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<p>Rise in petrol prices this fiscal has upsurged demand for Electric Vehicles in India. It is estimated that fossil fuel would last few decades only and in this turmoil, consumers are likely to change their commuting machines to Electric Vehicles.</p> <p>Development in this segment is at nascent stages, various models are tried and tested at various levels to ascertain consumer proclivity and necessities. PGCIL along with Chennai Metro has planned to install charging stations at various metro station with capacity of 10 electric bikes &amp; 5 electrical cars. It is poised to trigger various Business Models, where electric vehicles can be rented at nominal rates to commute between the places. Conglomerates has already slinked into the Business and is probable to be successful. Small Private Players should also shift their focus on this segment and &nbsp;feast this embryonic business opportunity. Electric vehicles in coming years is expected to be mammoth success. &nbsp;</p>