Wednesday, May 8, 2024

EV: Demand for electric vehicles will grow manifold, expected to account for 30 percent of total vehicles by 2030

Electric Vehicles: Electric vehicle (EV) manufacturers expect the demand for EVs to increase manifold in the coming times with increasing consumer awareness about eco-friendly vehicles and government support. Ahead of World Electric Vehicle Day, EV manufacturers expressed the need to offer better-performing EV vehicles to meet the growing demand and meet the needs of customers.

Currently, the proportion of electric vehicles in the total number of vehicles in the country is only one percent, but it is expected to increase to around 30 percent by 2030. Electric vehicle equipment makers and battery replacement companies are also confident in increasing EVs in the Indian transport landscape. Experts believe that a robust charging infrastructure can play an important role in increasing the use of electric vehicles in the country. Strengthening of charging infrastructure is expected to go a long way in increasing the use of electric vehicles.

KIA India
Mung-sik Son, Chief Sales Officer, Kia India said in a statement, India will see strong demand for electric vehicles in the times to come. This is a result of consumers being more aware of environmentally friendly automobiles and the government also offering fundamental assistance for the adoption of EVs.

Chief Executive Officer (CEO) of Ather Energy and co-founder Tarun Mehta
Ather Energy said the process of transition to a sustainable mode of transport led by electric two-wheelers has begun. He said that electric vehicles have emerged as the biggest hope toward making the world free from carbon pollution.

Motovolt
Tushar Choudhary, Founder, and CEO, of Motovolt, believes that electric vehicles are being viewed as a sustainable solution for transportation in major cities across the world. He also talked about the need to create alternatives like electric buses, cars, small vehicles, and two-wheelers along with trains.

Mahindra Electric Mobility
Suman Mishra, CEO, of Mahindra Electric Mobility Limited, said that his company is committed to promote zero-emission vehicles.

experts of
The Energy and Resources Institute (TERI) and the International Council for Clean Transportation (ICCT) have lauded the plan to set up 18,000 new charging stations in Delhi by 2024, saying other states also need to be proactive in this. . this direction. “Setting up a distinct EV cell to better the decision-making process and to help private enterprises build up EV-related projects,” stated IV Rao, Senior Visiting Fellow at TERI. business in electric vehicles at the urban and state level. Could prove to be an effective way to increase take rate.”

Read More: Affordable purchasing options for the Tata Harrier, Safari, Tigor, and Tiago are available at the showroom.

Amit Bhatt, Managing Director (India), ICCT India said, “Developing a robust charging infrastructure will be very important to promote EVs. The Delhi government has announced a plan to set up 18,000 new charging stations in Delhi by 2024. It is a good step in that direction. Other states also need to work on such a strategy.”

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