E-Mobility is the future of Transportation when you consider the entire energy chain, only electricity offers efficiency advantages and – as long as it comes from renewable sources – a significant reduction of CO2-emissions. Yes, there is a long way to go but we can achieve it.
The transition to electric mobility is a process that will not happen overnight. Electric vehicles have advantages in terms of energy efficiency but initially they are also more expensive than vehicles with combustion engines. Therefore a sensible first step to establishing electric mobility on our streets is to support pioneering projects that focus on vehicle fleets. That is where the lower operating costs can largely compensate the higher initial investment even today. The more that the advantages of electric vehicles become apparent in these areas, the more their acceptance will grow among consumers as well.
India has already made a big push towards electric Vehicles. Air Pollution, Climate Change, Oil imports, all have one answer. Move to cleaner and cleaner means of power generation. Transportation contributes to 15% of Global Gas emissions.
The government is also planning to offer incentives for manufacturing electric vehicles and batteries to boost economic growth and encourage local manufacturing under its Make in India initiative.