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The above picture represents the potential environmental, technological, commercial and socio-

economic benefits of the mass adoption of electric vehicles. Direct jobs will be created in the auto
industry in manufacturing, research and development, and battery manufacturing. Indirect jobs will
result from the installation and maintenance of electric vehicle supply equipment. Which will bring
an up-gradation in living standards of people. As well the infrastructure of the country will also
develop with the development in technology

In addition to direct and indirect job creation, electric vehicles cost less to maintain and operate.
Every penny not spent on gasoline, or oil changes, or transmission fluid has the potential to go back
into the local economy. And somehow it will save our non-renewable resources which are on the
verge of depletion.

The electric vehicle ecosystem – and necessary infrastructure – expands far beyond what currently
exists for conventional vehicles. This represents both opportunities and challenges for automakers.
To succeed, automotive companies need to expand their existing ecosystem to include new partners
who also have a vested interest in the success of EVs.

These environmental, social and economic and all the other aspects are quintessential to the
uplifting of humankind into the modern era, so it is time for us to come forward and reinvent the
wheel.

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