IN THE LAST THREE MONTHS, petrol prices in the national capital have averaged at around ₹100 per litre. That means for a daily commute to work of around 30 km, on an average a Delhiite has to shell out nearly ₹12,000-14,000 per month. An electric car for the same distance will cost ₹2,900 a month to run. Undoubtedly, electric vehicles (EVs) have a good case purely from the cost of running perspective yet they still make up merely 1.5 per cent of the total automotive sales. Challenges like range anxiety, high battery prices, lack of charging infrastructure, etc., continue to keep first-time EV buyers at bay. Plus, people think EVs are not really all that green since the source of electricity is still mostly fossil fuels. “It’s not correct to think that EVs are not all that clean. You’re replacing the diesel and petrol. Electricity is the new fuel and the grid is getting greener which is a good thing. Yes, for now, it’s not as green,” says Mahua Acharya, Managing Director and CEO, Convergence Energy Services Ltd (CESL).
Experts say that charging systems are beginning to become cleaner. The industry acknowledges that it’s not 100 per cent clean fuel but people like Acharya are still betting on EV adoption because of one very important reason: health of citizens gets affected by ambient air pollution as they’re breathing 3-4 times more toxic fumes on the city roads due to tailpipe emissions.
THE BIG EV PLAN
WHAT THE GOVERNMENT WANTS TO ACHIEVE OVER THE NEXT FEW YEARS
1 The power ministry in its revised ‘Charging Infrastructure for EVs’ guidelines said one charging station will be present in a grid of 3x3 km; one every 25 km on highways; a fast charge one every 100 km
Bu hikaye Business Today dergisinin February 20, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Today dergisinin February 20, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
