Will LSEV (low speed electric vehicle) sales be highest selling segment for India
The national strategy of building a base of industrial competitiveness founded on “new-energy vehicles” (a classification that includes pure electric, electric hybrid and other forms of alternative energy vehicles), China is currently a huge laboratory for the development of alternatives to vehicles powered by the internal combustion engine. The same is now becoming a contagious thing for India.
The typical LSEV is composed of an accelerator, brakes, steering wheel and a lead acid battery pack. Gearshifts, air-conditioning and safety equipment are omitted to reduce the total costs. The electric motor is connected directly to the speed controller and most models do not have a sophisticated battery management or motor control system. A typical LSEV has a top speed of between 40 and 70 km/h, the dimensions of a compact car and weighs less than 1,100 kg. Depending on the number of battery packs, it has a cruising distance of 80 km, 100 km or 150 km, and costs between 3.5 lakh and 7 lakh.
There are two main variants. The first is based on a golf cart, which has the advantage of low cost and a simple product platform.In the second type of LSEV, the car body is often purchased directly and is identical to that used in small cars.
An example of LSEV
This LSEV(3 person) sports a basic less than 40 kmph speed with range of 80–100 km and Costs 3000 usd without the AC.
With Air Condition this LSEV(in pic) will cost 3650 USD.
The charging time for these vehicles from home based chargers will be 5–8 hours.
Currently import duty on LSEV vehicles from China will be between 26.51% to 36.42 %. If the vehicles are imported in CKD or SKD mode, the import duty can be reduced.
