Rise of Electronic Vehicles: Opportunities and Challenges

ShodhPatra: International Journal of Science and Humanities (SPIJSH)

ShodhPatra: International Journal of Science and Humanities

Open Access, Multidisciplinary, Peer-reviewed, Monthly Journal

Call For Paper - Volume: 1, Issue: 12, December 2024

DOI: 10.70558/SPIJSH

Follows UGC Care Guidelines

Impact Factor: 6.54

Article Title

Rise of Electronic Vehicles: Opportunities and Challenges

Author(s) Pratiksha singh.
Country India
Abstract

The rise of electronic vehicles (EVs) has ignited a global boom in the automotive industry. The inherent eco-friendly nature of EVs is compelling people to shift their preferences from traditional fuel-burning vehicles to battery-powered alternatives. In line with this global trend, India has set an ambitious target to achieve 100% electric vehicles on its roads by 2030. In India around 1,096 startups are related to EVs. However, a pivotal question surfaces: are Indians truly aware and prepared to embrace this transformative technology? This paper attempts to shed light on the current scenario surrounding EVs, examining the opportunities for adoption rates in the Indian market. Simultaneously, it addresses the formidable challenges that must be navigated for developing nations like India to seamlessly integrate and prosper in the era of electronic vehicles. Keywords: Electric Vehicles (EVs), Start- ups, Awareness, Opportunities, Challenges

Area Entrepreneurship
Published In Volume 1, Issue 10, October 2024
Published On 29-10-2024
Cite This singh, P. (2024). Rise of Electronic Vehicles: Opportunities and Challenges. ShodhPatra: International Journal of Science and Humanities, 1(10), pp. 106-116, DOI: https://doi.org/10.70558/SPIJSH.2024.v01.i10.24112.
DOI 10.70558/SPIJSH.2024.v01.i10.24112

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