Wednesday, September 28, 2022

Electric vehicles face a moment of reckoning in India ⭐

Date:

Electric vehicle adoption in India faces concerning factors such as quality, imports, environment and cost. Electric Vehicles (EVs) are facing a moment of reckoning in the Indian market, despite their initial successes. First, frequent instances of electric two-wheelers catching fire, have affected their reliability and raised serious questions about their safety. Second, doubts about how green electric vehicles really are, refuse to go away; thirdly, the huge import content especially in using Chinese batteries are raising issues of dependency on an enemy country for such a critical product; and finally, the total-cost-of-ownership (TOC) of electric vehicles, is still not a bullet-proof business case, to sway an individual away from an internal combustion engine (ICE) vehicle to an EV. Are electric vehicles really green?...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Intelligent automation, robotics, low & no-code technologies to battle the ‘tyranny-of-talent’ ⭐

Industrial automation and robotics have been increasingly finding their space. But, at the same time, they are facing a massive talent shortage.

The upward trajectory of electric vehicle in India boosting the production of lithium-ion batteries

How the rising demand and sales of electric vehicles in India are boosting the production of lithium-ion batteries in the country.

Metaverse spurs Augmented/Virtual Reality growth & the big shift from mobile to wearables ⭐

How is metaverse shifting the focus from mobile to wearables and spurring the growth of AR and VR?

Global IT spending & AI investment to pick up to fast-track digital transformation ⭐

Global IT spending and investment in artificial intelligence are bound to surge, and it will eventually fast-track the digital transformation.