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Published:Thursday, January 30, 2020 10:56 AM

Electric Vehicle Market Picking Momentum: Charging Infrastructure is still a Stumbling Block

Electric Vehicle Market Picking Momentum: Charging Infrastructure is still a Stumbling Block

India is among the most polluted countries in the world as 22 out of 30 most polluted cities exist in India. Atmosphere in cities like Gurugram, Delhi and Faridabad have become worse in some specific seasons. Transportation in urban areas is the major issue of bad climate in cities. Considering this as severe problem, Government of India set a goal of reducing oil dependency and promote Green mobility. Electric vehicles promises zero emissions and can help in reduction of air pollution in cities. The Indian government has created momentum through its Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) schemes that encourage, and in some segments mandates the adoption of electric vehicles (EV), with a goal of reaching 30% EV penetration by 2030.
 
State wise different approach
 
To scale the deployment of EVs, country authorities and nearby transport government are critical. To supplement this central authority thrust, 10 states and union territories have published draft or very last regulations aligned with the financial and demographic realities of every region.
 
Varied methods had been taken. For example, given Delhi’s air pollution troubles and status as a high-employment hub, Delhi’s policy objectives the components of electric vehicles that have finished parity in terms of existence cycle and total cost of ownership with internal combustion engine (ICE) vehicles. It also ambitions to create jobs for battery swapping operators. Karnataka, meanwhile, with technology hubs like Bengaluru, aims to become an EV production hub and to invest in research and development for battery manufacturing. Kerala is specializing in electric trains, electric powered buses, and on the use of energy-efficiency systems. Tamil Nadu, lauded for its complete policy, has additionally created an EV challenge capital fund whilst supplying tax exemptions for manufacturing and land subsidies, as nicely as allotted parking areas for EV in commercial spaces. Every state has a different method to solving its own environmental challenges.
 
A combine Push for Faster adoption
 
According to a survey in May 2019 if  appropriate infrastructure is in place 90% car owners in India are willing to switch to EVs. At present, however, EV market penetration is only 1% of total vehicle sales in India, and of that, 95% of sales are electric two-wheelers. The automotive enterprise gamers and charging infrastructure, batteries and mobility service vendors have taken numerous movements to ramp up industry action.  
 
To meet the government's new Bharat Standard-VI emission regulations will Cost the car industry an anticipated INR70 billion - and with the mandate to update conventional inner combustion engines within the next five years, corporations are feeling the burn on their balance sheets. Battery producers which includes Amara Raja are taking concrete steps toward improving its studies and development skills to expand battery packs for electric mobility. Indian Oil, National Thermal Power Corporation and Tata Power have large plans to proliferate electric powered charging stations at some stage in cities.
 
On the infrastructure side, Guidelines and standards for charging stations have been published, as have amendments to model documents that help states and local bodies in urban areas with incorporating good enough charging infrastructure into buildings and concrete grasp plans. Funding for public charging infrastructure is also to be had underneath the FAME scheme.

Additionally, there is the recent approval of the National Mission on Transformative Mobility and Energy Storage, which pursuits to localize the entire EV cost chain. A phased production application for battery production at “giga-scale” is the highlight, and the intention is to have large-scale integrated mobile production potential in India via fiscal year 2021–22. For EVs to achieve value parity with traditional vehicles, constructing and scaling domestic battery production potential goes to be critical.
 
Key players and FDI
 
Top Companies are designing and testing products suitable for the Indian market with a key consciousness on two-wheelers and 3-wheelers. Ola, an Indian taxi company, has launched “Mission: Electric” to integrate 10,000 e-rickshaws and electric powered auto-rickshaws into its fleet. Recently Amazon India has made a commitment to induct 10,000 electric vehicles (EV) into its delivery fleet by 2025. Car producer Mahindra and Mahindra is investing INR18 billion over the next 3 years into EV manufacturing to ramp up its four-wheeler production. Other producers are forging partnerships with states to enhance their public transport systems. Some of the foreign players like Hyundai, Morris Garages (aka MG) and Volvo are coming with attractive cars with good range up to 300-400Km. Some of the light-weight motor vehicles producers along with Hero Motorcorp, Bajaj Auto and TVS remain unequivocally aligned with the government’s vision; however, they're offering a more cautious, clear and practical roadmap toward the adoption of EVs.
 
Way forward
 
Momentum may finally be picking up in the electric car segment in India, with more models set to hit the market in the coming weeks. New electric vehicle (EV) launches are expected from top manufacturers at next month's Auto Expo, including the first from the nation's biggest car maker Maruti Suzuki. But still India facing infrastructure and charging issue which can affect the pace of moment provided by manufacturing industry. Many private players need to be come into charging infrastructure with big push.

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