ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/electric-vehicles” target=”_blank”>Electric vehicles used in India’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/logistics-sector” target=”_blank”>logistics sector offer a 15–20 per cent lower ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/total-cost-of-ownership” target=”_blank”>total cost of ownership (TCO) compared to internal combustion engine (ICE) vehicles, according to a new report by management consultancy Praxis Global Alliance.
The report titled Decoding the Economics of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/ev” target=”_blank”>EV Fleets in Indian Logistics finds that this cost advantage is driving electric vehicle (EV) adoption, particularly in urban logistics and last-mile delivery.
“EV TCO is 15–20 per cent lower than ICE in 3W and small 4W fleets due to lower fuel and maintenance…
