Companies like maruthi Suzuki did not enter the EV segment and has been concentrating on hybrid cars(petrol and cng). The mileage on CNG cars is around 25-30 where usual petrol cars give 15-20 mileage.
I have read concerns on adoption of EV due to lack of charging infrastructure, less range after full charge, battery replacement concerns and subsidies removed for manufacturing of EV vehicles.
My question is what is government's effort to setup the charging infrastructure? How will the passenger vehicle segment play out to changing consumer preferences with respect to hybrid cars, EVs and hydrogen powered cars in the near future?
Indigo & Tata Motors both are market leaders in their segments. Though a weeker revenue in last quarter this companies has bright look forward. Tata is a big name there EV cars is doing really well in the market, which will help them to capture PV segment and might EVs could be turnaround story for them for PV segment.
Companies like maruthi Suzuki did not enter the EV segment and has been concentrating on hybrid cars(petrol and cng). The mileage on CNG cars is around 25-30 where usual petrol cars give 15-20 mileage.
I have read concerns on adoption of EV due to lack of charging infrastructure, less range after full charge, battery replacement concerns and subsidies removed for manufacturing of EV vehicles.
My question is what is government's effort to setup the charging infrastructure? How will the passenger vehicle segment play out to changing consumer preferences with respect to hybrid cars, EVs and hydrogen powered cars in the near future?
The govt has been trying to incentivize this through FAME and PM E-Drive schemes but there's still a long way to go
https://pmedrive.heavyindustries.gov.in/#:~:text=Charging%20infra,-%C3%97&text=The%20scheme%20envisages%20to%20install,boost%20confidence%20among%20EV%20users.
Indigo & Tata Motors both are market leaders in their segments. Though a weeker revenue in last quarter this companies has bright look forward. Tata is a big name there EV cars is doing really well in the market, which will help them to capture PV segment and might EVs could be turnaround story for them for PV segment.