In the past two decades India have been experiencing high rise in the prices of petrol and diesel.
The Historic Price Difference between Diesel and Petrol Cars has been larger in the past, reaching Rs 24.69 / Litre in April 2012, and the irony is that in June 2020, Diesel will cost more than Petrol. However, the error was quickly rectified, and the price difference between petrol and diesel fuel is now Rs 10 per litre.
It was in November 2021 that Fuel Prices soared to all-time highs. A litre of petrol cost Rs 110 in Delhi at the time, while it cost close to Rs 120 in Mumbai and Sri Ganganagar. Diesel prices also soared to over Rs 100 per litre in most states, at a time when the VAT and excise duties were being trimmed to help the common man.
The rise in prices not only affects common people but also the sellers.
Sales of passenger automobiles and two-wheelers fell in January 2021, and the statistics for this month could fall much worse. A further drop in vehicle traffic will have a significant impact on the business world and the tens of thousands of MSMEs (Ministry of Small and Medium Enterprises) that provide it with goods.
Lower demand will, therefore, lead to widespread job losses in the auto and ancillary sectors.
Rising fuel prices also put the government under further import pressure. As a result, deficits increase, causing the rupee to depreciate in currency. When the rupee depreciates against the dollar, the cost of international tourism and education rises.
And the global financial system tends to experience as the Russia-Ukraine conflict escalates. The battle has resulted in a significant increase in crude oil prices, which is projected to push up India's domestic petrol and diesel costs.
Here is where the electric vehicles come into the picture with its benefits. Currently in most of the countries electric vehicles are taken into consideration due to their number of benefits.
Power networks, which rely on a multitude of different ranging from fossil fuels to clean renewable energy, provide the electricity that charges and fuels battery electric and plug-in hybrid automobiles.
The carbon output of driving an electric vehicle varies depending on the source of its electricity, which means that the carbon footprint of operating an electric vehicle varies based on the source of its power generation.
Let's look at the facts: EVs are mostly charged at home. For clients ranging, the higher end of the price per unit of power might range between Rs 7 and Rs 9. The price could drop much lower relying on the province and past consumption bills.
The EV model features a battery capacity of 30 kWh, which translates to 30 units of power charging capacity. A full charge is projected to deliver 312 kilometers of excellent driving range. The cost of petrol is around Rs 0.8 per kilometer at this rate.
This is a 'perfect' situation that rarely occurs in reality. Even if we cut the range in half, due to ageing batteries and poor maintenance, the cost per kilometer is substantially lower.
According to a study by specialists at the Union of Concerned Scientists, driving electric or hybrid automobiles on the network in any state emits less greenhouse gas than driving gasoline-powered cars. The advantages of electric vehicles get stronger as regions tidy up their energy systems.
So as per the satisfactions provided by the electric vehicles, one can consider them as a smart option for the benefit of their health, safety and also good for the environment. Basically, e vehicles are pocket friendly in a long term and environment friendly that ensures safer future for next generations. Many companies in India have been coming into existence as the initiative for producing e vehicles, such as, Mahindra, Tata Motors, Ashok Leyland, Super Eco, etc.
Super Eco Automotive Co. LLP is India’s rising E vehicle company registered in October 2013 with its commercial production.
It has the most advanced control unit that is FoC Controller based On German Technology for long life and powerful performance.
Has the wheel fitted motor for the roads conditions in India.
Super Eco is also working over Electric Motorcycle Code Name “X1” whose Prototype and Final Design is ready including Bosch Motor, German Technology, Regenerative Braking System, Swappable Battery, 150Km Plus Drive Range, Top Speed approx. 65 / 90 Km/Ph Range Options. its High-end Version with Top Speed of 150-190 Km/Ph, Drive range of 200-250 Km in single Charge, Touch screen Display and first in Class “Drive Guidance mechanism” is also in pipe line, competing with any international Brand and Quality.