In this modern age it has become essential for each and everyone to own a set of wheels it may be a car or a motorbike. And this has brought a great ease for us in complition of our daily chores.

But this effortlessness has come with a cost of increasing levels of pollutions and which has resulted in ‘GLOBAL WARMING‘. So to deal with this situation many automobile manufacturers from around the world have come up with vehicles which would run on electric and further create no pollution. There many companies in India who have also started making electric vehicles to deal with this situation but the biggest question is where does this vehicles stand in the global market.

So let us first discuss the global maket scenario of electric vehicles. The global electric vehicle market was valued at $118,864.5 million in 2017, and is projected to reach $567,299.8 million by 2025 with a growth of 22.3%. The biggest role in electric vehicle market is played by China. According to Forbes in 2018 Chinese automakers churned out 1.2 million electric vehicles which include trucks, buses, cars and bikes which is more than three times the total sales in the US. The international automakers who have started producing electric cars are TESLA, BMW, PORSCHE, NISSAN, CHEVROLET, FORD, VOLKSWAGEN, KIA, BYD etc

Here are the few images of electric vehicles of the international market

So now let us discuss about the Indian market scenario of electric vehicles. The Indian electric automobile market is expected to witness a robust growth of 43.13% during the period from 2019-2030. Additionally with the entry of local battery manufacturers like TATA Chemical and BHEL the electric vehicle battery market is expected to grow 60.15% in year 2019-2030. The government is also providing subsidies to the consumer on purchase of electric vehicles to reduce the amount of pollution from the atmosphere. But the main field where the Indian manufacturers are lagging behind is there design aspect of the vehicle. But the Indian electric vehicles are way .ore cheaper than the vehicles manufactured by international brands. The major electric vehicle manufacturers are Mahindra and Mahindra, TATA Motors, Ather Energy, Bajaj etc.

Here are few images of electric vehicles manufactured by Indian manufacturers.

But the entire automotive industry is badly hit by the trade war between China and USA and by the global pandemic created by the Covid-19 Coronavirus.

So atlast I would like to conclude by saying that the electric vehicle market is on it’s developing stage and a huge growth is on it’s way for the entire electric vehicle market in India as well as internationally. And if the Indian manufacturers start improving there designs no one can stop them from rulling the electric vehicle market.

Do you agree?

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