A Club to discuss about future of EV in India ✓
Benefits of Electric Vehicles:
Cost Effective: With advent of advance technology and dedicated R&D, both cost and maintenance of electric vehicles has gone down. Government is incentivizing the use of Electric Vehicles by providing subsidies and lower motor taxes on EVs.
Environment Friendly: Electric Vehicles are 100 percent eco-friendly. They do not emit toxic gases or smoke in the environment which leads to global warming and helps to reduce pollution.
Energy Security: As electricity is majorly produced from either renewable sources or from sources that emit no greenhouse gases thus EVs help in maintain energy security by shifting dependence from non- renewable resources to renewable resources.
Less Maintenance: Electric vehicles require less maintenance than conventional vehicles as there are fewer fluids (like oil and transmission fluid) to change and fewer moving parts.
Reduction in Noise pollution: Electric vehicles are quieter to operate than gasoline-powered vehicles, leading to reduction in noise pollution.
While the global EV market is rapidly gaining momentum towards the target set by Electric Vehicle initiative (EVI) of global deployment of 20 million electric vehicles by 2020, Electric vehicles in India are still at a nascent stage.
Yes, India is ready:
India has been manufacturing indigenously and successfully using Electric Locomotives that pull train coaches with thousands of tons of load. This has not only saved conventional fuel like coal, diesel but has also saved the environment from getting polluted further. Accordingly, manufacturing and using the electric cars is not a big hurdle.
Day | Members | Gain | % Gain |
---|---|---|---|
June 17, 2024 | 41 | +1 | +2.5% |
March 16, 2024 | 40 | 0 | 0.0% |
January 26, 2024 | 40 | +3 | +8.2% |
December 12, 2023 | 37 | 0 | 0.0% |
November 03, 2023 | 37 | 0 | 0.0% |
October 04, 2023 | 37 | 0 | 0.0% |
September 04, 2023 | 37 | 0 | 0.0% |
August 06, 2023 | 37 | 0 | 0.0% |