Consumers In India Are 54% More Worried About EV Quality Than Range: Report
According to a report released on Monday, 54% of consumers in India are still worried about EV quality while 50% of consumers in India are now open to purchasing EVs, albeit with some restrictions. EV range anxiety now seems to be a myth.
Consumers in India are not staying away from EVs because of “EV range anxiety,” “upfront expenditures,” or “limited EV charging infrastructure,” according to a report by CyberMedia Research (CMR).
Range anxiety and the lack of adequate EV (electric vehicle) charging infrastructure have long been seen as obstacles to EV adoption. Automakers have created EVs with sufficient ranges of up to 200 km or more, albeit “John Martin, an analyst for CMR’s smart mobility practise, noted this.
The overall quality of EVs is more important to the potential buyer. EV quality refers to the whole quality of internal components employed, including the battery and other parts, in addition to the outside build quality, Martin continued.
India’s EV momentum is gaining traction because to a robust government policy push, including its flagship EV programme, faster adoption and production of electric vehicles (FAME), and more automotive OEMs giving EVs top priority.
The development of public EV charging stations in India is advancing the country’s EV infrastructure. The expansion of the charging infrastructure will also be aided by cross industry collaborations in the EV ecosystem.
“E-mobility will accelerate significantly as a result of continuous governmental initiatives at the federal and state levels to improve EV infrastructure as well as upstream R&D in battery development. The goal for OEMs should be to continuously raise awareness of the value and potential of EVs.” John remarked.