Over 50% Indians don’t believe public infrastructure is equipped for electric vehicles

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Over 50% Indians don’t believe public infrastructure is equipped for electric vehicles

More than half of Indians don't believe that the public infrastructure is equipped for electric vehicles EVs so far, but more than half of them want to purchase an EV. Most of the respondents think India will be ready to go through infrastructurally by 2030, as stated in a report by ACKO and YouGov India.

The report states that the future of electric vehicles in India is bright. More than half, 57 per cent, want to invest in EVs because of the practical benefits, while 56 per cent want to buy an EV because it is good for the environment. However, 60 per cent do not think India's current public infrastructure is equipped to support EVs and feel that there is a great deal to be desired. Infrastructurally ready India will be ready by 2030, according to 89 per cent.

The ACKO-YouGov report surveyed from New Consumer Classification System NCCS A B households between the age groups of 28 and 40. These respondents were either owners of an EV or plan to buy one in the next 12 months.

As many as 66 per cent of respondents believe that EVs will surpass petrol and diesel cars and will be able to save money in the long run.

Around 44 per cent said that they want to invest in an EV because of the flexibility it offers, and believe that hybrid and full electric options will give them the best of both the world. Forty-seven per cent said that EVs offer a cut in cost per mile, while 56 per cent said they want to be part of the responsible change in approach.

63 per cent of EV owners stated that their choice to go for an EV is part of their effort to reduce their carbon footprint because they believe that their need to do good trumps the benefits they enjoy.

62 per cent of the respondents are concerned with increasing fuel prices, while 57 per cent are interested in the latest technology.

Safety issues that keep making headlines are the biggest deterrent because of the lack of availability of charging provisions. Forty percent of residents are concerned about the lack of charging facilities in and around residential spaces. While 40 per cent were worried about EV fires, many were concerned about the time it takes to charge an EV.

The cost of battery replacement and the frequency of changing is another concern, along with the plausibility of long-distance travel.

41 per cent of EV owners believe charging takes a lot of time, while 40 per cent are worried about the lack of charging provisions in residential complexes. Forty-three per cent believe that the driving experience is not as refined as traditional vehicles.

Animesh Das, Senior Director of Motor Underwriting at ACKO said India is the fourth largest car market in the world. He said the report aims to understand the perspective of consumers, as well as what manufacturers and intenders would like to know.

There are knowledge gaps when it comes to battery life, and how to put out EV fires. Sixty-three per cent did not know that sand is the most convenient way to put out an EV fire.

There is an urgent need to raise awareness about EVs and different aspects related to EVs, according to the report.