#EV trends

[techdriveplay]

What Are the Best Electric Cars with the Longest Range?

Electric vehicles (EVs) have rapidly evolved, offering impressive range capabilities that rival traditional petrol-powered cars. For many potential buyers, the question, “What are the best electric cars with the longest range?” has become a central concern. A vehicle’s range can make the difference between a smooth, stress-free journey and frequent stops at charging stations. This article delves…

[martin-cambell]

A Glimpse into Budget 2024: What Will Be the Future of EV in India?

As India’s electric vehicle (EV) industry surges forward towards a cleaner and more sustainable future, the anticipation surrounding Budget 2024 is palpable. Industry stakeholders eagerly await announcements that could steer the trajectory of EV development and adoption in the country. In this blog, we delve into key developments, expectations, and the strategic roadmap for India’s burgeoning EV landscape.

2024 EV Trends – Future of EV in India

The electric vehicle industry in India witnessed a monumental milestone in 2023, with sales soaring to 1.5 million units, marking a robust 46% year-on-year growth. This surge not only underscores a burgeoning market but also sets the stage for discussions on the future of EV in India.

Budget 2024 Expectations – FAME and GST

As the Budget date approaches, industry insiders are hopeful for a reduction in the goods and services tax (GST) rate on EV components and an extension of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) subsidy scheme. The FAME 2 scheme, initiated in 2019, aimed to bolster the adoption of electric two-wheelers, three-wheelers, passenger cars, and buses. The question now looms: how will Budget 2024 shape the continued evolution of the EV landscape in India?

Industry Voices and Vision for the Future

Amid these expectations, industry leaders share their perspectives. Naveen Munjal, founder of Hero Electric, emphasizes the necessity for long-term policy measures promoting EV adoption, including reduced GST rates and FAME-II subsidy extensions. Pratik Kamdar, CEO & Co-Founder of Neuron Energy, echoes this sentiment, advocating for lower tax rates to enhance EV affordability. These voices underscore the crucial role of government support in shaping the future of EV in India.

Infrastructure Development

The vision for the future of EV in India extends beyond policy changes. Lalit Singh, CEO of TelioEV, highlights the importance of robust EV charging infrastructure, particularly in Tier II and Tier III cities, emphasizing the interplay between infrastructure development and EV's future in India.

Industry Expectations and Transformative Changes

Industry players like Akihiro Ueda, CEO of Terra Motors, and Nehal Gupta, Founder of AMU, express their expectations for the Budget, viewing it as more than just a financial statement. Akihiro Ueda hopes for initiatives boosting manufacturing and infrastructure development, while Nehal Gupta anticipates transformative changes in the insurance sector and sees opportunities in subsidies, tax benefits, and innovative financing solutions for EVs.

Government Incentives and Policies Driving EV Adoption

The future of EV in India is intricately linked to government incentives and policies. The continuation of incentives for both manufacturers and consumers, coupled with expected developments in increased support and infrastructure, will play a pivotal role in encouraging a wider transition to electric vehicles.

Expected Developments & Increased Support

Key points to watch out for include increased government support through boosted subsidies for EV manufacturers, aligning with the vision of making EVs more affordable. Additionally, a strategic plan for infrastructure development, including subsidies for charging stations and advancements in fast-charging technology, will instill confidence among potential EV buyers.

Conclusion

As Budget 2024 unfolds, it promises to unveil the future of EV in India. The intertwined elements of policy support, infrastructure development, and transformative industry changes set the stage for a sustainable and eco-friendly era of transportation. With each announcement, India takes a step closer to redefining its automotive landscape, bringing the future of EV into sharper focus. The journey towards cleaner mobility is not merely a fiscal matter but a visionary stride towards a greener tomorrow.

Also Read 

Discover Best Electric Cars Under 10 Lakhs In 2024

[jimmysrinet]

Top 10 Electric Vehicle Influencers in India: A Green Revolution's Driving Force

This article explores the Top 10 Electric Vehicle Influencers in India: A Green Revolution’s Driving Force. In recent years, India has been making significant strides in adopting electric vehicles (EVs) as a sustainable and environmentally friendly mode of transportation. This transition has been aided by a group of passionate individuals who have taken it upon themselves to educate, promote,…

[ladyluscinia]

Ryan Reynolds having staff hype up his new tumblr account to users and then realizing that a shitty CW show that ended almost two years ago is trending over him in anticipation of the 5th

[iinajar]

[bright-and-burning]

my hot take: i think they should institute a minimum paint usage so they stop de-cuntifying the cars to reduce weight

[terakabil]

"ANA DE ARMAS " as EVE MACARRO

From the World of John Wick: Ballerina (2025), dir. Len Wiseman.

[toyastales]

Salvatore Ferragamo Patent Leather Scale Dress

[shima-draws]

Happy New Year to me, I have Covid :)))))

[techdriveplay]

What is the Average EV Range in 2024?

Electric vehicles (EVs) have seen remarkable advancements over the past few years, making them more viable for everyday use. As of 2024, the average EV range has become a critical factor for consumers considering the shift from traditional combustion engines to electric power. In 2024, the average EV range is approximately 300 miles (483 kilometers) on a single charge. This is a significant…

[evebestthinker]

My Roman Empire: Eve Best as Cleopatra

[finnslay]

Halloween is trending om Christmas

I fucking love Tumblr

[brightmalcolm]

Barbie is everything.

[template]

[ladyluscinia]

It begins

[gearsofmetal]

ECLIPSED.

[toyastales]

SCHIAPARELLI READY-TO-WEAR FORMALWEAR