Charging the Future: Challenges and Opportunities for Electric Vehicle in India
Future: Challenges and Opportunities for Electric Vehicle in India
A recent spate of electric scooter fires has enraged both the
authorities and buyers in India. While electric cars, particularly scooters and
commercial vehicles, are swiftly becoming a healthier alternative to
conventional vehicles in India, such occurrences are damaging the image of EVs
in the country. The establishment of fast charging start-ups has resulted in
the provision of quick electric vehicle charging services at one's doorstep. What’s
on-demand fast charging and how it can help push EV penetration in India?
A nation may use established and proven methods that rich countries have
·Implement EV-friendly policies and legislation.
·Develop infrastructure to support and assist the increasing EV industry,
and leverage this developing market to increase the pace of energy generation.
·Encourage EV manufacturers to finance a variety of goods in order to
expand their consumer base.
·Introduce a variety of alternatives or EVs to the market and foster
healthy competition. As a result, buyers will have a variety of EV alternatives
to select from.
·Take advantage of the falling cost of EV technology to further reduce
the operating costs of EVs.
·Finally, invest in creating a user-friendly infrastructure, programs,
and rules to guarantee that new consumers eventually gravitate toward EVs.
New rate designs,
better smart metering and charging equipment technologies, and a charging
infrastructure that is convenient and price competitive will need to be
developed and implemented. These are difficult but achievable tasks.