Rapidly Growing Demand for Electric Commercial Vehicles in India

Rapidly Growing Demand for Electric Commercial Vehicles in India

Electric Commercial vehicles are becoming the new way of transportation. So let’s take a look at why electric vehicles are an option for the future.

We live in a world where innovations are like a new fruit on the tree. Electric Commercial Vehicles are one of those fruits. Electric vehicles have changed the face of transportation with their lower carbon emission and increased efficiency and many other specifications. These vehicles are becoming a favourite way to commute, with low maintenance cost and lower noise disturbance.  

These vehicles are becoming a favourite way to commute because of their lower noise disturbance and lower maintenance cost. Electric vehicles are striding along with conventional vehicles and becoming a substitute on which you can shift in the future for transportation. 

 Let’s find out the reasons that make them superior to petrol or diesel vehicles. And Truck Junction will provide all kinds of details related to Electric Commercial vehicles.

Demand For Electric Commercial Vehicles

We all know that conventional fuel options are not environmentally friendly. These fuels have been burning in engines for centuries, and we have seen the damage to our environment. And if we solely remain dependent on the petrol and diesel option for our transportation use. The pollution will eat the environment, and the problems will increase for us, “Either the machines can live or the human”.

The demand for commercial electric vehicles is increasing because of the zero pollution scheme, and the government has already started the green initiative by allowing the electric garbage dumping trucks and intercity electric buses. The Greenification of these public utility vehicles is a big step. It shows the mindset of the government, that they are welcoming the new age technology for the betterment of the country as well as the global sector as well. 

Electric Commercial Vehicles In India 

The Indian electric vehicle market is divided into two sectors: commercial vehicles and the second is Non-Commercial vehicles. The global electric commercial vehicle market is at 3,53,000 units in 2022, and it is expected to grow to 31,44,000 units in 2030. The Indian market in 2020 was standing at 57% commercial vehicles and 43% non-commercial vehicles. As we all know, commercial vehicles’ carbon emissions are higher compare to non-commercial vehicles, so turning that sector into electric powered is very beneficial for everyone.

Future Planning Of The Government

The problem of global warming is not for some selected countries, and it’s affecting the whole world; to solve that problem, everyone needs to come together. India is the world’s sixth-biggest economy and stands at the pedestal of one of the fastest-growing economies. Our manufacturing strength is no less than anyone in the world right now, and we have limitless options to provide everything. India has been recognized as the hub of the automotive industry globally, and several big companies are establishing units in India for electric mobility.

The Indian government had invested 14000 crores in creating the infrastructure and promoting eco-friendly electric vehicles under the scheme NEMMP(National Electric Mobility Mission Plan) in 2015. The critical points of this scheme:

  • The first phase of NEMMP started in 2015 for 2 years but, from time to time, adapted and ended in 2019.
  • The scheme was focus on four areas: Demand creation, Technology platform, Pilot project and Charging infrastructure. 
  • In the first phase, the government aimed to incentivize all vehicle segments but especially the commercial vehicles sector.

There is another scheme of the Indian government running simultaneously in the game, FAME(Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles). This is an incentive scheme for the promotion of electric and hybrid vehicles in India. The critical points of this scheme are:-

  • The FAME project was implemented with a budget of 895 crores, and the scheme promoted 2,18,625 vehicles.
  • The second phase of FAME was outlayed for 10000 Crores for 3 years from 2019 to 2022. 
  • The government provided the incentive of this scheme to the manufacturer in the form of subsidies. 

Electric Vehicle Government Subsidy

The Indian government also assists the customers. The Indian government took this step to promote the electric segment of vehicles. It’s a way to push people toward the EV segment. 

Electric Commercial Vehicle Companies

The need for Electric Commercial Vehicles is increasing worldwide, and India is also not untouched by this. The Electric Commercial Vehicles sector of India already has seen a change. All the top Commercial vehicle manufacturers of India have already started and settled up their units for this green revolution. 

All the big commercial vehicle companies have already started manufacturing Electric Commercial Vehicles, and they are running on the Indian roads. For example, Tata has launched their first electric mini Truck in their most popular brand Tata Ace; Mahindra comes up with its E-Supro cargo van and many more. 

Tata has also launched a heavy truck in the electric segment, Tata Ultra T.7, with a GVW of 7490 KG. IPLT RHINO 5536 comes from InfraPrime Logistics Technologies Pvt. LTD. It has a GVW of 55 Ton. Mahindra has also launched their electric vehicles in the LCV segment as passenger auto rickshaw and 3-wheeler pickups or mini trucks

Other companies are also planning to put their feet into this mission. Electric Vehicles are destined to be the future of transport systems in the world.

Why Electric Commercial Vehicles

The electric market is growing at a good pace, and it’s all because they do zero carbon emission, low on cost you get subsidy on them, they are low on maintenance and the profit increases every month cause you save the cost of fuel. Electric Commercial Vehicles are light in weight because you remove the heavy engine parts from them, increasing the distance they travel. You do not have to fear the theft of petrol and oil leaking from your vehicles anymore because the vehicles are free from all these things. 

If you are searching to buy a new Electric Commercial Vehicle for your business needs, Truck Junction has got you all the information and all the launched or upcoming Truck. Visit Truck Junction for more details.

FAQ’s

Que 1. Can Electric Commercial Vehicles Become a Good Substitute for Petrol or Diesel Trucks?

Ans.  As pollution and global warming become our biggest problems, we need vehicles which do not burn the fuels and do not emit the carbon dioxide. Electric Commercial  Vehicles can become a good substitute for petrol or diesel vehicles.

Que 2. Do We Get Subsidies on Electric Commercial Vehicles from the Government?

Ans. The government is promoting the sales of electric commercial vehicles and providing subsidies to the customer on the sales of Electric Commercial Vehicles.

Que 3. Do all Electric Commercial Vehicles Come with Full Plastic Bodies?

Ans. Some parts of the Electric Commercial Vehicles are made of plastic because it will make the vehicles heavy, not all the parts are made of plastic in them.

Que 4. Is The Charging Station Infrastructure Developed Across the Country?

Ans. The infrastructure of charging stations is not completely develop yet but going at a sustainable speed. 

Que 5. Do Electric Commercial Vehicles Give More Mileage Than Fuel-Type Vehicles?

Ans. Electric Commercial Vehicles have better mileage because the efficiency of turning input to output is way better than fuel-type vehicles.

Que 6.  Do Electric Vehicles Have a Transmission and Differential?

Ans. The electric vehicles do have a transmission system and differential gear but they are different from the conventional systems. The new system is electric and mechanical based. 

Que 7. Why are Electric Vehicles Better For The Environment?

Ans. Electric Vehicles do not have any tailpipe, and the amount of carbon emission is zero by them and because of all these things they are not harming the environment. 

Que 8. What are the Drawbacks of Buying an Electric Commercial Vehicle?

Ans. Electric Commercial Vehicles are charging base vehicles and can go a limited distance in one charge,  you can not go as long as you want because there is no charging infrastructure available. 

Que 9. Do Electric Vehicles Have Gears?

Ans. Electric Vehicles do not have gears, these vehicles are design with a single-speed motor. They do not need any gearbox or transmission system, they only have a single gear which is a drive and a reverse gear.