BIKERS CLUB DECEMBER 2019 ISSUE | Page 40

CURRENT AFFAIRS COULD ELECTRIC VEHICLES BE A DREAM TURNED REALITY FOR INDIA ? INDIA'S transition to electric mobility is not only about showing support to United Nations Conventions on Climate Change but also fighting air pollution and reducing our dependence on import-dependent fossil fuel, it's also about augmenting jobs, growing the economy, creating the necessary infrastructure for supporting ICE (Internal Combustion Engine) and BS 4 (Bharat Stage 4) and retaining a competitive global advantage by creating an enabling environment for ICE and electric vehicles to co-exist while allowing transition to EV. While India is operating in the same global context as other countries who have adopted an EV policy, it has a unique mobility pattern which other countries do not share. an EV policy for India must be tailor made to India's particular needs. While vehicle growth in India is rapid, ownership per 1000 population has increased from 53 in 2001 to 167 in 2015, a key difference between India and other countries and the types of vehicles being used. India uses a large variety of motorized transport on roads and it's auto segments are quite different from that of most of the world. Based on the last six years of sales data, the vehicles on Indian roads are estimated to consist of (1) Two-wheelers : 79 % of the total number of vehicles. (2) Three-wheelers : Including tempos : 4 % of the total number of vehicles. (3) Buses and large goods vehicles like trucks : 3 % of the total number of vehicles. (4) Economy Four-wheelers (cars costing less than RS 1 million) : 12 % of the total number of vehicles. (5) Premium Four-wheelers (cars costing higher than RS 1 million) : 2 % of the total number of vehicles. In India premium four-wheelers (cars) are only 2 % of the total sales. However, most advanced technologies are available in this category in global markets. In the near term, India should foster early adoption of vehicles by premium customers which will pave the way for consumer comfort with electrification, raise aspirations for indigenous products and make advanced technology available in the market. The presence of world-class technology will help India build a world-class ecosystem for high-quality component and subsystems usable for all kinds of vehicles. In longer term, India should establish technological and manufacturing leadership in the economy segment of the market. The prevalence in India of small vehicles such as two- wheelers, three-wheelers, economy four-wheelers and small goods vehicles require a unique set of technological and industrial capabilities. Here, India has an opportunity to take a leadership role in the electrification of small vehicles. India's potential volumes for these vehicles as the nation grows, lays the foundation for transformational manufacturing and industrial policy. That focuses on the development of technological expertise and industrial capabilities in the production of small electric vehicles which cannot only meet domestic demand but can also place India in a position of global leadership. As other countries begin to look at smaller vehicles with appropriate specifications, India can establish a position of leadership based on domestic demand. Beyond significant domestic for smaller vehicles, another aspect of the Indian mobility market is supportive of electrification; it's high level of sharing. Shared mobility in India has exploded. changing the way India travels. Taxi aggregators such as Ola and Uber increases from 130 million rides in 2015 to 500 million rides in 2016, leading radio taxis to account for 72 % of the overall market. This high penetration of shared mobility in India increases both vehicle utilisation, which plays to the economic advantages of EVs, and also creates natural and large-scale purchases of EVs. MAKING EVS ECONOMICALLY VIABLE : The limiting factor of batteries on driving range may be addressed by developing an ecosystem of fast-charging or swapping of batteries. This can be achieved by creating requisite infrastructure, possibly even every kilometer, in dense areas. As a result an important question arises as to what kind of strategy can make EVs, especially small vehicles, economically viable. The general strategy should address two key variables affecting the costs of EVs; battery costs and fiscal policies that either increase the costs of an ICE vehicle or decrease the costs of an EV. Broadly speaking, approaches exist to reduce battery costs - reducing the number of batteries that an electric vehicle needs and making batteries cheaper on a per kilowatt-hour basis. For the first approach, reducing the batteries needed for a given EV, there are two key pathways : (1) Providing charging infrastructure : The limiting factor of batteries on driving range may be addressed by developing an ecosystem of fast-charging or swapping of batteries, by creating an infrastructure, maybe even every kilometer, in dense areas. A smaller battery will lower costs by reducing the total weight of the vehicle, resulting in higher energy-efficiency and improved ability to upgrade as the technology evolves. Charging infrastructure can be rolled out on a city by city basis with select cities and regions leading the transition. This would be consistent with global experience where 33 percent of all EV sales take place in only 14 cities where charging infrastructure is widespread and convenient to use.