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5 Reasons Why Young Indians Are Buying Electric Cars?

A total of 156,000 EVs were sold in India in 2020-21, including both electric two-wheelers and four-wheelers.
TATA EV in Snow

Young Indians are increasingly buying electric cars due to several reasons. Firstly, environmental awareness has grown, leading to a desire to reduce carbon footprint. Secondly, electric cars have lower operating costs as they require less maintenance and have cheaper electricity than gasoline. Thirdly, the government offers incentives such as tax benefits and subsidies, making them more affordable. Fourthly, electric cars have advanced with better battery technology and longer ranges, becoming a practical option for daily use. Lastly, owning an electric car has become a social status symbol in urban areas, portraying being progressive, environmentally conscious, and tech-savvy.

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Electric cars offer a multitude of benefits to the environment.

Firstly, they produce zero tailpipe emissions, unlike petrol or diesel cars, which release harmful pollutants like carbon monoxide, nitrogen oxides, and particulate matter into the air.

Secondly, even though electric cars require electricity to run, if the electricity comes from renewable sources like solar or wind power, their carbon footprint can be significantly lower than that of a petrol or diesel car.

Thirdly, electric cars are much quieter, which reduces noise pollution, especially in urban areas where noise pollution can have a significant impact on people’s health and well-being.

Lastly, electric cars are more energy-efficient, converting a higher percentage of the energy stored in their batteries into motion, thereby reducing overall energy consumption and greenhouse gas emissions.

Overall, electric cars have the potential to significantly reduce the environmental impact of transportation.

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5 Reasons Why Young Indians Are Buying Electric Cars?

There are several reasons why young Indians are increasingly buying electric cars. Here are some of the key factors:

  1. Environmental awareness: With growing concerns about climate change and air pollution, young Indians are becoming more environmentally conscious and are seeking ways to reduce their carbon footprint. Electric cars produce zero emissions, making them an attractive option for those who want to reduce their impact on the environment.

  2. Lower operating costs: Electric cars have lower operating costs compared to traditional gasoline-powered cars. They require less maintenance, and the cost of electricity is typically lower than the cost of gasoline. This makes them an affordable option for young people who are budget-conscious.

  3. Government incentives: The Indian government has implemented several incentives and subsidies to promote the adoption of electric cars, such as tax benefits and financial incentives for purchasing electric vehicles. These incentives make electric cars more accessible and affordable for young people.

  4. Technological advancements: Electric cars are becoming more advanced and sophisticated, with improved battery technology and longer ranges. This makes them a more practical option for daily use, as young people can drive longer distances without worrying about running out of charge.

  5. Social status: Owning an electric car has become a status symbol among young people, especially in urban areas. It is seen as a symbol of being progressive, environmentally conscious, and tech-savvy.

Overall, the combination of environmental concerns, lower operating costs, government incentives, technological advancements, and social status has made electric cars an attractive option for young Indians.

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The Indian government is also taking steps to promote the adoption of electric cars by providing incentives and building charging infrastructure.

As more manufacturers enter the Indian market and begin producing electric cars locally, the cost is likely to decrease due to economies of scale.

In the long run, electric cars are expected to become more affordable and accessible to the Indian consumer, and this will help to reduce the environmental impact of transportation in the country.

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In India, there will be 25 electric automobiles on the road by 2023. The BMW i7, Tata Tigor EV, Mercedes-Benz EQB, Hyundai Ioniq 5, and BYD Atto 3 are well-known electric vehicles.

The least expensive electric automobile in India is the Hyundai Ioniq 5. Hyundai Ioniq 5’s starting on-road price in Delhi is 44.95 Lakh, and it can seat 5 people. The Hyundai Ioniq 5, whose on-road price in Delhi begins at 44.95 Lakh, is India’s most expensive electric vehicle. 

Any motor vehicle must be operated with a valid driver’s licence. Electric cars are no different. Driving a car without one is prohibited on public roads.

You do not need a driver’s licence to operate an electric two-wheeler with a top speed of up to 25 km/h and a power output of up to 250 watts, though. Students, youths, retirees, and others favour these automobiles because they don’t need to be registered.

All vehicles registered after April 1st, 2019, must have an HSRP by the rules related to the Central Motor Vehicle Rules, 1989. (High-Security Registration Plate). This registration can only be obtained from government agencies, enabling them to keep an exhaustive database of all vehicles and deter theft.

Electric vehicles are now exempt from paying costs for a registration certificate, according to the Ministry of Road Transport and Highways (MoRTH).

All EV owners should be happy about this recent move because they won’t have to pay anything to insure or renew their EVs. More electric vehicles are anticipated to be promoted in India as a result of these adjustments to registration fees.

Additionally, the government exempted owners of electric vehicles from paying road charges. As a result, owners of electric cars will undoubtedly benefit by saving money. According to studies, owning an electric vehicle can significantly save your vehicle expenses.

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Public charging is the term for outside-the-home charging, which is an essential addition to inside-the-home charging. The sole subject of this article is public charging. Interoperability between charging stations and electric vehicles produced by various automakers is made possible by the standardisation of public charging infrastructure. 

1. Bharat EV Charger AC001 for AC Charging.
2. Bharat EV Charger DC001 for DC Charging.

Note: Slow, fast, rapid, and super-quick charging can cause confusion because there is no standard definition for each category. So, according to Bharat EV standards, charging choices are categorised according to the quantifiable standard of power rating.

Yes. According to the law, every vehicle, including gasoline, diesel, compressed natural gas (CNG), and electric cars, must have at least a third-party insurance policy. Financial fines may result from not having your electric car insured under this mandated coverage. However, this plan does not protect the insured vehicle in case of damage. Therefore, it is advised to choose the Comprehensive Insurance Policy because it provides both Own Damage (OD) coverage and Third-Party Insurance Plan benefits.

Aside from factors like location, model variation, and EV age, the cost of the vehicle determines the price of all motor insurance plans. You may assess the cost of insurance for electric vehicles by using the car insurance premium calculator for more information.

According to how much electricity is used as a fuel, there are three main categories of electric vehicles (EVs): battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs).