Among numerous factors contributing to environmental degradation, fuel driven vehicles feature as the most notorious ones. Government is doing its bit by reforming norms and introducing newer ones to move towards a greener India. It is high time for us to take initiatives to enjoy a safe future. A good beginning can be by choosing electric cars over fuel driven ones. The electric car revolution arising due to pollution and population promises an extensive change in the country; though the concept of EVs is still new, accounting for a meagre 1% of the whole automotive sector. The approach by NEMPP 2020 and NITI Aayog aims to boost manufacture and use of EVs considering national energy security, vehicular pollution and ‘Make in India’ capabilities. Besides offering incentives, govt is actively ensuring implementation. It has already placed large orders with private manufacturers and with the help of EESL, will lease the cars to various govt departments. Infrastructures like charging stations are gradually coming up. Suzuki Motors and Toyota Motors are on their way to produce and sell EVs in India.
The Industry movement – HCIL is planning electric cars in line with the requirements of the Indian market, affordability, traffic and road conditions. HCIL along with Suzuki, Toyota and Hyundai are the leaders in the country’s electric car race which is also compelling other car makers to join hands. Honda with its Electric Vehicle Development Division has paved way for others by developing the whole vehicle including the body and motor. Soon, EVs are going to be the trend of the country providing green portability solution. Various companies are planning activities like imparting training for after-service experts and supplying proper remedies for end-of-life batteries.
Country’s Policy – Government is targeting to achieve maximum electric mobility by 2030, focusing on making the country an international EV producing hub. To achieve the target, it is dispensing certain benefits and subsidies to the car makers through the NITI Aayog. The second phase of FAME India policy having a total budget aid of Rs 10,000 crore will also finance 55,000 electric cars.
1. Government has declared waiving off registration charges for new Electric cars.
2. The road tax has also been decided to be waived off for electric cars.
3. Finance Minister has decided for a reduction of 5% GST on EVs. Summing up, the cost of the car will be cheaper by 6% for the consumers.
4. The govt will also provide an additional Rs 1.5 lakh tax benefit on the interest to be paid on the loan taken to buy electric vehicle.
Benefits of buying an electric car
1. Electric engine’s efficiency makes the car cost effective.
2. An Electric car uses 100% recycled energy reducing all kinds of pollution.
3. They need minimum maintenance due to the simple mechanical principle with only very few active parts.
4. An electric car’s energy efficiency makes it desirable. Electricity is not consumed when the car is immobile.
5. Going for an electric car shows your empathetic attitude towards reducing carbon footprint. Buying an electric car revokes almost 16,000 kg of CO2 in its entire life span which is same as planting 1600 trees.
6. A buyer looks for mileage and fuel economy while going for a new car and an electric car has a mobility cost of Rs 1 per km only, implying least running cost.
7. Rising fuel price in no longer bothersome. An electric car can be charged anywhere according to need and comfort.
8. Their zero-emission nature contributes to a healthier atmosphere.
9. They are comfortable to drive.
10. They provide tax benefit incentives to the self-employed.
11. They are connected cars and can be regulated by an app through a smart phone. You can know the charging status, pre-cool and operate them from the comfort of our home or office.
12. They are noise-free.
Thus, electric cars can provide the perfect solution for a sustainable universe.