: Why Pay Rs 100/litre For Petrol? These 4 Startups Can Help Your Vehicle Go Electric #IndiaNEWS #Electric Vehicles Prices of petrol and diesel show no signs of abating as they hit the Rs 100 a litre

Why Pay Rs 100/litre For Petrol? These 4 Startups Can Help Your Vehicle Go Electric #IndiaNEWS #Electric Vehicles
Prices of petrol and diesel show no signs of abating as they hit the Rs 100 a litre mark in certain parts of the country. In major cities like Mumbai and Delhi, prices have breached the Rs 80 per litre mark.
Besides all the chatter on social media platforms, political parties have also begun taking shots at each other for the price rise. Some have rightly spoken on the exorbitant excise duty imposed by the Central government, while others have observed how Indias dependence on crude oil imports, which stands at over 80 per cent, has added to the problem.
In this regard, the government has defended itself by citing how global crude oil prices have risen by more than 50 per cent since October 2020. Although fuel prices didnt reach such astronomical levels before this spike in global crude oil prices, the fact remains that for the past few years the cost of buying petrol and diesel, predominantly for personal vehicle use, has eaten into the household budgets of many ordinary Indians.
Despite these circumstances, this spike in petrol and diesel prices present an opportunity for many to transition to electrical vehicles. There are a plethora of vehicle purchase options in the Indian market.
But instead of buying a completely new two, three or four-wheeler, why not explore the option of converting your existing vehicle into an electric one or allow for features that allow commuters the option of going electric in their IC (internal combustion) engine vehicles?
EVs run at one-tenth the cost of petrol-guzzling vehicles, according to this Economic Times report. Meanwhile, this article concludes how the cost of running an EV on a per month basis is 85-90% cheaper as compared to a fuel vehicle.
Besides saving on fuel costs, youre also drastically reducing maintenance costs. As an EV conversion startup owner once said to The Better India, A conventional vehicle has more than 2,000 components, but when we convert it to electric, there are hardly 20.
Here are four ventures that offer vehicle owners the option of switching to electric:
ETrio: Founded in 2017, this Hyderabad-based startup has reimagined EV adoption with a unique approach converting ICE (Diesel/ Petrol) vehicles into electric.
Obtaining certification from regulatory bodies like ARAI and ICAT for electrification of commercial vehicles, the startup is converting cars like the Maruti Alto and Dzires into electric ones with a battery range of up to 150 km on a single charge. The cost of the electric conversion kit is about Rs 4 lakh, but consumers can also opt for a lease on the kit or they can purchase the electrified car directly from them. The initial investment in this regard may seem high, but the long term savings in converting to electric cannot be denied.

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