Why Electric Vehicles is not attracting market share in India?
Majority of the people in India, do not know the fact that Europe has 90+% electric vehicle and they have reduce their petrol demand, they are not depend upon gulf countries or any oil supplier.
I thought why India is not doing the same, did research and found :
Entire vehicle and equipment can not be import due to transportation charges, so definitely need manufacturing units in India, Due to Cost of Li-ion battery is around $250–350 per KWh in India wheareas for Tesla it is around $150 per KWh, if one also take into account PPP adjustment for India and US, it will be like paying $800–900 per KWh, for US citizens to feel the same heat as Indians do when later opt for an EV. At this cost EV will not take off anywhere in world. So, first and foremost step is to reduce cost of Li-ion to make it palatable solution. In India, price differential of more than 4 lakhs for same performance IC and EV version doesn't make an economic sense.
Government should take action against it and should try to work on it, this will be major step, also set a complete plan including charging station and energy ditribution.
We have to raise this demand to government to work on it.
friends, I am waiting for your suggestions, if you have, please write me at [email protected]
Helping companies build Remote Teams, minus the office coffee drama!
5 年There are a lot other factors as well. This wont be any general production, plant,market. This needs to planned for example ,you need to set up charging stations as we have fuel stations now.