Cosbike- A Leading Electric two Wheeler Manufacturer - PowerPoint PPT Presentation

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Cosbike- A Leading Electric two Wheeler Manufacturer

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Electric vehicles have seen a significant increase in usage in India over the past three years, driven by government policies promoting electric mobility and reducing vehicular usage. – PowerPoint PPT presentation

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Title: Cosbike- A Leading Electric two Wheeler Manufacturer


1
COSBIKE
Cosbike is a leading Electric Two-wheeler
manufacturer in the Asia Pacific region having a
presence in more than 7 countries.
2
ELECTRIC VEHICLES - FIRST PREFERENCE FOR
CONSUMERS?
It may seem that electric vehicles are far from
mainstream India but the changes recorded in
market trends say otherwise. According to some
sources, the use of electric vehicles has
increased a lot over the last three years.
Electric vehicles are now becoming the first
preference of consumers, this consistent increase
in the past few years is majorly due to various
policies implemented by the government to
encourage electric mobility and reduce vehicular
applications.
3
WHY IS THE GOVERNMENT TAKING STEPS TO ENCOURAGE
THE PRODUCTION OF ELECTRIC VEHICLES?
Electric vehicles possess several benefits that ma
ke them a better substitution for conventional
vehicles.
O1
The major benefit of using an electric vehicle is
that it is cheaper to run and maintain.
O2
The price of the electricity required is around
40 less than the cost of petrol needed for a
similar-sized vehicle covering the same distance.
O3
4
Moreover, EVs are good for human health and the
environment. EVs do not contribute to
environmental pollution as they run on
electricity rather than fossil fuels. Fossil
fuels emit greenhouse gases like sulphur dioxide
and carbon monoxide that contribute to global
warming. EVs do not emit any such greenhouse
gases that make them suitable for the
environment. We have listed a few ways in which
the government is encouraging the masses to make
eco-mobility accessible to the masses.
5
Government's Contribution
The government has taken several initiatives to
promote electric mobility. Central governments
and state governments are contributing on their
level to enhance electric mobility and reduce
vehicular application as much as
possible. Following this, the centre has reduced
the GST rate on electric vehicles from 12 to
5, and the Delhi government has announced its
policies to incentivize electric mobility. The
government has proposed the exemption of
registration fees for lithium-ion battery
operated/electric vehicles to promote
eco-friendly vehicles. Also, The government has
granted an exemption to battery-operated
transport vehicles and vehicles that run on
methanol and ethanol fuels from the permit
requirement.
6
GET IN TOUCH
WEBSITE www.cosbike.in EMAIL ADDRESS customercare
_at_coslight.in PHONE NUMBER 9910020997
7
THANK YOU
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