• If the sales figures for electric cars, bikes, accessories, and electric vehicle insurance plans indicate anything, it’s that the popularity of vehicles in this category is on the rise. If you are considering making a purchase, make sure you are well-informed about it. For instance, are you aware that electric vehicle insurance is mandatory if you intend to operate your EV? Additionally, do you understand the different types of EVs and which one might be the best fit for you?

Different Types of Electric Vehicles in India

1. BEV

• One of the simplest types of electric vehicle, BEV stands for Battery Electric Vehicle. These vehicles function exclusively on a single battery or multiple batteries. These batteries are rechargeable, and these cars do not include a fuel (IC) engine.

• These vehicles are claimed to be entirely zero emissions among all current types of EVs. Therefore, they contribute very little to air pollution. Considering that environmental concerns are a major reason why many consumers choose an EV, this characteristic of BEVs might attract numerous purchasers.

• BEVs are not confined to light motor vehicles, such as personal cars. Various markets may provide BEVs in the format of two-wheelers, or even commercial vehicles. It is crucial to keep in mind that out of all types of electric vehicles available today, Battery Electric Vehicles, or BEVs, may be the most synonymous with electric vehicles. These terms could be interchanged.

2. HEV

• In the domain of electric vehicle terminology, HEV denotes Hybrid Electric Vehicles. The most prominent trait of these EV types is that they are equipped with an electric motor, which assists the internal combustion engine (IC engine). The power for the electric motor is sourced from a battery pack.

• In this case, the battery pack might not require recharging. Instead, the energy for the battery pack is obtained from regenerative braking as well as engine power. There are two sub-categories of HEVs, namely MHEVs and FHEVs. MHEV stands for Mild Hybrid Electric Vehicle. The ICE in this instance tends to have a higher capacity compared to the electric motor, which is relatively smaller and serves a supportive role. It provides extra power to the engine and ancillary systems, like air conditioning and power steering.

• FHEVs, or Full Hybrid Electric Vehicles, also utilize a comparable system. However, here the electric motor can independently support your short-distance travels. It activates automatically as needed. Another distinction between MHEVs and FHEVs is that the latter is offered only in automatic transmission variants, whereas MHEVs have both manual and automatic transmission options available.

3. FCEV

• Fuel Cell Electric Vehicles, or FCEVs, incorporate fuel cell technology to operate, employing it to recharge the battery pack. This involves the chemical energy produced from the interaction between hydrogen and oxygen.
• These types of vehicles do not require charging. Instead, they feature a hydrogen tank that must be refueled as needed. Unlike electric vehicles that necessitate charging, this category of vehicle can be refueled in just a few minutes, similar to fuel-based vehicles.

• However, these vehicles do not produce harmful emissions, unlike fuel-based vehicles. Their emissions consist of steam and warm air. These types of cars are currently available in numerous markets. They are believed to symbolize a practical shift towards hydrogen as an alternative fuel.

4. PHEV

• Plug-in Hybrid Electric Vehicles, known as PHEVs, represent an advancement over FHEVs. They can cover significantly longer distances (compared to FHEVs) strictly on electric power. Should the electric power deplete, the vehicle can then switch to its fuel (IC) engine if necessary.

• PHEVs are only offered in automatic transmission versions. This vehicle type can be advantageous for individuals who commute within town or the city and use their car daily. They could accomplish this routine commute using electric power. However, when they wish to travel greater distances, they could allow the vehicle to transition to the internal combustion engine.

Conclusion

• To avoid worrying about costs in such scenarios, it’s advisable to obtain electric car insurance. Remember that third-party liability coverage is compulsory. However, a comprehensive electric car insurance policy can be more beneficial, as it will equip you for various situations. If you have registered your vehicle for commercial purposes, you may need to seek out an electric commercial vehicle insurance policy. This type is specifically created to provide coverage for commercial vehicles. You can search online for the appropriate plan or discuss the matter with your insurance agent.

• Electric bikes are becoming as popular as electric cars. If you’re considering purchasing an electric two-wheeler, or have already bought one, remember to obtain electric bike insurance for it. Having at least third-party electric bike insurance is mandatory in the country.

FAQs

Which vehicle insurance is suitable for electric vehicles?

The ideal choice is a comprehensive electric vehicle (EV) insurance policy, which covers own damage, third-party liability, battery protection, and roadside assistance for EVs.

Do electric vehicles produce zero carbon emissions?

Yes, electric vehicles do not emit tailpipe emissions since they operate on electricity instead of fossil fuels. However, emissions may arise during electricity generation and battery production.

What are some of the drawbacks of electric vehicles?

Higher Initial Cost: EVs typically have a higher price tag compared to traditional vehicles.

Limited Charging Infrastructure: Charging stations are not as commonly found as fuel stations.

Longer Charging Time: Charging an EV takes more time than refueling a petrol/diesel vehicle.

Battery Degradation: EV batteries deteriorate over time, leading to diminished performance and range.