What Are the Advantages of Owning an Electric Vehicle (EV) in India?

The immense focus on Electric Vehicles (EVs) by the Indian government has led to EVs gaining popularity in India.

Electric Vehicles offer lower running costs. But that is not all of the benefits of electric vehicles.

In this post, we will understand the electric vehicles advantages in India. We will decipher the benefits of electric vehicles from a cost perspective. We will also figure out how they are environmentally friendly and future-proof, which might impact car insurance positively.

Benefits of EVs in India

Let us discuss the advantages of EVs in detail:

Low Cost Usage

• One of the primary advantages of electric cars in India is the significantly lower cost of usage compared to internal combustion engine (ICE) vehicles.
• As EVs have no need for petrol or diesel, you can save on fuel expenses.
• The cost of charging an EV is also lower.
• With the government’s focus on renewable energy sources like solar power, further cost reduction is possible.

Affordable Maintenance

• Electric vehicles are simpler in design. They have lesser moving parts as compared to ICE vehicles.
• Lower moving parts result in lesser maintenance costs over the EV’s lifetime.
• With fewer components subject to wear and tear, EV owners can expect

• • reduced servicing expenses, and
  • longer-lasting components

Tax and Financial Perks

• The Government of India is actively promoting the adoption of EVs. These efforts include policies like:

• • FAME-II
  • PLI Scheme
  • Battery Swapping Policy
  • Special Electric Mobility Zone
  • Tax Reduction on EVs

• This has resulted in benefits like

• • Reduced registration fees
  • Lower road taxes on EV purchases

Improved Performance

• The stereotype of EVs being sluggish and impractical is a thing of the past.
• Modern electric vehicles get designed for performance.
• EVs have lighter weight. Instant torque from the electric motor result in impressive acceleration. This leads to an impressive driving experience, rivalling any ICE-powered vehicle.

Zero Tailpipe Emissions

• Among the most notable advantages of EVs is their contribution to reducing air pollution.
• Electric vehicles produce zero tailpipe emissions.
• If coupled with the use of renewable energy sources, EVs become a crucial tool in achieving India’s INDC targets under the Paris Agreement.

Convenient to Drive

• EVs offer straightforward controls and have fewer moving parts. This results in a more comfortable and hassle-free driving experience.
• The absence of engine noise and vibrations makes them quieter. It contributes to a more peaceful driving environment for both the occupants and the surroundings.

Easy to Charge at Home

• Charging an EV is simple and convenient. This is especially true if you have access to a home charging station.
• With at-home charging stations, you won’t have to visit fuel stations.
• The advancement in charging technology has made it quicker and more efficient to recharge EVs. Further advancements in technologies will further improve this experience.

No Pollution Since No Emissions

• EVs produce no tailpipe emissions. This is notable as vehicle emissions are a significant contributor to air pollution.
• EVs reduce local air pollution. Consequently, they also help in mitigating the global climate crisis.

Spacious and Comfortable

• Electric vehicles do not have bulky ICE engines. This allows EV manufacturers to design more spacious and comfortable interiors.
• Consequently, electric vehicles offer increased cabin room and additional storage spaces. This leads to significant comfort for passengers.

Sustainable Alternatives

• Recently we have witnessed a global shift towards sustainability. This involves a focus on reducing dependence on fossil fuels. EVs represent a sustainable alternative.
• As India moves towards electric mobility, owning an EV becomes a future-proof choice.

Conclusion

The electric vehicles advantages in India go beyond just cost savings. From lower running costs to environmental benefits and government incentives, the benefits of electric vehicles offer a compelling alternative for car buyers in India. This should also impact car insurance positively. As technology improves and charging infrastructure expands, the benefits of electric cars are poised to revolutionise the automotive industry in India. So, it’s time to embrace electric mobility and contribute to a cleaner and better India.