In major metropolitan and cosmopolitan cities worldwide, the realization of the hazards posed by global warming and rising pollution levels has prompted governments to seek alternative solutions for fossil and crude energy. The deteriorating air quality, primarily due to high pollution levels, has driven a global shift towards sustainable transportation methods.
Evolution of Electric Vehicles: Electric vehicles (EVs) made their debut in the late 19th century during the Second Industrial Revolution, initially offering advantages such as quietness, comfort, and ease of operation compared to traditional gasoline cars. However, range anxiety, stemming from limited battery technology, hindered mass adoption throughout the 20th century. Internal combustion engines dominated the automotive industry for approximately a century.
Global Transition to Electric Vehicles: In 1990, Norway led the way by introducing a fleet of electric vehicles, setting an example for other countries. The market for EVs began to grow in the 2010s, fueled by increasing public interest, awareness, and structural incentives. The COVID-19 pandemic further accelerated the shift, as lockdowns reduced greenhouse gas emissions from gasoline and diesel vehicles.
India’s Commitment to Electric Mobility: India, in alignment with global efforts, has announced significant incentives in the 2024 budget to encourage the use of renewable energy in manufacturing and households. The electric vehicle market in India is projected to experience exponential growth, from $3.21 billion in 2022 to an estimated $113.99 billion by 2029, at a remarkable CAGR of 66.52%.
Key Players and Electric Vehicles on Indian Roads: The Indian electric vehicle market boasts a variety of options, including:
- Tata Tigor EV
- Tata Nexon EV
- Mahindra eVerito
- Hyundai Kona Electric
- MG ZS EV
- Mercedes-Benz EQC
- Audi e-tron SUV and Sportback
Future Vision: Connected, Autonomous, Shared, and Electric Mobility (CASE): Electric road vehicles encompass not only passenger cars but also buses, trucks, and personal transporters like buggies, tricycles, bicycles, motorcycles, scooters, and shared mobility. This integrated approach forms a future vision known as Connected, Autonomous, Shared, and Electric (CASE) mobility.
Conclusion: As the world acknowledges the environmental challenges posed by traditional transportation, the electric vehicle revolution is gaining momentum. Governments, industries, and individuals are collectively driving towards a more sustainable and eco-friendly future, making electric mobility a cornerstone of the global transportation landscape.