According to the CyberMedia Research (CMR) report, consumers are not shying away from EVs because of “fear of EV range” or “up-start costs” or “limited EV charging infrastructure.”
“Since a long, limited charging infrastructure for electric cars and fear of range are considered barriers to electric vehicle adoption, automotive OEMs have already designed electric vehicles with sufficient range of up to 200 km or more,” says John Martin, analyst, smart mobility practice. , CMR.
“The potential consumer of EVs is more concerned about overall EV quality. EV quality doesn’t just include the external build quality, but refers to the overall quality of the internal components used — including the battery and others,” added Martin ready.
With a strong government policy, including the flagship EV scheme, faster adoption and production of
India’s EV charging infrastructure is accelerating and more public EV charging stations are coming.
In addition, cross-sectoral collaborations in the EV ecosystem will also contribute to the upgrading of the charging infrastructure.
“Driven by continued central and state-level policy impetus for EV infrastructure development, along with upstream R&D in battery development, will drive a significant upswing in ramping up e-mobility. For OEMs, the focus should be on ongoing awareness-raising around the quality and potential of EVs,” John noted.
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