Over the last few years, we have seen a tremendous increase in the usage of shared mobility services. Companies like Ola and Uber have changed the way people commute in major cities and are helping a great deal in reducing congestion on roads. Adoption of EVs by these shared mobility giants will provide India’s electrification goal an upward thrust.
On an average, we take somewhere around 30 lakh shared rides per day in India. The vehicles used in this sector today are mostly the Internal Combustion Engine (vehicles). Imagine the amount of carbon emissions these rides contribute to. Hence, it becomes imperative that we make a shift from ICE vehicles to Electric vehicles in this sector.
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One also needs to understand that the cost of running an EV is much lower than that of a petrol/ diesel vehicle. The adoption will, in turn, benefit from a travelling cost reduction perspective as well.
Considering the above factors, the adoption of EVs in the Shared mobility sector seems very much feasible in the near future. We still need to see how things pan out. But one thing is for sure – the advantages of adopting EVs in this sector far outweigh the limitations/ challenges possessed.
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