India two Wheelers Go Electric-Setting Stage for the E-Revolution
S. Seethalakshmi1, K. Shyamala2
1Dr. S. Seethalakshmi, Associate Professor, Department of Commerce, SDNB Vaishnav College for women, Chennai, Tamil Nadu, India.
2Dr. K. Shyamala, Assistant Professor and HOD – B. COM-Corporate Secretary ship, (Finance), S.D.N.B.Vaishnav College for Women,Chromepet, Chennai, Tamil Nadu, India.
Manuscript received on 13 September 2019 | Revised Manuscript received on 22 September 2019 | Manuscript Published on 11 October 2019 | PP: 751-756 | Volume-8 Issue-11S September 2019 | Retrieval Number: K113109811S19/2019©BEIESP | DOI: 10.35940/ijitee.K1131.09811S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The Automobile industry across the globe is witnessing a transition. The United Nation’s Convention on Climate change 2015, has set tall orders for all the countries to reduce the carbon imprint to save the globe. Transportation sector accounts for 70% of the use of the fossil fuels world over. So the countries across the globe are shifting to Electric Vehicles for mobility. India has initiated Policy measures prescribed by NITI AYOG the think tank of India to convert to 100% Electric vehicles by 2030. The Indian Automobile market is dominated by two wheelers which accounts for nearly 80% of the total market share for vehicles in India. The Electric revolution therefore has to begin with and be geared by the Two wheelers automotive market. This article explores whether the Indian market is prepared for the electrical transition on two wheels. Although the Electric two wheelers are beset with several limitations the thrust is on reducing CO2 emissions and also to reduce the dependence on the fossil fuel imports. This paper consolidates the present Eco system for the Electric Two wheelers market in India and the road ahead. The study throws light on all the aspects relating to manufacturing and development of the ecosystem for E- Two wheelers. The article analyses whether there is awareness among public about the need to switch over to electric two wheelers to mitigate the effects of pollution. It analyses the factors that could influence the decision of purchasing electric two wheelers. The study also tries to identify the features that the electric vehicle users look for in the new electric models. This study is most relevant in the sunrise sector of electric vehicles which have made debut in the Indian market in 2015 only. The study gains significance because the Electric two wheeler market in India is in infancy and this study will throw some light on the market reaction to the E- revolution.
Keywords: Electric two wheeler, ICE vehicles, Lion vehicles.
Scope of the Article: Transportation Engineering