Uploaded on Jul 16, 2020
PPT on Future of Electric Vehicles in India.
Future of Electric Vehicles in India.
Future of Electric Vehicles in India Introduction India's emphasis on next-gen mobility has undoubtedly taken up legs under the current government, but under the previous Congress-led government, the 'National Electric Mobility Mission Plan (NEMMP) 2020' was originally launched in 2013. That puts the concerted efforts for green mobility and electric cars across the aisle into perspective. Types of Models 1. Solar powered hybrid vehicles and battery cars 2. Hybrid electric cars powered by a combination of batteries and internal combustion 3. Electric cars also known as hybrid electric vehicles (BEV) with integrated battery packs Source: Car Anatomy Scope in India 1. Zoomcar founder Greg Moran added that the younger generation is motivated by creativity, sustainability and environmental protection with the median age of the Indians being 27 years. 2. At the same time , numerous existing conglomerates and startups ensure indigenous product availability by manufacturing cars, parts, and batteries together. Advantages over Fuel Vehicles 1. On average, from the fuel and maintenance viewpoint, electric cars are 75-80 per cent cheaper, which is an significant factor for many high-use customers. This reality holds true through form factors, as charging a battery is considerably cheaper than refueling a conventional liquid fuel tank. 2. In fact, EVs have 75-80 per cent fewer moving parts, which essentially results in a much smaller maintenance bill. 3. EVs also hold an intrinsic advantage over and above the robust running cost angle when it comes to efficiency and drivability. Source: Car Anatomy Current Challenges 1. Charging infrastructure 2. Battery performance 3. Supply-demand gap 4. Creating the closed-loop Battery Performance In India, batteries must become far more durable in order to compete better with the internal combustion engine vehicles. The Hyundai Kona electric currently has the highest range of 452 km available on a single charge among electric cars in India, which may change in coming years. Bridging the supply- demand gap Another big obstacle preventing today 's wider adoption of EVs is the fact that the range is very small, thereby restricting the use-cases for electric vehicles. Once, this is largely solved by scale as it is a more supply-friendly game that accommodates bigger, more cost-effective batteries that have a better total range. Source: Pixabay Closed-loop mobility ecosystem In addition to the charging network, manufacturers would also need to set up a comprehensive supply chain to make the shift viable at their end. Furthermore, recycling stations for batteries will need to recover the metals from batteries used in electrification to create the closed loop required for the shift to electric cars to be an environmentally sound decision, even after electric vehicles have aged. Source: Project Breakthrough Government’s Role • Unique policy steps for combustion engines, such as cutting GST on EVs to 5% versus 28% • INR 1.5 Lakh tax exemption on electric vehicle purchase loans • INR 10K Crores allocated to FAME II to standardize electrical mobility • Union cabinet has suggested exemption from customs duties on some EV components including electric drive assembly, on-board battery, e- compressor and charging piston to minimize costs • To identify the value chain, a five-year phased development plan (PMP) was introduced by the cabinet until 2024. Manufacturer’s Role • Cost Optimization • High Quality Standards • Increasing Domestic Manufacturing • Reduce The Total Cost Of Ownership • Leveraging Tech To Reduce Range Anxiety THANK YOU
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