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How India fares in the electric vehicle race

How India fares in the electric vehicle race

Electric motors where build before Internal Combustion engine (IC). The evolution of the battery technology was missing. So instead of working on that we created a much bigger problem. We have been using IC engine from almost 140 years now due IC technology. We have cause a lot of damage to the ecosystem. That’s where Tesla motors came into picture and introduced EVs.

But where does India stand in the race?

After 2018 Auto Expo, it is not a surprise that India is heading towards 100% electric.

In Aug 2017, India’s state-owned Energy Efficiency Services Ltd (EESL) gave Rs 1120cr order to Tata motors to meet 10,000 electric cars. It gave a message to all the peer companies that government is looking forward to EVs. EVs will replace petrol and diesel cars used by the government agencies which are around 50,000 cars. Government is also planning to go 100% electric by the year 2030. The Auto Industries Annual Conference 2017, Road transport minister Nitin Gadkari made an announcement to the auto makers. He stated that they don’t have other option but to switch to electric vehicles, whether they like it or not.

 

Support by GST

Also, there is a support of by Good and Service Tax (GST) market of EV. As a result, EVs will be tax at 12% instead of 28% like petrol and diesel vehicles. It is also in talk that it will go lower as much as 6%. Government is also offering benefits like zero input duties on electric vehicles just to influences the automakers to go electric.

Automaker Mahindra and Mahindra (M&M) says, “The thrust will come from the government and shared mobility providers. Yet the EVs are not viable for personal buyer right now. But it is just a matter of time.

Furthermore, Indian auto makers started acquiring electric technologies to compete in the market. Exports believe that with maturing Indian manufacturing, the EVs should become viable in coming years. Hence there is a global alliance between Suzuki and Toyota. Further the Indian market is taking the central stage for producing EVs. M&M has tied up with Ford while Renault, Honda motors, Mercedez-Benz, BMW and Volvo are also drafting there EV strategies for India. Bajaj auto is working on another business called Urbanite. This produces the new products like electric two-wheeler and three-wheelers. And will go for sales before 2020.

 

Problems:

  • One of the biggest problems could be power generation and electric supply. As per January 2018, we have produced 909 GU of electricity. It is less that the required 915 GU of which 66% is coming from fossil fuels.
  • At present the charging infrastructure in India is not very encouraging. Energy finance report of India has only 350 charging points where as USA currently have 48,000 plus charging points.  Without adequate charging unit infrastructure consumers as well as the automakers will face inconvenience.
  • There is a limit of range that acts as one of the largest disadvantage of EVs. They can run only for limited distance on a single charge. Consumers will not shift to EVs unless the basic requirement of charging station at a set distance is met. To meet this issue government has allotted sum of 14.000 crore to the national electric mobility mission plan.

So, with rise of Indian estimates population to reach over 600 million in 2030. Moreover the number of trips per day my increase to 500 million trips per day. So it is to meet this increasing demand, optimization of public demand, public transport. EVs are the better solutions which will help mobility and to control overall pollution. Further government could tackle the problems like price, range, charging point and consumer behavior. Then India can soon take lead in the EVs race.

 

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