As the world moves towards a more sustainable future, electric vehicles (EVs) have become an increasingly popular choice for drivers. However, the success of this transition depends on the development of an infrastructure that can support the widespread adoption of EVs. Networked EV charging stations are a crucial component of this infrastructure, and they offer a range of benefits that can make the transition to electric vehicles more...
Why Are Electric Vehicles Taking Over the World? Electric vehicles (EVs) are gaining popularity across the world as more people are becoming aware of the benefits they offer over traditional gasoline-powered vehicles. EVs are not only environmentally friendly, but they also provide a smoother, quieter ride and require less maintenance than traditional vehicles. With the increase in EV adoption, it's essential to assess the...
The electric vehicle industry is relatively new and there are many different segments and niches within the industry. This provides entrepreneurs with a wide range of opportunities to enter the market at different levels of investment and risk. For example, starting a business that involves the use of electric vehicles or providing services such as electric vehicle charging stations, requires less capital investment compared to starting a...
The global market for electric vehicles (EVs) is rapidly growing. In India, the number of electric vehicles on the road has increased from 4.2% in 2020 to 8.3% in 2021, totaling 6.75 million vehicles. In 2022, for the first time, EV sales surpassed 1 million units making a record jump of 206%-year growth over 2021. According to experts, the Indian automobile industry ranks 5th in the global market and is projected to overtake the US...
