MACHINERY LUBRICATION- INDIA MARCH-APRIL 2020 | Page 34

Jhumpa Mukherjee | VAS Tribology
REPORT
How Far is India’s
EV Dream?
India has boldly announced its intention
to move towards 100 percent electric
vehicles (EVs) by 2030, following the Paris
Agreement 2015. The Paris Agreement is a
landmark environmental accord that was
adopted by nearly every nation to address
climate change and its negative impacts. As
per the data, India has a long way to go. For
example, the number of electric cars grew
by about 300 percent in the last decade.
However, the absolute number is only
around 4,000 electric cars on Indian roads,
which is just about 0.1 percent of around 3.5
million cars sold in 2019.
India is a market that provides an incredible
opportunity in the EV space—just like it
does in petrol and diesel car segments.
Recently, the GST Council reduced the
taxes on EVs from 12% to 5%. Similarly,
Phase 2 of the Faster Adoption and
Manufacturing of Hybrid and Electric
vehicles (FAME) scheme is now gathering
momentum. The government is looking
to tighten the Corporate Average Fuel
Economy (CAFE) norms, in a bid to push
automakers to increase production of
electric vehicles. Even at this year’s Auto
Expo, electric vehicles were clearly the show-
stoppers.
32 | March - April 2020 |
T houg h Government is doing
commendable work in creating an
empowering environment for EVs, most
of the manufacturers are yet to establish
a proper ecosystem for developing and
manufacturing electric vehicles in India.
Let’s put some light on the challenges EVs
are facing in India. ministry of power, the government of India,
Energy Efficiency Service Limited (EESL) is
a public service energy and infrastructure
provider that focuses on implementing
energy efficiency programmes for public
projects and public-private partnerships.
REQUIREMENTS OF EV
CHARGING STATIONS All the Original Equipment Manufacturer
(OEM) companies are trying out different
solutions. They themselves are in a learning
phase when it comes to which concepts
are reliable and suitable for the future. As
the future demands completely electric
vehicles, the development of engine oil
must continue. When the development of
To meet the charging requirement for 20
Lakh electric cars, India needs about 4
Lakh charging stations installed by 2026.
Currently, India is said to have around 300
public EV chargers compared to 57,000
petrol pumps. A joint venture under the
www.machinerylubricationindia.com
LUBRICATION
CHALLENGES