Electric vs Non-Electric: Here is how to choose a budget-friendly car – EQ Mag
The rise of technology has not only brought changes in people’s personal lives, but has also unravelled innovation and development in the business setting. A plethora of firms are implementing new technology innovations, and the automobile industry is no exception.
Today, car makers are more likely to create environmentally friendly vehicles with the reduction of fossil fuels in mind, and to address environmental concerns. Slowly and steadily, the Indian market is accepting this trend and we are able to experience more electric vehicles on the roads. According to Information from the Ministry of Road Transport and Highways, Over 1.8 million EVs are registered in India. The market has experienced a surge of more than 200% in the previous year, going from 3.2 lakh EVs in 2021 to roughly 18 lakh EVs in 2022.
However, a lot of customers still prefer conventional internal combustion (IC) engine vehicles owing to its set of characteristics and benefits. Such scenarios have created clutter in the minds of Indian buyers, and they are standing at the crossroads of their purchasing decision. Thus, every aspect, such as maintenance, features, pricing, and total cost of ownership, must be considered before purchasing a vehicle, whether EV or conventional. Let us delve deep into these configurations to have…Read More…