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EV Landscape Central & State Government Incentives and Regulations

India is the world’s third-largest emitter of greenhouse gases, which primarily come from inefficient combustion of fossil fuels in electricity generation and stationary energy use. The Union government has set a goal to reduce its emissions intensity by 20-25% below 2005 levels by 2020.

Electric vehicles or EVs have grown in popularity worldwide over recent years, as they reduce air pollution and also save money on fuel and maintenance. The electric mobility landscape in India is rapidly changing with EV incentives and regulations coming in from different government bodies.

Performance vs Cost

In terms of performance, there is no longer the gulf there once existed between EVs and their internal combustion engine (ICE) counterparts. EVs, in fact, fare better than ICE vehicles on a range of transport policy goals, including enhanced energy security, reduced reliance on crude oil, better air quality and lower greenhouse gas emissions.

EVs are, therefore, emerging as the preferred d clean technology for the future of mobility.

The economics of EVs has also improved significantly, while advancements, especially in battery and charging technologies, are expected to reduce costs further.

Central Government Policy roll out snapshot

2010: The Indian government announced a strategy to reward OEMs with a budget of INR 950 billion.

2012: The incentive program was scrapped, resulting in a 70% reduction in electric vehicle sales.

2013: The Indian government has established the National Electric Mobility Mission Plan (NEMMP) 2020

2015: FAME-I scheme launched on 01-Apr-15 till 31-Mar-19 by the Dept. of Heavy Industries. Allocated total financial outlay of INR 5.29 billion

2019: FAME-II commenced from 01-Apr-19. The union cabinet approved an outlay of INR 100 billion. Taxes reduced to 5% on EVs and Electric Chargers.

Read More :- https://semaconnect.in/ev-landscape-central-state-government-incentives-and-regulations/

#EV charging stations #eletric vehicles #EV Charging

Common questions related to EV charging answered

EV revolution has arrived in India, and there is a lot of excitement and noise around Electric Vehicles and the complimentary EV charging infrastructure.

But what is often not talked enough about is, how to identify and evaluate the right charging solution for your requirement.

This article tries to answer some of the common questions related to EV charging we have often come across.

How long does it take to charge my EV?

This is a common question we receive when we talk about EV charging. The time taken to charge an EV depends on two factors-

the mode of charging- AC level 1, AC level 2 or DC charging

the battery size of the EV

Like any other Lithium-ion batteries, EV battery doesn’t charge at the constant speed throughout. Once the battery is charged till 80%, the speed drops considerably with efficiency losses from heating up.

2. Do EV charging stations use the same charging technology?

EV charging stations use various technologies. One type of charger directly charges the EV with AC power by leveraging the on-board charger to convert AC into DC. There are also EV chargers called DC chargers that convert AC into DC and directly charge the EV battery by bypassing the on-board AC to DC conversion. It’s possible to adopt different power topologies for ac conversion to DC.

3.What’s the difference between Level 1 and Level 2 charging?

The two main kinds of charging are Level 1 and Level 2. For Level 1 charging, your charging equipment (EVSE) can take a maximum of 15 A, which is available in standard outlets at home with outputs in the range of 1.1 kW/h (5A) to 3.3 kW/h(15A).

While Level 1 is sufficient for e2-Wheeler/e3-Wheeler for overnight charging, with 4-Wheelers, it takes considerable time. For example, if you use a Level 1 charger to juice up a MG ZS EV with 45 kW battery, it takes more than 18 hours to charge it fully.

Level 2 charging usually works with 30A supply providing an output of 7.2 kW/h. It can be done at home or at public stations, and it provides much faster charging than Level 1. A full charge on a 240V charger takes 4-8 hours.

4. Can EVs only be charged at home?

While EVs can be charged at home, there are also charging stations available throughout the country and a growing network of charging stations in office complexes, shopping centres, hotels, and parking garages across key cities in India.

Read more: https://semaconnect.in/common-questions-related-to-ev-charging-answered/

#EV Charging #EV charging stations #Electric Vehicles

How Can Commercial Fleets Reap the Benefits of Electric Vehicles?

Energy efficiency and corporate sustainability are becoming more popular for businesses. Consumers and employees want to support companies they believe in, and these values are now becoming part of core operations. But what are the benefits of commercial fleets and commercial fleet charging. Among other things such as energy efficiency, lower emissions, and marketing, electric vehicles can help your operational budget, too. Using electric vehicles and installing commercial charging stations for your fleet can help your business save money in many ways, a few of which are outlined below.

Save Money on Gasoline

One of the main advantages of electric vehicles is that they do not use gasoline nor engine oil. The price of oil fluctuates every day, which means that internal combustion engine (ICE) vehicle drivers are at the mercy of volatile gas prices when a natural disaster or market interruption impacts supply. But with electric vehicles, there’s no need to worry about global crude oil prices. Instead, your electric vehicle runs on electricity from your local energy grid and utility company. How much money does it cost to fuel an electric car? The average cost to charge an EV is equivalent to $1 per gallon of gas… prices rarely seen since the 90’s. Switching to an electric fleet and installing commercial charging stations on-site saves you fuel costs. And with load management capabilities, you can even take advantage of off-peak electricity prices from your utility.

Read more: https://semaconnect.in/2021/03/how-can-commercial-fleets-reap-the-benefits-of-electric-vehicles/

#commercial charging stations #EV charging stations #commercial ev stations

Why Create an EV Charging Program for Your Employees?

In recent years, electric vehicles have become much more popular. This could be because of a desire to be more sustainable and eco-friendly or because the technological developments have made them a more effective replacement for conventional gas-fueled cars. No matter the reason, they are gaining popularity. As a corporation, you may wonder how your company can add electric vehicle charging stations to your workplace for your employees. Here are a few benefits of starting your corporate EV charging program.

Increased Productivity

Installing EV stations at your business makes life easier for your employees who drive electric vehicles. According to the 2017 National Household Travel Survey, the average one-way commute is 12.22 miles; recent data from the US Census Bureau found that this commute averaged 27.6 minutes in 2019. What does this mean? With automakers and drivers focusing on extended range electric vehicles, EV range has now increased so much that the 2020 median range exceeded 250 miles, with Tesla even offering a 402 mile version of the Model S. With a Level 2 charging station that charges 25 miles per plug-in hour, they can top off the battery after a commute, or they can fully charge up every few days.

While most EV drivers charge overnight at home, those without access to a charging station at home prefer to use a commercial charging station at work, with public or on-the-go as a back-up. Having dependable workplace charging stations can mean less stress for your employees since they won’t have to worry about having a full battery every day. They can plug in, go to meetings, then unplug a few hours later when their battery is full. And as we know, lowered stress levels are often linked to more focused and productive work.

Read more: https://semaconnect.in/2021/04/why-create-ev-charging-program-for-your-employees/

#EV charging stations #charging stations for employees #EV stations for employees

Electric Cars, Air Quality, and the Environment

Happy Earth Day! April is the month for sustainability. Not only are we celebrating the Earth today, but Air Quality Awareness Week is just around the corner on May 3-7! This week on the Blog, we’re rounding up a few facts and statistics about emissions, air quality, and the environment.

Transportation is the top source of greenhouse gas emissions

There’s no getting around it: transportation pollutes. According to the EPA, transportation contributed 29% of all US emissions in 2019. That’s an increase from 28.2% in just 2018. And while pandemic lockdowns did reduce travel in 2020, those changes are only temporary. Most of these transportation emissions come from burning fossil fuels in the internal combustion engines (ICE) of gasoline and diesel vehicles. This air pollution includes “particulate matter (PM), nitrogen oxides (NOx), and volatile organic compounds (VOCs)” and air toxins such as “benzene, formaldehyde, and diesel particulate matter.” Electric vehicles are an essential alternative to these polluting vehicles.

Studies show that air pollution hurts school students

Two studies released in 2019 linked air pollution to student behavior and test scores. One study evaluated schools where test scores dropped the year after a factory was built within two miles of the campus. Evidence also suggested that a decrease in attendance and an increase in suspensions could also be linked to the new factory. Another study followed students who moved up from elementary to middle school or middle to high school (without changing residence). This study linked lower test scores and higher behavior incidents to moving to a school that was downwind of a major highway. Why do these studies matter? Because clean air helps the next generation grow and prosper. Reducing vehicle emissions creates a better community for children and adults.

Read more: https://semaconnect.in/2021/04/electric-cars-air-quality-and-the-environment/

#Electric Car #electric charging stations #Electric Vehicles

Could Increased Access to EV Charging Stations Help Improve Public Health?

There are many reasons why electric cars are seen as a great step forward and why they’re rapidly increasing in popularity. For one, electric vehicles are incredibly convenient. Veloz calculates that there are currently at least 1.7 million EVs in the United States, with over 803,800 in California alone. EV drivers can charge overnight at home, or they can use a commercial charging station at popular locations such as public parking lots, workplaces, healthcare facilities, and retailers. In fact, according to the US Department of Energy’s Alternative Fuels Data Center, there are over 45,000 EV charging stations in the US. Of that number, almost 42,000 are open to the public.

While conversations about electric cars usually focus on the environment, they’re also beneficial to the community as a whole. Let’s explore why EV charging solutions are key to improved public health nationwide.

How Could Electric Vehicles Improve Public Health?

As zero-emission vehicles, electric cars do not emit the CO2 that harms the environment and contributes to global climate change. But switching to electric improves public health! That’s because breathing in smog caused by pollutants can cause diseases in the heart and lungs.

As of now, those pollutants harm the general public, even disproportionately hurting disadvantaged communities. In a 2015 report from the Minnesota Pollution Control Agency, the “rates of premature death due to air pollution [were] 45% higher in high-poverty neighborhoods and 33% higher in neighborhoods in which the majority of residents [were] people of color.” In the same neighborhoods, the rate of visits to the emergency room due to an asthma-related incident was 5x higher and 4x higher respectively. There are even links between air pollution and low test scores at schools in urban environments!

More recently, the American Lung Association discussed health equity and climate in two 2020 reports. The “State of the Air” report noted that “people of color were 1.5 times more likely to live in a county with at least one failing grade [for ozone and/or particle pollution], and 3.2 times more likely to live in a county with a failing grade for unhealthy ozone days, particle pollution days and annual particle levels.” The electric vehicle report “The Road to Clean Air” calculated the health benefits of electric cars: “The widespread transition to zero-emission transportation technologies could produce emission reductions in 2050 that could add up to $72 billion in avoided health harms, saving approximately 6,300 lives and avoiding more than 93,000 asthma attacks and 416,000 lost work days annually due to significant reductions in transportation-related pollution.” With electric vehicles as the EV charging solution to improve public health, clean air is possible.

Read more: https://semaconnect.in/2021/04/could-increased-access-to-ev-charging-stations-help-improve-public-health/

#EV charging stations #Electric Car #Electric vehicle

EV Charging Infrastructure Market in India, Challenges and Solutions

The 2010’s have seen the rise of the Electric Car as a force to be reckoned with in the automobile industry across the world. Large technological change driving Battery Performance, fall in prices of battery packs driving a cheaper EV and a market leading company driven by a technological leader with a mass following – Tesla and Elon Musk, have been some of the key factors behind this charge by EV’s in the industry. By 2020, a small set of modern EV’s have entered the Indian 4 wheeler market as well and we are slowly seeing the established trends in the West entering the Indian market. Exciting new entries in the 2 wheeler EV space are also making the Indian market an exciting one to watch.

While pollution has always been an alarming issue in all the major and densely populated cities and towns of India – with the terrible air quality constantly coming into focus in the winter months across the North Indian plains, the real drive towards EV vehicles (both 2&4 wheelers) will be an economic one. India has always spenta massive amount of money on the import of crude oil from overseasand this import along with the associated forex costs and the huge state taxes have meant that India has one of the highest rates for automotive fuel in the world. Operating costs of EV’s today are easily 1/5 to 1/8 of what it costs to run a similar ICE (Internal Combustion Engine) automobile. With the introduction of a new wave of EV vehicles in the Indian market, we will not only see a gradual move towards EV adoption and a corresponding reduction in pollution levels – lowering of battery costs (driven by technology advances and greater demand) will reduce the current gap in the capital costs of buying an EV.

The Indian government has been reasonably proactive with the FAME (Faster Adoption and Manufacturing of EV) scheme by the union government and various state policies including waiver of road tax and reduction in GST rates – a lot of thought and some concrete policies need to established for one of the critical challenges in mainstreaming EV’s – the challenge of Charging Infrastructure for Electric Vehicles.

Challenges of EV Charging Infrastructure Market in India

India today has a robust network of fuel stations (numbering over 70000) catering to ICE vehicles. They span the length and breadth of the country and anyone travelling anywhere does not need to fear being stranded without fuel.

The paradigm of “fuel” in the context of EV’s is different – it refers to the “Charge left in your battery”.

In today’s world of smart phones, we are all familiar with the fear of running out of charge, and we always have spare chargers kept everywhere – one in the bag, one in a car and one at the office and home. To supplement the fear of not finding a power outlet, we also carry “Power Banks” or energy capsules in our bag.

In a similar way – an EV is also suspeptible to running out of “Charge” and hence we need infrastructure to allow us to charge “On the Go”.

A short analysis of where people charge their electric vehicles in more mature markets in the West suggest:

Over 80% of charging is “Captive” – being done at the vehicle owners’ home or residence; with the balance required for road trips and cross city travel requiring top ups at different locations.

Read more: https://semaconnect.in/2021/05/ev-charging-infrastructure-market-in-india-challenges-and-solutions/

#EV Charging #smart EV charging #EV charging stations

The Ultimate Guide to Electric Vehicles and Smart Charging

EVs are all the rage these days. Major automobile manufacturers world over are coming out with new EVs. They have also set commitments towards a partial or complete switch to EV production in the coming years. But what exactly are Electric Vehicles? What are the various types of charging? What is DC Charging and AC Charging? Why are there so many charging standards? This article has got all your EV related burning questions covered.

How are EVs different from Internal Combustion Engine- ICE (Petrol/Diesel) Vehicles?

Did you know that EVs are older than ICE vehicles? Gustave Trouve introduced the world’s first Electric Car in 1881. This was before Karl Benz invented the first gas-fueled car in 1885 or the Ford Model T came out in 1908. But the early electric cars didn’t catch up because of the high cost, low top speed and short range of batteries. Fast forward to the 21st century, thanks to innovators like Tesla, Electric vehicles are having their moment in the sun again. Research shows that the price of Electric cars is going to be comparable to fossil fuel cars as early as 2024. Not only are EVs going to be cheaper, they are also easy on the planet and energy-efficient.

Total Cost of Ownership (TCO)

Another major aspect to check when you compare EVs against ICE vehicles is the Total Cost of Ownership. While calculating the total cost of ownership of an EV vs ICE Vehicle, the factors considered are

Capital costs: Vehicle purchase cost, discount rate, financial incentives applicable, resale value etc.

Operational costs: Fuel/electricity, maintenance cost etc.

To calculate the cost, take the same vehicle holding period, average s driven per day, and the number of operational days in a year. TCO for Electric two & three-wheelers and commercial four-wheelers are already lower than their gas-fueled counterparts. Four-wheelers for personal use will be economically viable soon, given the frequent increases in fossil fuel prices and the reduction in EV battery price.

Read more: https://semaconnect.in/2021/07/ultimate-guide-to-electric-vehicles-and-smart-charging/

#electric vehicles #ev charging #electric cars

Top 5 Factors to Keep in mind while evaluating EVs

EVs are the rave in the Indian market, and everybody seems to be talking about them. Many brands announcing their foray into the EV passenger car segment. The competition seems to be heating up. India is still at a nascent stage but with each new entrant, the interest in Electric cars seems to gain momentum. The EV buying process might seem similar to that of a traditional fuel car but there are quite a lot of factors to consider before you make up your mind. If you are a potential EV owner, what do you base your decision on? Here are the top 5 factors to consider before buying an Electric Vehicle!

Which EV to buy?

The Indian EV market kick-started with the Mahindra Reva decades ago. Ever since then the EV industry has seen tremendous technological advancements. Brands like Mahindra, Tata, MG, and Hyundai have come out with electric cars. But do you know which one you should invest in? The most basic point is to understand your purpose for the vehicle. Some questions you need to ask yourself include

How many kilometers will you be driving every day?

What will you use the EV for?

Does the EV size matter?

How much do you plan to spend on buying the EV?

Your answers will provide inputs on which EV brand is best suited for your requirements. Most of the available EVs in the market belong to the quasi-SUV segment. Bigger cars need more parking space and you will need to provision for one.

What is the total cost of ownership for EVs?

The purchase cost of an EV has come down substantially over the years and as the market grows the prices will be pushed down further. But, in the current state, the cost of an EV version is similar to that of a fuel vehicle. The Government of India has announced several incentive schemes to reduce the overall cost of the electric vehicle and that should drive sales northwards. However, don’t expect to save any money through the purchase of an Electric Vehicle. But the big difference is the total cost of ownership. Recently, the US government declared that EV costs are lower than those of a fuel vehicle. Electric cars require less maintenance due to the lower number of moving parts and this brings service costs down. Auto OEMs are offering extended warranties on the batteries or a minimum guaranteed battery life to push sales. Let’s do some math. A Hyundai Kona with a battery capacity of 40kW will take around 5-6 hours to charge completely on a 7.2kW charger. That’s 40 units of electricity. BESCOM charges INR 8.5/unit for over 200 units. At that rate, a full charge will cost you around INR 350. The Kona will offer a range of about 300-350 km so that translates to less than INR 1 per kilometer! On the other hand, let’s take an average mileage of 15kmpl for a petrol car. The per kilometer cost comes to about INR 6.5 at the current fuel prices!

Read more: https://semaconnect.in/2021/07/top-5-factors-to-keep-in-mind-while-evaluating-evs/

#electric charging stations #electric cars #electric vehicles

How Charging Stations Enhance Your Property

The COVID pandemic has shaken up property markets across the globe across various assets classes. The residential market in the US and other established market has seen wild upswings. Whereas the commercial market has witnessed a crisis with heavy lease cancellations. Even as we emerge from the uncertainty about the global pandemic, the future of the property market is still cautiously optimistic. In such a scenario it becomes important to leave no stone unturned to evaluate every means to gain the best value from your property.

Attract the Right Profile of Clients

The COVID pandemic has brought the global tech giants to the forefront of real estate acquisitions in every destination across the globe. In the face of closure of leases and office premises during the pandemic, tech companies have been aggressively acquiring and leasing office spaces. With most other sectors still emerging from the setback of the COVID pandemic and grappling to return to normalcy, tech companies provide the most lucrative clients for real estate players.

With office vacancies at an all time high, tech companies have the option to cherry pick premises from an excess supply from vacancies in the market. In such a scenario, providing amenities that resonate with the needs of the tech industry and its employees often becomes a mandatory requirement. What may have been considered as an option before can today become a bare minimum requirement in the current scenario. There is also a considerable overlap between tech employees and the early adopter of new technologies like electric vehicles. The extremely low cost of running and maintaining electric cars also provides an impetus for more rapid adoption among consumers than was previously predicted. This allows developers and owners of commercial, retail and residential properties to attract the right profile of clients.

Meet your Net zero targets

With a growing focus on climate change and sustainability, governments and corporations across the world have begun to encourage the management of carbon footprints and sustainability practices. Climate change has become a non-negotiable issue for both government policy and market regulations. Leading corporations have already taken voluntary initiatives to drive the reduction of their carbon footprint under the EV100 initiative. ESG has also become a critical decision point in the investment process at any major financial institution. Increasingly, the compliance to Environmental, Social, and (Corporate) Governance regulations has grown to become an eliminating factor for transactions and selection of partners.

Employee commuting is an integral element of the carbon footprint calculations for any major organization. Providing charging infrastructure and additional support for employees to use Electric Vehicles can be one of the easiest and cheapest methods for organizations to reduce their carbon footprint.

Read more: https://semaconnect.in/2021/07/how-charging-stations-enhance-your-property/

#charging station #ev charging #electric charging stations #ev charging stations

Challenges of Owning an EV in India

The future is here and some of us are already scrambling to be part of it! Decades ago, when Maini launched the Reva in India in 2001, no one thought much about the tiny, Tata Nano like car. The Reva did make news but failed to create a dent in the market due to its premature launch in India.

Fast Forward to 2021. State governments are rolling out FAME II subsidies, international auto OEMs are foraying into India and the air is super charged with the excitement of electric vehicles being the future of the Auto industry. Out with ICE vehicles and in with the “charge” of the EV brigade!

Did you know that our transportation eco-system is one of the biggest emitters of CO2 emission? One way of bringing down these emissions is through the implementation of EV solutions. A study released in 2015 shows that, in the US, electric cars generate half or less than half of the emissions of comparable fuel-powered cars.

And with the rising fuel prices, it’s not the environment that is at risk. Even if you don’t own an ICE vehicle, rising fuel prices make an impact. Public transport becomes expensive, and you need to shell out more to buy products. So, at such a time, buying an electric car makes a lot of sense, right?

Yes, owning an EV for personal use or for your business is more economical and helps saves the environment as well. But there are some teething issues plaguing EV owners.

In this article, we understand the challenges an EV owner can face and what the possible solutions are.

No dedicated parking spots

The EV charging conundrum is nothing but a parking issue. In India, not every 4-wheeler owner has access to a dedicated parking spot. Even in a large residential complex, many residents have opted for open or uncovered parking slots. So, how do they setup their OEM supplied charging station or charger?

Organizations who don’t have dedicated parking spots will face this problem. State governments are launching policies for most residential, commercial and workplace buildings to make provisions for EV chargers. Even our public roads don’t have a regulated parking system where Govt. or Private organizations can set up mass charging stations.

But this is a space that is currently serviced by Charge Point Operators that run a petrol bunk like system but with EV charging stations.

Lack of EV charging infra

One of the most common challenges associated with owning an electric vehicle is range anxiety. The lack of a robust and widespread charging infrastructure adds to the misery of an EV owner. Even though EV sales are seeing an uptick off late, they are being used for intra-city travelling. However, the long-haul travel issue will soon need to be addressed to increase the utilization limits of fleets and allow people to travel across city limits.

A few Indian state governments have proactively floated tenders for the installation of public EV charging stations and dozens of CPO start-ups have mushroomed all over the country. However, most of this infrastructure development is limited to Tier-1 cities and within city limits only.

It’s the classic Chicken and Egg problem. People don’t buy EVs as the charging infrastructure isn’t there and charging infra isn’t an attractive business model as there aren’t enough EVs on the road!

Read more: https://semaconnect.in/2021/08/challenges-of-owning-an-ev-in-india/

#ev #ev charging #smart ev charging #electric charging stations #electric vehicle

Auto Manufacturers’ commitments to shift to EVs

With increased push from governments all across the world for EV adoption, automobile manufacturers are welcoming the change by making ambitious commitments on shift to green mobility.

This article takes a look at various companies- homegrown and overseas and their plan for green mobility adoption.

EV Manufacturers/players in India

Tata motors with existing EV models- Nexon EV and Tigor EV, plans to launch 10 more new EVs by 2025. Over and above this, Tata Motors subsidiary Jaguar plans to completely shift to Electric Vehicles by 2025. Tata motors also looks to raise USD 1 Billion for its EV unit to facilitate this plan.

Following Tata Motors is Mahindra Electric with plans for 6 EVs by 2025. Mahindra & Mahindra is also expanding its global EV footprint in 2 wheelers through collaborations. Through its acquired design house Automobili Pininfarina, M&M is also looking to create EV supercars.

Maruti Suzuki is missing in action with a plan for only one EV by 2025.

Morris Garage with its MG ZS EV in India plans to launch another EV within 2 years in the sub 20 lacs category. Hyundai with its flagship EV model Kona already in the Indian market has made an ambitious target of 1 Million EV sales per year worldwide by the year 2025. Hyundai is also planning to expand its portfolio of EVs to 23 by 2025.

Read more: https://semaconnect.in/2021/08/automobile-manufacturers-and-their-commitment-to-shifting-to-electric-vehicles/

#electric autos #electricauto #auto

Top 5 Reasons to Buy an Electric Car Now

Indian automobile drivers are warming up to the idea of EVs. In August 2021, Tata Nexon EV clocked a monthly sales of 1022 units, which was the first time an electric car in the personal segment recorded a 4-digit sales figure. Moreover, the demand for the EV variant is at par with the Diesel variant for Nexon.

So, clearly there is a shift towards EV ownership, mostly amongst innovators. But what is driving this change? This article tries to answer that.

1. The government subsidies are making electric cars more affordable

Central government through its Faster Adoption and Manufacturing of Hybrid and Electric vehicle (FAME) II policy, (validity extended from March 2022 to March 2024) provides benefits of a maximum of Rs 1.5 lakh (Rs 10,000 per kWh of the battery capacity).

Over and above the FAME II subsidy, various state governments like Delhi, Gujarat, Maharashtra, Karnataka, AP and Telangana are supporting EV adoption by waiving off registration and road tax.

2. Fuel prices are skyrocketing

Petrol and Diesel are at all time highs with an increase of 20% since the year started and with no end in sight to when the prices are going to be decreasing. While EVs are priced at a premium, the increasing fuel prices brings parity to the Total Cost of Ownership. Plus if you are an EV driver, your blood need not rush the next time there is a news bulletin on the increasing fuel charges.

For the uninitiated, read more about TCO here.

3. Low maintenance costs

Adding ‘fuel’ to the fire on the Total Cost of ownership of a vehicle is the maintenance costs. EVs are much cheaper to maintain in comparison to the traditional ICE vehicles. To quote Tony Seba, author and EV evangelist, a typical ICE Engine will have 2000+ moving parts in comparison to an EV with about 18 moving parts. Think about all the money you can save in spares and replacements.

Read more: https://semaconnect.in/2021/09/top-5-reasons-to-buy-an-electric-car-now/

#electric charging stations #electric car #electric cars

SemaConnect’s Mahi Reddy Visits with Vice President Kamala Harris to Discuss Electric Vehicles

BOWIE, Md. – Today, SemaConnect’s Founder and CEO, Mahi Reddy, met with Vice President Kamala Harris and other officials at an event promoting electric vehicles and American jobs. Founded in 2008 and based in Bowie, Maryland, SemaConnect is a leading provider of electric vehicle charging stations to the North American commercial, residential, and fleet segments.

In his comments to Vice President Harris, Mr. Reddy emphasized the importance of electric vehicle charging infrastructure in new legislation. SemaConnect displayed its Series 8 public EV charging station next to several electric vehicles from other American EV companies.

“I was honored to meet Vice President Harris today,” said Mr. Reddy. “As a company committed to making electric vehicles ubiquitous through EV infrastructure, the Biden-Harris Administration’s focus on expanding access to electric vehicles is welcomed. The new Infrastructure Investment and Jobs Act will promote EV infrastructure and job growth.”

Mr. Reddy continued, “Level 2 electric vehicle charging will lead the way in expanding access nationwide and the administration’s emphasis on multifamily, underserved communities, and rural regions removes barriers for future EV drivers. As a leader in the EV charging industry, SemaConnect was proud to demonstrate our smart Level 2 solutions as we look forward to charging ahead.”

Other officials at the event included US Secretary of Energy, Jennifer Granholm; National Climate Advisor, Gina McCarthy; US Senator Ben Cardin; US Senator Chris Van Hollen; US House Majority Leader Steny Hoyer; Prince George’s County Executive Angela Alsobrooks; Acting Director, PG County Department of Public Works, Martin Harris; and Antoine Thompson from the Greater Washington Region Clean Cities Coalition.

#electric charging stations #ev charging #smart ev charging

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