Transport is essential to modern living. It drives economic growth, allowing communities too connect with one another. We are innovating to help people and goods move around an ever crowded world more cleanly and efficiently.
Evolution of vehicle is as fascinating as evolution of human. From the first basic motor car to latest smart electric vehicle, world has witnessed advancement in automotive technology. Automobile industry is seeking cleaner and more efficient way of transportation.
Electric vehicle industry is blooming as it has many advantages over the preceding technologies. Let’s have a brief about potential electric vehicle scenario in India. Latest vehicle count suggests that, India has around 176 million vehicles on road with almost 75% of them are two wheelers.
The question is, why do Indians prefer two wheel vehicles?
Let’s have a glance over the lookout of consumers…….
India is the country with the rate of urbanization of 34%. Growing cities are giving rise to several issues such as traffic and pollution. Following advantages have been pointed out by the consumers during survey:
In metro cities, traffic has always been a huge problem. For travelling a short distances (such as a quick errand to a grocery store etc.) people prefer using 2 wheelers as they are easy to manoeuvre through the traffic.
Bike is cheaper than cars. And also parts and servicing is also cheaper.
Bike doesn’t need large space, can be parked into small spaces.
Bikes are easy to use.
Lower per kilometre cost.
In near future electric bikes will be the most preferred mode of commutation. Why? To understand that point, let’s go through short comings of conventional vehicle and advantages of electric vehicles.
Conventional vehicles burn fuel in Internal Combustion Engine (ICE), on the other hand; battery powered electric vehicle don’t have an engine. Instead they use energy stored in batteries to power on electric motors.
Electric vehicles cost significantly less to run and maintain than gas powered vehicles. No gas to buy, no oil changes and fewer moving parts to break or wear out.
To refuel, you simply need to plug in at home, at work or opportunity charge on the road.
The cost of the electricity required to power an electric vehicle is significantly cheaper than that of regular fuel such as petrol or diesel. Let’s take a quick look over savings have been observed if using electric bike.
Consumer Savings
In five years, Electric Vehicle has almost negligible maintenance cost, on contrary fuel vehicle has yearly maintenance cost of nearly 10000 to 15000 rs.
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