Tuesday, January 31, 2023

Electric vehicles face a moment of reckoning in India ⭐

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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...

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