This was soon replaced by gas-powered vehicles that doubled the pollution levels
  • Keeping this in mind, the government strengthened its efforts towards a pollution-free environment by giving rise to a sea of 50,000 EVs that propelled a movement for cargo and passenger success in India.  According to an Economic Times article, “In the public transportation space, the electric buses have a key role to play. India now plans a $10 billion electric bus contract to curb emissions. CESL, a subsidiary of EESL, a government of India undertaking, together with World Resources Institute India (WRI), has started contemplating to speed up the deployment of 50,000 electric buses in India by 2030.”
  • The government’s agenda to reduce its greenhouse gas emissions by 45% by 2030 is a huge undertaking but also the need of the hour, considering the heavy pollution being caused by petrol and CNG fueled two-wheelers and three-wheelers on Indian roads in almost all the major cities

Why EVs are emerging as the best future option

  • Lower Running and Maintenance
    An electric vehicle for both LWV’s and commercial electric vehicle displays lower running costs than automobiles relying on fossil fuels. It has fewer moving parts resulting in low maintenance and operational costs. Electric vehicles utilize energy to charge their batteries rather than fossil fuels. Charging an LWV or electric loading vehicle is less expensive if you have a 110-watt charging compatibility. Using renewable energy sources makes the charging inexpensive.  Altigreen’s electric cargo vehicles, for instance, only draw up a maintenance cost of approximately, 0.2 paise/km as opposed to Tata Ace’s 1/km. And the running cost of the electric three-wheelers is only around .92 paise as against diesel or CNG vehicles, making for an increased earning of Rs 4/km.
  • Ideal choice for carrying cargo
    EV vehicles ensure a better vehicular average for both light weight vehicles and cargo. Altigreen's EVs can ply up to 151 km on a single charge and this has been certified by the Automotive Research Association of India (ARAI). It has the highest speed of 53 km/ hour, greatest torque and power, best ground clearance and largest volumetric capacity.
  • Continued innovation
    Electric vehicles are currently available in a wide range of designs and sizes and the  technology is expected to advance in the years to follow. This includes rapid charging- already attained by Altigreen.

How does EV impact our daily lives?

  1. Breathing fresher air.
  2. Improved roadways.
  3. Advanced vehicular technology will lead to fewer accidents, especially on highways.
  4. Reduced overall expenses will aid in uplifting the country’s economy.
  5. Scope for India to emerge as a ‘green nation’.
  6. Taxation benefits on fossil fuels.
  7. Better health standards.
Altigreen’s pollution free electric cargo vehicles meet all the above points. They are perfectly engineered, high quality eco-friendly products and vow to create an environment that is healthy and free from vehicular emission.

Though at a nascent stage, India’s EV story is one to watch out for. Thanks to increased environmental awareness and several government initiatives, we are certainly on our way to become an EV nation.  So not only are EVs a success in India, they are also peaking at the moment, setting the stage for a complete takeover in the years to come.

* Tags: Electric vehicles company in Bangalore, Electric load vehicle in India, Electric vehicles startups in Bangalore

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