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Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies – News

Like many Indian states, Karnataka Energy Department is also trying to promote electric vehicles more. Karnataka’s Energy Minister, V Sunil Kumar said at an event that “higher prices are a deterrent and EV manufacturers should reduce prices for EVs to become popular.”

He further said that “affordability is a big challenge and at present people in India do not buy electric vehicles because they cannot afford them. Governments and companies should work towards making electric vehicles affordable.”

The Energy Minister was speaking after inaugurating a one-day seminar on Electric Vehicles and its charging technologies. Along with this, the Energy Minister, V Sunil Kumar has also inaugurated a new Electric Vehicle Charging Station.

Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies

He has connected the charging gun to the Tata Nexon EV, which stood as part of the display at the event. Apart from the Tata Nexon EV, a two-wheeler was also pitched for demonstration purposes. Future technologies in electric vehicles, batteries and charging stations were discussed in the symposium.

Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies

Seminar participants are also discussing the pros and cons of electric vehicles and charging technologies. V Sunil Kumar mentioned that Karnataka Energy Department is focusing on eco-friendly power generation through solar and wind power.

Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies

One of the main reasons for the high price of electric vehicles in India is that many components used in the car are imported from other countries. One of the main components of an electric vehicle is the battery pack. Battery packs for electric vehicles are imported directly from China.

Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies

Tata Nexon EV is completely manufactured in India and this is the reason why it is the cheapest electric SUV in the Indian market. On the other hand, models like MG ZS EV which cost more than Nexon EV, such vehicles are only assembled in India.

Electric vehicles should be more economical, Karnataka Energy Minister appeals to companies

Some of the expensive EVs are imported directly as CBUs and our high import taxes are also responsible for this, which further increases the price of these models. This is one of the reasons why Tesla has not been able to launch any product in the Indian market even after a year of registering itself in India.

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