–than –expected rise in global temperatures and climate change quickly shaping up to become the world’s greatest threats, the automotive industry has been called out for a swift reduction in carbon emissions. Since electric vehicles (EVs) provide a gateway to a sustainable future, there have been deliberations the world over, and in India, for mandating a timeframe for the shift to pure electric mobility. But is the strategy holistic enough to factor in limitations of the industry and needs of the consumers? We take a closer look.
- Changing customer expectations, not legislation, to primarily fuel EV demand
- Battery prices falling to $95/kWh to make EVs more attainable
- Commercial vehicles better suited for electrification than private vehicles
Darwinian approach will accelerate EV adoption
Expressing his thoughts on electrification at the…