Tuesday, January 31, 2023

Electric vehicles face a moment of reckoning in India ⭐


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? Of course, an...


Please enter your comment!
Please enter your name here

Share post:


More like this

Leader-shift for a hybrid world of work

Work must be refashioned into being purposeful to start...

2023: A turning point for FinTech, RegTech and Compliance?

Compliance is an ever-increasing challenge of introducing tech into...

Fallacies of forecasting and a forecast

Economists have rather unceremoniously struggled with their forecasts. But...

2023 will be the year of Edge AI

The year 2023 will be the age of Edge...