What is the future of Electric Vehicle in India?FEATURE  

The Indian Government has set a target to make Electric Vehicle Compulsory by the year 2030

Electric Vehicle

With the Prices of Petrol and Diesel going up day by day the Demand and importance of Electric Vehicle is seeing a significant raise, the Electric Vehicles has no connection with Petrol and Diesel at all and has ‘0’ emission and has no room for noise or air pollution and for which people don’t need to consider fuel price rise as it runs at the very low cost of 0.80p/km but hold on can you find Electric Vehicle near your House or Office, the answer will be Big No and that’s why this article title read ‘What is the Future of Electric vehicle in India?’

The Indian Government has set a target to make Electric Vehicle Compulsory by the year 2030 but still government hadn’t made any progress towards being Electric Vehicle nation. The Most important thing is that the Electric Vehicles could create $300 Billion Domestic Battery Market by 2030.

Electric vehicle Challenges

The average price of a car in India is too low, compared to other countries. The Affordable Car in India weather from Maruti, Tata are ruling Indian market. Electric cars as you know are highly priced compared to their diesel or petrol counterparts due to which people are not interested in buying EV car, for the Success of Electric car Vehicle it has to be under 10,000 USD Range about 7 Lacks. Example – The Mahindra E Verito, easily costs 10 lacs for the full option variant and at this range, one can buy a better car.

Right now only Mahindra is manufacturing electric cars and those cars have many problems like they are overpriced and it takes 8 hours to get fully charge. The Air Condition in those cars is also not working so great and it has a small battery range. The speed of EV Cars is just 80Km/hr which is very slow.

Electric Vehicle

India does not have many electric cars charging outlets so forget about long drive. Although people are not aware that there are already more than 50 power outlets in Delhi and Banglore where you can charge your electric vehicles but then Small city has no Electric outlet at all. Indian government already states that they are making 300 power outlets in Delhi itself which is more than petrol and diesel outlets

The Lithium Ion battery which is required to run electric vehicles isn’t being produced in India. In fact we don’t even have considerable Lithium reserves in India. And we would need it in huge masses. At present, we import it from countries like Bolivia, Chile and Argentina who got large reserves of lithium ores.

Government Subsidy

Electric Vehicle
Hyundai Ioniq Electric Car at Auto Expo 2018 India

Indian Government Proposes a Goal of 15% Electric Vehicles in Five Years. As per the Sources government has decided to offer a direct subsidy of around Rs 1.4 lakhs for each Electric Car Sold in India. It could be as high as Rs 4 lakh for high-end electric cars. At the same time, the subsidy will be capped at 20 percent of the cost of the EV, those buying from Tata and Mahindra. The Ministry of Finance has raised the subsidy on e-vehicles to 4,500 Cr under the FAME-II scheme from 700 Cr FAME–I Scheme

The Government Energy Efficiency Services Ltd (EESL) in 2017 offered 1120 Cr to TATA Motors Ltd for manufacturing 10,000 electric cars. The cars will be delivered in two phases. 500 cars were delivered in November last year, out of which 150 were manufactured by Mahindra and Mahindra Ltd, and the rest 9,500 is expected to roll out in this year and the coming years. All of these cars are meant to replace the petrol and diesel cars owned by the government

Karnataka government approved Electric Vehicle Policy which target of the policy is to acquire investments worth 31,000 Cr from the private and public sector which consists of infrastructure for Electric Vehicle charging zones — in airports, railway stations, metros etc.

Bharat Energy Storage Technology is setting up the country’s first thermal battery plant in Andhra Pradesh. The plant will initially have an annual capacity of 1,000MW and will be ramped up to 10GW in the next six-seven years.

Exide Industries and Sydney-based Ecoult are setting up a new lithium-ion battery manufacturing plant in East India named Ultra Battery.

Upcoming Electric Vehicles in India

If everything goes well, the Electric Vehicles Company will get benefit from Government Subsidy and will open the gate for Various Electric Cars in India which will result in reducing air pollution.

Electric Vehicle

Nissan Leaf – If it is Electric Vehicle than it should be Nissan Leaf the most successful Electric Car on the planet. It is the Best Electric car money can buy because it’s the perfect blend of Power, Speed, Mileage, and Price. Nissan Leaf can go upto 243Km in a Single Charge which you can attain in 8 hours and 30 min Charge will help you to go 144Km with 147HP including 8 Years Warranty. The price starts from Rs 16 lakhs.

Tesla Model 3 – It can go upto 500Km in Single Charge with 250Km/hr than insane. With 30 min, it gets charged for up to 273 km range. Its price could start from 35 lakhs in India.

You can also expect Electric Vehicle from Domestic Manufacture like – Mahindra New e-Verito, Tata Tiago EV, Nano EV and many more.

How to Encourage people to buy Electric Vehicle?

Electric Vehicle

Its not that easy that people will Dump their Petrol & Diesel car for Electric Vehicle but eventually it takes time but Government can encourage people to buy Electric Vehicle over the Petrol & Diesel Car with the Various policy like –

  • First and Most important is that Government should allot Subsidies on Electric Vehicles which is likely to happen in coming days
  • Public places like shopping malls, residential areas, commercial buildings and offices should be ordered to reserve 10% parking space for e-vehicles with charging points for each of them.
  • All the New Flats, Offices and Building should be constructed with a dedicated charging point for e-Vehicles.
  • Three year free parking should be offered for e-vehicles. Besides this, toll waivers would be awarded further.

NITI AAYOG has accepted some of the clause given above. Road transport minister, Nitin Gadkari already notified automakers in India to switch to environmentally friendly alternatives to petrol and diesel.

Electric Vehicles would partially solve the Air Pollution problem in India, If the government has to fully control & Reduce the air pollution in India then Government has to move to the road of generating clean energy. We cannot attain zero emissions until the source of electricity is not cleaned. Most of the electric power generated from coal and nuclear energy. So emission won’t directly come from cars, but rather from power plants. The government should move fully to Solar Power & Hydro-electrical Dam for producing the Green Electric Energy. Do Tell us about your thought in the comment section would you like to buy an Electric Vehicle?