Group 14 SCE PRESENTATION
Influence of Electric Vehicles on
Automobile Sector in India
Mane Sushant D. 451065 21920091
Lohar Ravi R. 451066 21920101
Shelke Vivek C. 451067 21920106
Khule Balkrishna S. 451068 21920127
Presentation Contents :
■ Brief Introduction.
■ Why the need.
■ Market Scenario.
■ Challenges.
■ Government Initiatives.
■ Measures to boost the industry.
■ Future Prospects.
■ References.
Brief Introduction :
■ An electric vehicle, also called an EV, uses one or more
electric motors or traction motors for propulsion instead of
the traditional fossil fuel.
■ First electric automobile was built in 1891 in the United
States by William Morrison.
■ Electric vehicles will play a pivot role in changing the
environment and economy around the globe in the next two
decades.
■ Types :
1.Battery EV
2.Hybrid EV
3.Plug-in Hybrid EV
4. Fuel Cell EV
Why the Need ?
■ Fast depletion of fossil fuel.
■ Usage of EV will result in significant reduction in air pollution
(CO2emission) as transportation accounts for one third of all energy usage.
■ With rapid urbanization around the globe electric vehicle is the need of the
hour to serve everyone.
■ Energy is not consumed while the electric vehicle is stationary, unlike
internal combustion engines which consume fuel while idling there by
making it energy efficient.
■ Facilitate employment growth in a sun-rise sector.
EVs in India :
Market Scenario
■ Presently, EV market penetration is only 1% of total
vehicle sales in India, and of that, 95% of sales are
electric two wheelers.
■ GOI has a set a target of 30% electric vehicles on Indian
roads by 2030 to combat pollution.
■ Currently India has only 150 charging stations. GOI has
recently sanctioned setting up of 2636 number of
charging stations across 62 cities in India which will
reduce range anxiety to a considerable extent.
■ Phasing out of combustion engine vehicle is at the initial
stage to encourage purchase of eco-friendly electric
vehicle.
Challenges :
■ The average on-road price of electric vehicles in India is
not attractive enough for consumers.
■ Inadequate charging infrastructure.
■ Range anxiety among consumers.
■ Inadequate electricity supply in parts of India.
■ Lack of quality maintenance and repair options.
GOI Initiatives to Boost EV Industry :
■ The Government of India started Faster Adoption and Manufacturing of
Hybrid and Electric vehicles (FAME) w.e.f 1st April 2015 – I & II
scheme which provides financial incentives for attractive EV
production and creation of electric transportation infrastructure.
■ The National Mission for Electric Mobility (NCEM) has launched the
National Electric Mobility Mission Plan (NEMMP)-2020 with an aim
to invest INR 140 billion in the next 8 years for the development of
electric infrastructure.
■ Recently the Government released a two-pronged strategy aimed at
both buyers and manufacturers, in which it offers
$1.4 billion in subsidies to buyers while imposing a hike on import
tariffs to increase manufacturing of these vehicles by
domestic companies.
■ The Power Ministry is close to finalising a policy for electric vehicles
charging infrastructure that proposes granting subsidies to PSUs for
setting up a basic charging station network in big cities and highways
for gaining momentum in electric vehicle sales.
What India needs to focus on to boost
EV Industry :
■ India must develop strong Research and Development (R&D)
capacity leading to commercialization in Electric
vehicle ecosystems keeping in mind ‘Make in India’ goal.
■ Rolling out incentives to the consumers for purchasing EVs as well
as to the manufacturers/traders in the form of
tax benefit/tax discount.
■ The charging infrastructure should be rapidly developed.
Installation of chargers should be allowed on street
parking, parking lots and any public charging space.
■ A model that brings together IITs, young and talented #startups,
private manufacturing and CSR could be put in
place.
Future Prospects :
■ The future of mobility promises to be silent, efficient,
and much better for our environment.
■ Public procurement is expected to be an important driver of growth in the coming years, with the
purchase of four-wheeler vehicles for government offices, three-wheeled vehicles and buses for
public transport.
■ Investments by fleet operators such as Ola and Uber, as well as some operators of food
distribution services, are also expected to boost the initial growth of two- and four-wheeled electric
vehicles.
■ If the government's 2030 targets are met, India could save Rs. 8 lakh crore on gasoline and diesel
imports for the industry during the period considered, after considering a certain level of batteries.
■ The geography and diversity of India will present problems that need to be addressed jointly by
GOI, tech start-ups, manufacturers and investors.
References :
■ A review on barrier and challenges of electric vehicle in India and vehicle to grid
optimization by Sonali Goel, Renu Sharma, Akshay Kumar Rathor.
■ Present and Future Trends for Electric Vehicles in India Journal-CASS studies
,Volume 3 Issue 1-special ,2019.
■ https://auto.hindustantimes.com/auto/news/indias-roadmap-for-electric-vehicle-c
hallenges-and-advantages-41623322806083.html
THANK YOU
