Electric Vehicles

Electric Vehicles, a need of the hour – Indian coal companies to toe the line

On account of having the fifth largest automotive industry in the world. India stands at the verge of a massive electric vehicle revolution. And leading coal companies like, Coal India Ltd. Tata Power, Gautam Adani’s coal venture, among others have already set out with their plans for the same.

The Indian automotive industry is witnessing. A gradual shift to the use of emission free options by investing in electric mobility. Which will help in having a balanced electricity demand, environmental sustainability and energy storage. Electric vehicles (EVs) have become the need of the hour owing to the rise in pollution levels. 

Unlike the conventional vehicle types, electric vehicles are much economical and require less maintenance. With the petrol and diesel prices hiking up, battery operated vehicles have come out as a relief in maintaining economic stability. EVs is the key to reduce carbon emissions, hence enabling a pollution-free green environment.

When it’s about convenience in driving, electric vehicle is the best option, as it can be comfortably charged at home and the no gear facility enables a smooth and hassle-free acceleration for the driver. One doesn’t have to depend on fossil fuels for an efficient driving. 

The current shortage in fulfilling the country’s electricity demands has raised a few questions. Therefore, to cast a shadow on this, Indian government has asked coal companies to expand their ventures in the field of electric vehicles, charging stations etc. for a cleaner environment. On account of having the fifth largest automotive industry in the world, India stands at the verge of a massive electric vehicle revolution, and leading coal companies like, Gautam Adani’s goa coal enterprise, Coal India Ltd., Tata Power etc. have already set out with their plans for the same

The Indian coal ministry released a document entitled. “Ministry of Coal’s agenda for 2021-22” for Coal India Ltd. that said. “Coal India must diversify its business and must explore prospects in sunrise industries. Electric charging pods, electric vehicles etc.” Earlier, Tata and Adani’s coal companies. Had also set up electric bus manufacturing plants in Gujarat. Additionally, Adani electricity recently partnered with the e-mobility service provider. Yulu, for providing battery charging and battery swapping station facilities in Mumbai.

Going along the contributions, India’s automotive industry plans to be the third largest in the world by 2030, with a target to achieve 100 per cent electrification and a clean and green environment to live in. Union Road Transport Minister, Nitin Gadkari also said that, “India will be a manufacturing hub for electric vehicles within the next five years.”

On account of having the fifth largest automotive industry in the world. India stands at the verge of a massive electric vehicle revolution. And leading coal companies like, Coal India Ltd. Tata Power, Gautam Adani’s coal venture, among others have already set out with their plans for the same.

The Indian automotive industry is witnessing. A gradual shift to the use of emission free options by investing in electric mobility. Which will help in having a balanced electricity demand, environmental sustainability and energy storage. Electric vehicles (EVs) have become the need of the hour owing to the rise in pollution levels. 

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