The year 2021 is nearing the end. This whole year has not been good for petrol-diesel engines. Auto companies have suffered huge losses due to the chip crisis. At the same time, it has been a good year for electric vehicles and its associated market.
After Corona, there was a big decline of 26 percent in the sale of electric vehicles in the year 2020. At the same time, the market size of Indian EVs has doubled between January and November. There has been a lot of movement in the market of electric vehicles in this whole year. Vehicle experts say that the new year i.e. 2022 is going to be the name of electric vehicles in India. Electric vehicles will be seen plying on Indian roads.
Threat in Dohpia market too
Two wheelers are dominating the Indian auto market. Before 2029, the ratio of two-wheeler sales to cars was 6:1. At the same time, the share of electric bikes in two-wheelers was 12:1. At the same time, by November 2021, there was a jump of 4.6 percent in the sales of two-wheelers and a total of 126,813 units were sold. This big change has happened due to the big increase in the price of common petrol and the availability of electric bikes in the market. Many startups are making electric bikes.
The cost of the battery decreased due to the reduction in the cost
One of the reasons behind the increasing demand for electric bikes is that the cost of running it is much less than the petrol engine. Along with this, the price has also come down due to the reduction in the cost of the battery. More and more people are buying this. Rising pollution has also played a big role in increasing the demand for electric bikes.
Strong confidence in infra
Confidence building also has a big role in increasing the sales of electric vehicles. The government is giving full emphasis on setting up the necessary infra i.e. charging stations for electric vehicles. In this, partnerships and other initiatives are also being taken with big companies. This has also increased the confidence of people and they are buying electric vehicles.