Electric vehicles No expensive petrol, no pollution, electric car market will grow so much in eight years No expensive petrol, no pollution, electric car market will grow so much in eight years ThePipaNews

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Electric vehicles The number of EVs in the country continues to grow. Currently, these cars are seen in some cities. The number of EV bikes has increased a lot. But the four-wheeler has not moved yet. But this picture will change in the next eight years.

Electric vehicles  No expensive petrol, no pollution, the electric car market will grow so much in eight years

Booming EV soon

Image Credit Source: Social Media

Electric vehicles EV cars in the country now (Electric Vehicles)The number is going to increase gradually. Currently, these cars are seen in some cities. The number of EV bikes has increased a lot. But the four-wheeler has not moved yet. But this picture will change in the next eight years. The era of electric cars is coming in the country. on crude oil (crude oil) The government has tightened its belt to ease the burden. India’s vast wealth is being wasted. The government wants to save this currency. Petrol-diesel price (Petrol-Diesel Prices) Day after day Nirvik is going out. It also adversely affects the entire market. So in the economy as a whole (economy) Electric vehicles will replace petrol-diesel cars in the future due to government incentives to develop the electric vehicle industry to reduce fuel impact.

Number more than 10 lakhs

According to a report, the number of EVs in the country in March 2022 was around 1 million. It has increased significantly in the last six months. Incidents of EV fires have also increased to a large extent in the country. So the most concern in the market is about two-wheelers. The government has ordered all these investigations. But his report is still not available. However, this did not have the desired effect on sales. Manufacturers have admitted mistakes and promised necessary changes. Also the battery issue will be resolved soon. So this market may get a big support in coming days.

5 crore vehicles on the road soon

In 2030, around 5 crore electric vehicles will be on the road, the report revealed. That is, the number of vehicles will increase several times in the next 8 years. Currently there are 1700 public charging stations in the country. This number is very alarming. The government is encouraging it to increase. After the expansion of this station, motorists will not have to wait for a long time for charging.

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This industry will grow exponentially

The charging business is going to grow in the country. By 2025, the two-wheeler sector will grow by 15 to 20 percent. So by 2030, there is a high possibility of 50 to 60 percent growth. So this business will be favorable for four wheelers. It is likely to rise to 8 to 10 percent by 2025 and 35 to 40 percent by 2030.

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