54% Indians consumers concerned about EV quality, not range: Report
About 50 per cent of Indian consumers are now open to buying EVs, albeit with a caveat, while 54 per cent of consumers are still concerned about EV quality, a report showed on Monday, adding that EV range anxiety now appears to be a misperception.
As per the report by CyberMedia Research (CMR), the consumers are not shying away from EVs owing to ‘EV range anxiety’ or ‘upfront costs’, or ‘limited EV charging infrastructure’.
“For long, limited EV charging infrastructure and range anxiety have been construed as barriers for EV adoption. However, automotive OEMs have already designed EVs with a sufficient range of up to 200 kms or more,” said John Martin, analyst, smart mobility practice, CMR.
