02 August, 2019
Need For EVs in India :
Problem of rapid global temperature increase has created the need for a reduction in the use of fossil fuels and the associated emissions.
India has committed to cutting its GHG emissions intensity by 33% to 35% percent below 2005 levels by 2030.
Economic development leads to rapid urbanization in emerging nations as rural populations move non-agricultural sectors in cities creating environmental problems.According to a recent study by WHO, India is home to 14 out of 20 most polluted cities in the world. EVs will help in tackling this problem by reducing local concentrations of pollutants in cities.
India imports oil to cover over 80 per cent of its transport fuel.
EVs can reduce dependence on imported crude oil promoting India’s energy security.
It will encourage cutting-edge technology in India through adoption, adaptation, and research and development.
EVs manufacturing capacity will promote global scale and competitiveness.
The promotion of EVs will facilitate employment growth in a sun-rise sector.
Clean and Low carbon Energy
The shift towards renewable energy sources has led to cost reduction from better electricity-generating technologies. This has introduced the possibility of clean, low-carbon and inexpensive grids.
Challenges for EV Industry in India:
Lack of a stable policy for EV production: EV production is capital intensive sector requiring long term planning to break even and profit realization, uncertainty in government policies related to EV production discourages investment in the industry.
Technological challenges: India is technologically deficient in the production of electronics that form the backbone of the EV industry, such as batteries, semiconductors, controllers, etc.
Lack of associated infrastructural support: The lack of clarity over AC versus DC charging stations, grid stability and range anxiety (fear that battery will soon run out of power) are other factors that hinder the growth of the EV industry.
Source: The Hindu
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