As small vehicles dominate Indian roads, the two and three-wheeler segments in the country should be prioritized for electrification, suggests new research.
The total cost of ownership, which includes the direct and indirect costs of purchasing, running and maintaining a commercial vehicle over its typical lifetime of four years, is a key driver to proliferate electric vehicles on Indian roads, said the study from Ola Mobility Institute.
The total cost of ownership parity for four-wheelers is still years away, and hence other segments should be prioritized for electrification, said the findings based on insights drawn from more than 7.5 million km driven by Ola’s fleet of electric vehicles – a combination of e-rickshaws and e-cabs. Read More
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