Why is everyone so excited about EV?
We live in times when customers are looking for eco-friendly alternatives. Our cars are no exception to this shift in trend. Across the world, automakers are responding to this change; they are now all set to launch a host of new electric models and electric versions of existing models for the Indian market.
One reason that electric vehicles are now in vogue is thanks to the rising cost of fuel. The same price paid for a full tank not so long ago may now get you a little more than half tank. This has contributed to the demand for EVs with car buyers considering it as a good alternative.
The ever-increasing sales figures of existing EVs in the market allude to this fact. The Tata Nexon, for example, saw a sharp rise in sales in November 2020 – a whopping 75%, crossing the 2500 mark in December 2020. MG Motor too saw a 33% sales growth with the MG ZS EV, in the same month.
Why is everyone so excited about EV?
In response to the market’s demand and expectations, auto manufacturers are working to offer models across a range of vehicle types and budgets. Electric vehicles on offer do already seem to replicate the experience – of their fuel-powered counterparts.
Mahindra is expected to launch the e-KUV in June 2021, while the second half of 2021, will also see launch of the Nissan Leaf. It’s not only the mid-segment vehicles that will see a move towards electric technology. In the luxury segment, Mercedes-Benz launched its first electric vehicle in India in October 2020. The company feels that EVs are here to stay and is positive about the growth of the EV industry in India. March 2021 also saw the launch of the I – Pace, the SUV by Jaguar. Not wanting to be left behind, the Porsche Taycan and the Audi e-tron will also make it to Indian roads towards the end of 2021.
With the extent of research and development that has gone into this technology, the future of electric looks supercharged.
We are at the cusp of – of an electric vehicle boom with a series of launches lined up in India and across the world. So, as a customer, you can expect a seamless transition to being an EV owner. Are you ready to make the switch?
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