Most Indians Will Buy Electric Cars By 2022 If They Get 400 Km Plus Range With Lower Price | We are ready to buy these types of electric cars

As the production of electric vehicles is going on at a rapid pace, there are constant surveys and polls about how much Indians want to buy electric vehicles. When asked whether electric cars will also be the choice of Indians while they are expressing their desire to buy electric two-wheelers, there is no clear answer.

The reality is that many people are undecided about purchasing an electric vehicle. Also, it is said that there is some demand in the Indian market to buy electric cars.

According to a survey conducted by Castrol, most consumers in India are ready to buy an electric vehicle this year, i.e. 2022, but it will take at least 2025 years for the majority of electric vehicles to be sold across the country.

Currently, the only obstacle to the sale of electric vehicles in India is its price. Indian consumers want prices to be lower in India than in other countries. On an average, the price of a vehicle in the global arena is pegged at Rs 27 lakh. Indians are said to want it available for around Rs 23 lakh.

The survey was conducted among automobile industry experts, fleet managers and more than 1000 people across India. The survey also revealed that Indian consumers have some other demands as electric vehicles are completely dependent on electricity. The study emphasized that the demand to be fully charged in a maximum of 35 minutes and a minimum of 400 kilometers on a single charge should be configured.

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A comparison of the various electronic vehicle markets globally reveals that while the majority of people around the world will buy electric vehicles by the end of 2024, most Indians are ready to buy electric vehicles by the end of this year.

However, two-thirds of Indians said they would wait and make a decision now that a new product is about to debut in India’s biggest market. Not only that, the fleet managers also said that they will take a decision by looking at how the brands are performing in the country.

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While the high cost of an electric car is a one-time investment, the survey also revealed that 83 percent of Indians are hesitant to buy an electric car due to its high running costs.

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