Electric Vehicles: The future Of Sustainable Corporate Transport
Our yearning for luxurious cars and comfortable 2-wheelers is ever-increasing. Transportation is a significant source of greenhouse gas emissions and, as a result, increases global warming. The life of the natural environment and its organisms – humans, animals, and plants are at stake. Slow your climatic changes ~ Reduce greenhouse emissions. The world concluded – electric vehicles for a sustainable green future. How can Electric cars contribute to a sustainable future?
Why is the World Looking Toward Electric Vehicles?
At any given time, more than 90% of the world’s population is exposed to polluted air. The emission and accumulation of greenhouse gases and toxic substances have accelerated mitigation and adaptation planning, such as promoting active transportation and transforming the carbon-intensive transportation and infrastructure sector.
According to a survey, the transportation sector accounts for 64% of global oil consumption and 23% of global carbon emissions. Electric Vehicles have emerged as a promising technology for achieving a low-carbon, sustainable transportation sector. This is due to their lower potential for carbon emissions, insufficient noise-causing capabilities, and higher efficiency than other vehicles.
Various electric vehicles, such as battery EVs, plug-in hybrid EVs, and fuel cell electric vehicles, have been introduced over the years. Transportation electrification facilitates the transition to clean energy and effectively diversifies the transportation sector’s fuel mix while addressing energy security concerns.
EV business models are still emerging and considered dynamic entities, ranging from new mobility-as-a-service offerings to energy market services that use electric vehicle batteries.
Electric Vehicles as a Way of Transportation in India
In India, state transport units have been positioned as the solution for electric vehicle transition across many regions and geographies, particularly beyond two- and three-wheelers. Many states have already established Electric Vehicles policies and roadmaps, and STUs have started operating intra-city and inter-city electric fleets.
Electric Vehicles penetration will follow in the footsteps of CNG penetration. With government assistance and financial concessions, both fiscal and non-fiscal. It will start with public transportation, specifically STUs, three-wheelers, and two-wheelers. Even now, three- and two-wheelers have a lower total cost of ownership (TCO) than ICE vehicles.
Can EVs Fill the Transportation Gap?
As you know government is heavily investing in the development and widespread adoption of electric buses because they are envisioned as an essential component of the EV revolution and the Smart Cities Mission. Under the scheme, the government approved 5,595 electric buses in 64 cities for intracity and intercity operations in August 2019. With this in mind, a complete transition to EVs for public transportation appears to be a long-term possibility. The fleet’s intra-city portion could be electrified at a faster rate.
Because public transportation transports far more people than automobiles, the government’s attention appears to be more focused on FAME 2, which provides buses with a 35% share of total demand incentives. Because India’s cities are rapidly expanding and new ones are emerging, public transportation is expected to become an essential component of the mobility spectrum. Electrifying it will significantly help reduce CO2 emissions.
Unlike CNG, the Electric vehicles transition will necessitate continued government incentives until the ownership cost gap with ICE (internal combustion engine) reaches acceptable levels. Because Electric Vehicles costs will not decrease at the same rate, CNG kit costs fell and the technology was localized.
EVs in Corporate Transportation
One of the significant factors behind corporate transportation is encouraging shuttle or cab services that decrease CO2 emissions. Because public transit is limited due to health and safety concerns, the most viable and environmentally friendly option is to travel by employee shuttle services. After the pandemic, the latter is still an effective way to continue caring for Mother Earth.
Companies can reduce their carbon footprint by mandating that employees travel in a single, convenient vehicle rather than driving their cars. Reduce the number of individual cars your employees go to work to help reduce toxic greenhouse emissions. Charter bus transportation emits far less CO2 than all other modes of group transportation combined.
This is a primary reason for adopting Electric Vehicles(EVs) in corporate transportation services. The number is enormous in the corporate transportation segment, which will significantly impact CO2 emissions.
As state and federal governments gradually transition their transportation fleets, it is safe to say that EVs can be viable options for corporate transportation, mainly shuttle services. Because shuttles transport many people, replacing them will be cost-effective, whereas EV cabs will be costly. With how EVs look, there is no reason why they cannot be a viable option for corporate transportation.
Over time, EVs will be an excellent alternative to conventional cars; if data are believed, they will be eco-friendly and a cheaper way of providing corporate transport.
Electric vehicles contribute to a sustainable corporate transportation future. By now you know how important it is to change our employee transportation system. Let us all join hands together to create a better future for our future generations.
If you’re looking to add EVs Segment vehicles as a part of your smart corporate transportation in your company, Karunadu Services is here to help in creating a sustainable Corporate transportation future. Also, check out our Instagram page to know more about employee transportation services for your company.