Should I buy an electric vehicle right now? Whether it is a two or four-wheeler is not the point here. But should I get myself an electric is the big question at the moment? And frankly, it is confusing as to which way to go.
Why should it be confusing? Three basic factors are deterring getting customers to think very hard if it is worth buying an EV in India: Firstly, the high cost of purchase and whether it will actually be worth the initial cost. Yes, fuel prices are going up but it might be a while before your investment in an EV is evened out by not using a petrol or diesel vehicle.
Secondly, range anxiety and thirdly, the lack of charging stations and what if one does not charge it and the vehicle stops cold halfway in the middle of your destination.