We all have studied renewable & non-renewable resources of energy in our school time. At that time, I marked renewable resources with green marker and non-renewable resources with red one. Because, the green one is ecofriendly and red one is hazardous. But, sadly we are more dependent on non-renewable resources. Our country’s transportation system is totally based on fuels like petrol and diesel. Due to 2nd largest population country, the usage of gas is enormous. Which makes India the third-most polluted country in the world with an average PM2.5 concentration of 51.90. So, Its time to choose a new source of energy for transportation. Which should be ecofriendly and viable. Yes, I am talking about Electric Vehicles aka EVs.
why India needs EVs ?
I know the answer is obvious. To save the environment. But, there are other answers too that are more reasonable. EVs are not only saving the environment but, also saving the consumer’s pockets. I know the prices are high for buying the EVs. But look at the bright side, we don’t have to pay that much as the gas prices for recharging. Let me list down the benefits of using EVs.
- Zero carbon emissions
- No congestion charge
- Lower running costs
- Renewable electricity tariffs
- Reduced noise pollution
- Increased resale value
We have to make people understand, EVs hold the key to permanent solutions of a better, cleaner India for the sustainability of its populace. During the pendency of COVID-19, we watched how the environment improved due to lesser emissions from petrol and diesel-run vehicles and industries in India. In many cities, the smog completely vanished. In many parts of India, people could even view distant mountains that had been impossible for them to see for decades due to the atmospheric hindrances created by the emission of the smoke from gas running vehicles.
Challenges associated with EV tech.
The fever of EVs has started years ago. But, India hasn’t adopted it properly till now. You can see the two wheelers on the roads casually. But, there are no traces of four wheelers like electric cars on the road. It is still a rare incident to see an electric car on the road. This is due to the lack of manufacturing infrastructures in our country. Some of them are listed below.
Battery Manufacturing: India can’t produce lithium and cobalt which is major part of battery manufacturing. So, India has to import the batteries. In year 2021, India has imported more than $1 billion worth of lithium ions cells as per the govt. data.
Lack of charging stations : I makes it unsuitable for the consumers in covering long range. Moreover, it takes up to 12 hours for a full charge of a vehicle at the owner’s home using a private light-duty slow charger. Also, the cost of a basic electric car is much higher than the average price of a car running on conventional fuel.
Lack of Technology and Skilled Labour: India is technologically deficient in the production of electronics that form the backbone of the EV industry, such as batteries, semiconductors, controllers, etc. EVs have higher servicing costs which require higher levels of skills. India lacks dedicated training courses for such skill development.
Unavailability of Materials for Domestic Production: Battery is the single most important component of EVs. India does not have any known reserves of lithium and cobalt which are required for battery production. Dependence on other countries for the import of lithium-ion batteries is an obstacle in becoming completely self-reliant in the battery manufacturing sector.
EVs as way forward
As per a recent study, electric vehicles (EVs) market is expected to be worth around at least ₹475 billion by 2025. The penetration of electric two-wheelers is projected to reach up to 15% by 2025 from 1% currently. Country like Norway is using 74.8% of electric vehicles right now. Isn’t that great? Yes it is. Thanks to the big Industries like Tesla (Elon), that highlighted the concept of electric cars to the world. Some Indian companies are making EVs too like Ather, Ola, Mahindra and Tata motors. I personally like Ather, checkout that two wheeler is amazing.
So, this is all about the future of Electric vehicles in India. You can check our other articles too like 10 Amazing Growth Books To Eat Out Before Your Business.