The EV Revolution Solved One Problem, Then Discovered Another
About five years ago, fleet operators and riders across India started rapidly adopting electric vehicles. The promise was clear: lower running costs, reduced maintenance, and a greener future.
However, as EVs matured, a new challenge emerged — battery degradation. Over time, battery performance drops, and battery replacement can become one of the most significant ownership costs, making the economics of EVs more complex than initially expected.