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E-Vehicles Future


With petrol and diesel prices reaching heights in India and Global Warming being an immediate danger to our planet, will EVs be the next big thing in innovation in a bid to save our world?
The 100th Tesla Roadster was delivered in December 2008. Since then, we have come a long way. By March 2014, about 1% of the total cars on road in Norway were plug-ins. Scandinavian countries have shown us that over time people can adapt to electric vehicles and use them for day to day commute. In 2019, over half of the new cars sold in Norway were electric. Iceland had 22.6%, Netherlands 15.1 %, and Sweden 11.4 %. Tesla Model 3 was the best selling car in Norway in 2019. Slowly but surely, the world has to turn towards Electric Vehicles for the sake of the greater good. 
Even large markets like the US, UK and France had over 2% share of total car sales for EVs. Today, the most impressive EV maker seems to be Tesla. The company’s first car, the Tesla Roadster, was introduced in 2008 to showcase the capabilities of an all-electric car. The most affordable Tesla, the Model 3, was unveiled in 2017 and is currently in high demand, with a waiting period of around 12 months. Apart from Tesla, the largest EV manufacturers are BMW, Audi, Renault, Porsche and Chinese BAIC. 
BMW lineup of Electric Vehicles which includes I3 and I8, Audi has the highly popular e-Tron and Porsche has the Taycan. These cars, however are costly, if compared to the Indian market, where everyone is comfortable with running a Maruti Suzuki, whose cars consume less petrol per KM than a Harley or BMW Motorbike. What is promising is the Renault Zoe, which is a small budget EV. The Zoe EV has a range of up to 400 km according to the WLTP cycle. This car is expected to have a price acceptable for the Indian market. Already in the Indian market, Tata has the Nexon and Tigor EV, but long term endurance of the vehicles is not proven yet. Similar is for the Hyundai Kona Electric and Mahindra E-Verito.
Indian government has reduced GST rate on EVs from 12% to 5% in the Union Budget 2019 to encourage electric vehicles. The EVs in India are exempted from paying road tax for vehicle registration. With such incentives, and probable entry of Renault Zoe and Tesla Model 3, common Indians might get inclined towards buying EVs for day to day use.

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