Study Predicts 1 Lakh Electric Car Sales In India

Reva NXR
Electric cars remain very rare on Indian roads. We can hardly see electric cars in places other than cities. The REVAi is the only electric car being sold in India. A recent study by Deloitte Touche Tohmatsu Ltd has estimated that there is a potential market for one lakh electric cars in India.

The report indicates at least four per cent of cars sold in India per year can be electric cars. Electric cars have not been able to perform on par with their potential due to various reasons. Indian car buyers do not want to pay the additional cost premium of an electric car. As long as petrol prices do not touch the Rs.85 mark, Indian buyers will not even consider electric cars. It is the semi conscious buyers who have been buying such cars.

The study by Deloitte Touche Tohmatsu has also revealed that Indian buyers wanted the charge time for an electric car to be less than two hours. They also prefer to charge their cars at home and want the electric car's range to be a minimum 320 kilometres.

We had earlier reported that Reva would soon launch the NXR electric car. Major carmakers in Europe, Japan and the USA are developing electric cars. All the electric cars developed so far either suffer from low speeds or low range. If new innovations in battery technology see the light of the day we might be able to see more and more electric cars.

Article Published On: Wednesday, August 17, 2011, 17:37 [IST]
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