DECEMBERASIA BUSINESS OUTLOOK9ELECTRIC VEHICLES: IS INDIA A COLOSSAL MARKET FOR DEPLOYMENT?IMPRESSIONSEVs first came into existence in the mid-19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engines were the dominant propulsion method for cars and trucks for about 100 years, but electric power remained commonplace in other vehicle types, such as trains and smaller vehicles of all types. Electric vehicles are either partially or fully powered on electric power with a very low maintenance cost. They have less moving parts for maintaining and also very environmentally friendly as they use little or no fossil fuels.Energy EfficiencyThe major benefit of electric cars is the contribution that they can make towards improving air quality in towns and cities. With no tailpipe, pure electric cars produce no carbon dioxide emissions while driving. This reduces air pollution considerably as well as due to being fully electric it lacks noisy combustion engines, which are often virtually silent at a standstill, EVs must make a sound of at least 40 dB, about the volume of a refrigerator softly humming.EVs can go beyond the above mentioned technology based classification, and can be classified on the basis of their attributes such as charging time, driving range, and the maximum load it can carry. Of these attributes, the two most important characteristics of an electric vehicle of concern to the consumer are the fear that the battery will run out of charge before reaching their destination, which is also known as `range anxiety', fear of too few charging stations and initial higher upfront vehicle costs. One big reason was also found out that charging EVs is slow. While drivers today are accustomed to filling their gas tank in less than five minutes, EVs, depending on the size and specifications of the battery, typically take at least 30 minutes to get 80 percent charged at the fastest charging stations out there. E- mobility is the latest innovation in the field of technology and the market is very high right now as the petrol and diesel prices are at boom nowadays.
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