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Introduction :-
The rupee’s dramatic depreciation in recent months has had an unexpected victim. The Indian electric vehicle (EV) industry has been hit hard.The reason for this is telling: local production of inputs for EVs is at just about 35% of total input production.Companies that are in the midst of processing orders for electric cars and buses will now see their production severely affected in terms of production costs.
This neatly sums up some of the challenges facing India’s e-vehicle push.Conventional Vehicular pollution contributes around 35 per cent of the total PM 2.5 emissions. Of the total vehicular pollution, 40 per cent to 45 per cent comes from two-wheelers and another 30 per cent to-35 per cent from four wheelers.The need to address urban pollution is urgent. Focusing on reducing contribution of vehicular pollution to overall urban pollution will help address the urgency.
“Faster Adoption and Manufacturing of Electric and Hybrid Vehciles in India”, popularly known as FAME India scheme for improving and increasing electric mobility in India. Government is providing Rs 437 crore subsidy to 11 cities under FAME India, for launching electric buses, taxis and three-wheelers. Effort is to significant boost to electric mobility with the aim to roll out a number of electric buses, electric three-wheelers and electric shared cabs for multi-modal public transport. It is envisaged that early market creation through demand incentive, in-house technology development and domestic production will help industry reach a self-sufficient economy of scale in the long run by around the year 2020.
Oppurtunities and Impact of transition to E vehicles :-
Causes for low performance of E Vehicle industry in India :-
NITI Aayog’s mobility plan :-
NITI Aayog recommendations in its report are as follows :-
Solution to the problem of non performance of EV sector :-
Comclusion :-
Environment-friendly EVs will reduce air pollution and thus contribute to the fight against climate change. As per NITI Aayog’s report EVs will help in cutting down as much as 1 Gigatonne (GT) of carbon emissions by 2030. The government should have a role. Instead of trying to pick winners, the government should focus on building an enabling business environment that supports research and innovation.Both Central and State Governments should support clean energy research in general. That way, the government does its part in steering the policy ship
By: Shashank Shekhar ProfileResourcesReport error
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