Home / Car Insurance / Articles / Advantages of Electric Vehicles (EVs) in India

Advantages of Electric Vehicles (EVs) in India

Team AckoJan 17, 2024

The fact that the running cost of Electric Vehicles (EVs) is cheaper compared to that of four-wheelers featuring an Internal Combustion Engine (ICE) has led to an increase in electric cars in India. But, is it only the running cost benefit or do EVs offer more? Read on to find out the advantages of electric vehicles over their fuel-powered counterparts.

Contents

10 benefits of EVs in India
Frequently asked questions

10 benefits of EVs in India

Here are the advantages of electric vehicles in India.

1. Lower running costs

Since you are not paying for petrol or diesel to keep your EV running, you save a lot of money on fuel. The cost to charge an electric vehicle compared to the price of petrol or diesel is substantially low. You can reduce the electricity cost further by utilising renewable energy sources such as solar.

2. Low maintenance costs

Petrol or diesel-powered vehicles require regular maintenance since they have multiple moving parts. That’s not the case with electric vehicles since they have comparatively lesser moving parts. This means that your electric car is likely to have lower maintenance costs in the long run.

3. Tax and financial benefits

With India embracing the inclusion of EVs, the government offers several policies and incentives to encourage the usage of such vehicles. For instance, the registration fees and road tax on purchasing EVs are lesser than ICE vehicles.

4. Better performance

In the past, EVs were seen as impractical. However, that has changed over the years, with manufacturers offering well-designed and good-looking EVs. Even the performance of EVs has changed for the better. Electric Vehicles are lighter in weight, and their acceleration is impeccable compared to fuel-powered vehicles.

5. Zero tailpipe emissions

EVs emit zero tailpipe emissions, helping reduce the carbon footprint. You can further reduce your carbon footprint by utilising renewable energy to charge your EV.

Also, read: Electric Car Insurance

6. Easy to drive and quiet

With lesser moving parts and uncomplicated controls, EVs are easy to drive. Also, you can plug such a vehicle into a public or home charging station when you want to charge it. They are also quiet, thereby reducing the sound levels that fuel-powered vehicles generate.

7. Convenience of charging at home

There is no need to find the nearest petrol station to fill fuel. Charge your EV at home and get moving. With new-age charging technology, you can charge an EV quickly or even take advantage of battery swapping services to keep driving without worrying about the availability of conventional fuel.

8. No fuel, no emissions

One of the most significant advantages of EVs is their impact on our environment. Pure EVs have zero tailpipe emissions, which reduces air pollution. Since the electric motor of the EV operates on a closed circuit, it does not emit any harmful gases. Pure electric cars do not require petrol or diesel, which is excellent for the environment.

9. Spacious cabin and more storage

With less moving parts, electric vehicles offer the opportunity to convert these spaces into storage and offer larger cabin room. You can also find storage spaces under the hood since the conventional ICE is no more there. EV motors and batteries do not take a lot of space compared to fuel-powered vehicles.

10. They are future proof

With several countries pledging to gradually reduce their dependence on petrol and diesel (fossil fuels), EVs are considered a sustainable alternative.

Frequently asked questions

Do EVs require maintenance and regular service?

While the condition of the EV depends on the driving patterns and weather conditions, they require less maintenance than petrol or diesel vehicles. This is because EV's motor, battery and electronics need less or no regular maintenance. There is no need for fluids that require frequent replacement, such as engine or gearbox oil.

Which insurance cover should I consider for an electric vehicle?

Similar to ICE vehicles, EVs too can get damaged due to accidents, fire, and natural and manmade calamities. Car theft is also on the cards. In such situations, it is vital that you have car insurance to cover such losses. Opt for Comprehensive Insurance for your electric car for broad coverage since it covers the Own Damage component and third-party liabilities.

Are electric cars more expensive than fuel-powered cars?

Currently, electric cars are expensive compared to fuel-powered cars. However, with the evolution of EV technology, the cost of electric vehicles is expected to decline and they are poised to become more affordable.

What is the battery life of electric cars?

Currently, the warranty on most electric car battery packs is 6 to 8 years; however, the battery life is expected to be around 10 to 20 years.

How long will it take to charge an electric car battery?

The charging duration of an electric car depends on the battery capacity and the speed of the charging point. Typically, a 60kW battery pack may take 8 hours to charge using a 7kW charging point.

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on industry experience and several secondary sources on the internet; and is subject to changes. Please go through the applicable policy wordings for updated ACKO-centric content and before making any insurance-related decisions.

Explore More: