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EV Adoption Boost

Adoption of high speed rails can aid in growth of India’s EV adoption rate like China

Adoption of high speed rails can aid in growth of India’s EV adoption rate like China

Adoption of high speed rails can aid in growth of India’s EV adoption rate like China

To enhance the electric vehicles penetration in India, it has to expand its high-speed rail networks like China. In the year 2008, China adopted EV high-speed trains. One of the reasons for the country’s successful EV adoption which stands at 48 percent. Adoption of high speed rails running on batteries will aid in reducing concern about running out of battery due to lack of charging infrastructure in the country. It will help in better travelling for people in terms of reliability and convenience. Additionally, it will promote a strong relation between growth of high-speed train network and EV market growth in the country.

 

China’s EV adoption

As per the latest study of 328 cities in China for the period of 2010 to 2023 indicates strong relation between EV and high-speed train networks. Currently, China has a remarkable success in terms of EV vehicles which accounts for 48 percent. This large share includes hybrid vehicles as well as its extensive high-speed trains. 

In the year 2008, China started its first EV train which currently covers 96 percent of the region with the capacity of 500,000 and more. In the year 2014, Tesla came and started to develop EV vehicles. The country successfully achieved 22 million EV cars running on its roadways by the year 2023. It is higher than the half of the international EV trends in the world. 

Though, EV penetration was not at the same level in all parts of China. The cities connecting to the high-speed rail network recorded higher adoption of EV vehicles than other regions. It resulted in expanding the EV market by about 1.22 percentage points and sales volumes by 91.39 percent. 

India’s EV adoption

In India, the auto market recorded lower than 3 percent of EV cars sold in the previous financial year. The reason for this is the lack of availability of charging infrastructure in the country which accounts to 25,000 leading to discouraging consumers to buy electric vehicles. Even the auto manufacturers faced the issue of insufficient incentives to build extensive charging stations networks like China which account for around 3 million charging stations. In India, EV car owners charged their cars at home. It seems fine but it is good in terms of driving in the city only. When it comes to driving long distances, there is always anxiety among consumers about running out of battery. 

Railway Infrastructure in India

India largely considers highways as its prominent transport infrastructure. The country has had railways since British rule and today its infrastructure and development suffers from underinvestment. The express service via railways in India only accounts to average speed of 32 miles per hour in the period of April to November 2023. The speed of regular trains in India is about 22 miles. Compared to this, the speed of railways in China is 10 times faster. Further, it plans to accelerate to more than 31,000 miles in the current year. 

India plans to launch its first bullet train connecting Mumbai and Ahmedabad which is still in work-in-progress phase. It is projected to be completed by the year 2026. 

 

In recent times, there is a possibility of India contracting its import duties on auto due to the rising pressure of tariffs from the USA. Additionally, Tesla is planning to launch some cars in India in the near term. It will lead to higher competition in the EV market in India. In present times, the EV market is strongly dominated by companies like Tata motors and JSW MG Motors which account for 58 percent and 25 percent of EV market share, respectively. 

Apart from Tesla, companies like BYD and Suzuki are also planning to expand EV models in India. It is projected to lead to growth of the EV market in India to the level of the European or American EV market which is in the range of 10 to 25 percent. Though, there is a long way for India to reach at the level of China’s EV market which is currently positioned at 45 percent. 

In conclusion, EV high-speed rails can act as a great push for higher adoption of EV in India along with the prevailing tax rebates and subsidies in the country. 

 

The image added is for representation purposes only

GDP likely grew by a median 6.3% in Q3, slightly higher than RBI’s 6.2% estimate

 

 

 

 

India Readies Rs 25,000 cr boost for its electronics components industry

India Takes Standardised road to Charge up EVs

India Takes Standardised road to Charge up EVs

Introduction:


India is taking a standardised approach to electric vehicle (EV) charging in order to boost the adoption of EVs in the country. The government is preparing to introduce a standardised charging protocol, which would allow users to charge their EVs at any available charging station nationwide.

The Need for Standardisation:


Currently, there is a lack of uniformity in EV charging infrastructure in India. Different
charging stations use different connectors and charging standards, which can be confusing and inconvenient for EV users. This lack of standardisation has also been a barrier to the adoption of EVs in India.

This action has been prompted by significant concerns raised by influential players within the industry regarding the lack of consistency in electric vehicle (EV) charging infrastructure. This inconsistency has led to complications in achieving interoperability.

The government’s plan:


A senior government official has stated that the primary aim is to establish standardized
protocols that can be universally adopted within the entire EV sector. The proposed solution involves either implementing a singular charging standard that is applicable to all types of EVs or, as an alternative, introducing two distinct standards: one for two-and three-wheelers and another for four-wheelers. It should be noted that the prevailing consensus appears to favour the latter option.

India faces a significant challenge in building an extensive network of public and community EV charging stations, especially in major metropolitan areas, as the adoption of electric vehicles, particularly two-wheelers, continues to grow.

The Ministry of Power has outlined five primary categories for EV charging infrastructure, including Electric Vehicle Supply Equipment (EVSE), which provides the necessary equipment for EV charging, Public Charging Stations for widespread access, Battery Charging Stations for recharging discharged or partially charged EV batteries, Captive Charging Stations under the control of station owners, and Battery Swapping Stations where electric vehicle owners can exchange their depleted batteries for fully charged ones.

As of the end of 2022, India had 2,700 public charging stations with 5,500 connectors available for electric vehicles (EVs). Counterpoint Research predicts that by the close of 2025, India is likely to increase its public charging stations to 10,000, but there’s a considerable challenge ahead to reach the estimated requirement of around 20.5 lakh charging stations by 2030, especially as EV sales need to surge in the meantime. Raghav Arora, the Co-Founder and CTO of EV charging solutions provider Statiq, points out that as the demand for EVs continues to grow significantly, the need for accessible and affordable public and community charging stations will also increase. Personal charging stations with the necessary capacity might not be a feasible solution for many. Statiq has an existing network of over 7,000 chargers across more than 60 cities and has ambitious plans to install 20,000 EV chargers throughout the country in the fiscal year 2023. They are actively collaborating with public sector undertakings (PSUs), corporations, and EV fleets to provide suitable charging solutions and ensure smooth operation within their respective areas. Additionally, they are setting up community charging stations in urban housing complexes at no cost. In recent years, EV sales in India have been consistently reaching record levels, reflecting changing consumer attitudes toward electric mobility. By 2025, the market share of electric
passenger vehicles in India is expected to surpass 6%. The three-wheeler segment currently leads the market with a 4% share, followed by two-wheelers at 3.5% and passenger vehicles at 1.3%, according to Soumen Mandal, a senior research analyst at Counterpoint specializing in IoT (internet of things), automotive, and device ecosystems.

The Indian government has been actively promoting the electric vehicle (EV) industry through initiatives like FAME-I and FAME-II, with a particular emphasis on expanding the charging infrastructure. They have set ambitious targets to electrify different vehicle segments, aiming for 70% of commercial vehicles, 30% of private cars, 40% of buses, and 80% of two-wheelers and three-wheelers to be electric by 2030.

Sohinder Gill, CEO of Hero Electric, shared that their company is committed to enhancing the EV charging network by collaborating with various EV technology firms such as Statiq, BOLT, Charzer, Massive Mobility, and Log9 Materials. They plan to install over 1 lakh charging points across India. Additionally, they aim to leverage this infrastructure to jointly develop electric vehicles, incorporating insights from the Indian market and their own research and development capabilities, in order to advance the electrification of India’s mobility sector.

It’s worth noting that the current state of India’s EV market has limited capacity for fast
charging electric vehicles. However, looking ahead, there will be a growing need for public fast-charging infrastructure, supplemented by AC chargers with capacities ranging from 3-22kW at workplaces, shopping centres, and restaurants to support the evolving charging needs in India. The government is currently consulting with industry stakeholders to get their feedback on the two options. The final decision on the charging standard is expected to be announced soon

Benefits of Standardisation

• EV users will be able to charge their EVs at any available charging station, regardless
of the make or model of their vehicle.
• Standardisation will lead to economies of scale, which will reduce the cost of
manufacturing and installing charging stations.
• Standardisation will make the Indian EV market more attractive to investors, which will
lead to increased investment in EV charging infrastructure.

 

Conclusion


The standardisation of EV charging in India is a positive step that will boost the adoption of EVs in the country. The government’s plan to introduce a standardised charging protocol is a welcome move that will make it easier and more convenient for people to use EVs.

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