Secure Your Car With The Super Car Insurance Plan!

Believe it or Not! Save upto* 75% on TATA AIG Car Insurance

Secure Your Car With The Super Car Insurance Plan!

Believe it or Not! Save upto* 75% on TATA AIG Car Insurance

newVehicleImg
Insure your  Brand New Car
forwardArrow

What are the Benefits of Electric Cars in India?

  • Author :
  • TATA AIG Team
  • Published on :
  • 29/04/2024

There are over 2.3 million electric vehicles in India, and this number is predicted to increase in upcoming years. If you are planning on buying a new car, consider an electric car over the traditional petrol/diesel one.

You may wonder why. Electric cars have several benefits, not only in financial terms but also in usage. This article will explain several benefits of electric cars.

What Is Electric Vehicle

An EV or electric vehicle is a vehicle powered by an electric motor that draws electricity from the battery, which can be charged from an external outlet. Electric vehicles are of two types: one that is powered by an electric motor that draws electricity from a battery, also called all-electric vehicles.

The second is a vehicle that is powered by an electric motor that draws electricity from a battery and by the internal combustion engine, also known as a plug-in hybrid electric vehicle.

Benefits of Electric Vehicles in India

Optimal Operating Cost

The cost of running electric vehicles is lower than those of petrol or diesel vehicles. Electricity prices are much more stable than petrol or diesel, and charging your electric car will cost you less than filling the fuel of a petrol/diesel car.

Lower Maintenance Cost

Cars running on petrol or diesel have higher maintenance costs as they have more moving parts. But, such is not the case with electric cars, as they are battery-operated and run on electricity they have fewer moving parts. The moving parts of petrol/diesel cars require regular maintenance to run smoothly.

Environmental Benefits

Electric cars benefit the environment in the long run as they are operated on batteries. There is no chance of carbon emissions that cause air pollution. Moreover, electric vehicles do not make any noise that is usually heard while driving petrol/diesel cars, which means less noise pollution.

Government Inducements

As mentioned, electric vehicles are environment-friendly and fuel-efficient; thus, the government promotes their sale and encourages people to buy electric vehicles. People who buy electric vehicles can get electricity at subsidised rates, exemption on sales tax and registration fees.

Moreover, there are tax benefits of electric cars under Section 80 EEB, in which, buyers can claim tax deductions on loans taken to buy electric vehicles specifically.

Perfect Performance

The early stage electric cars were slow and mediocre performing, but with the advancement of technology, powerful batteries, better motors and controllers were developed, improving the overall performance of electric vehicles.

Charge-at-Home

Electric cars provide the convenience of charging the vehicle at home before using it. It is better than petrol or diesel cars, where you need to find fuel stations to fill up your vehicle.

More Storage Space

As mentioned earlier, electric cars have fewer moving parts, making more cabin and storage space. You can easily find good seating space and store more luggage for your long journeys.

Better Safety Features

Indian roads are always congested with traffic, and incidents like road accidents or collisions happen every day. The right choice is to drive a vehicle that has enough safety measures; electric cars have such features.

These include driver assistance safety features such as automatic emergency brakes, forward collision warnings, lane-keep assist, and several other advanced safety features.

Renewable Energy

The usage of electric cars provides a chance for renewable energy sources integration to the vehicle owners. For example, electric car owners can use electricity produced from solar energy to charge their vehicles. It not only reduces the dependency on fuel-produced electricity but also helps decrease carbon footprints.

Importance of Car Insurance Policy

While you consider the advantages of electric vehicles, before buying one, you must also consider getting car insurance for it. Having a car insurance policy is mandatory for every vehicle owner, including electric vehicle owners. A car insurance policy protects your vehicle and you from financial and legal liabilities in unfortunate events like accidents or collisions.

With Tata AIG’s comprehensive car insurance policies, you can get various additional add-on coverage options like zero-depreciation cover. The add-on zero depreciation meaning is that it compensates for the depreciation amount of your vehicle during a claim.

Our easy car insurance renewal and buying facility helps you to get insured and protect your vehicle against third-party liabilities, accidental damages, theft, and man-made and natural disasters.

Summing Up

Now that you know several EV benefits, you must consider buying one for yourself. Not only are these vehicles cost-efficient, but they are the future of transportation.

With their strong performance, low maintenance cost, and smooth driving experience, having an electric vehicle is a steal.

FAQS

Is it worth it to get an electric car?

Yes, it is positively the right decision to buy an electric car. It is not only cost-effective but also performs well.

Why are electric vehicles the future?

Electric cars are being considered as the future vehicles because they are the best alternative towards fuel-efficient vehicles. Moreover, the production cost of electric vehicles is ten-fold lesser than that of fueled cars, and government subsidies on the production and buying of electric vehicles also promote its demand.

Share This Article
facebooklinkedintwitter
Facebook Feeds
Recent Tweets
Share This Article
facebooklinkedintwitter
Facebook Feeds
Recent Tweets

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

Related Articles

Tata AIG Also Offers Insurance for the below products

Travel Insurance

Two Wheeler Insurance

Health Insurance

Car Insurance

scrollToTop