Electricity

The revolution of the EV sector: CMT GROUP

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If it is one fact that the entire world has understood in the last few years, it is the fact that we need to start making amends so that the environment that we have destroyed so much has some scope of recuperating. With almost all developed nations now paving the way towards a clean mobility revolution, India has also begun to make the needed changes.

The launch of electric vehicles has set in motion a paradigm shift that will make people more responsible towards the environment and give them the perks of cleaner air and financial security by saving them from the shocks of those constant fluctuating prices of fuel.

The spark that ignited this change was when electric motors replaced the traditional internal combustion engine (ICE). What started as a mere trend is soon to take over the markets entirely by the year 2030. The consumers’ reactions were checked with the launch of the first electric car Reva, which Chetan Maini launched in 2001.

If the trend is to be believed, electric vehicles’ sales have almost quadrupled in the last few years. This has become more evident with the steep decline in the batteries’ prices along with the EV friendly policies that have been introduced as a countermeasure to tighten the fuel emission standards.

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