07/06/2021 - Government Policies

KEY POINTS

·        Both the Centre and the states have shown resolve to push electric-vehicle (EV) adoption, which ties in well with India’s climate ambitions.

·        Karnataka lowered land-acquisition costs for EV-component manufacturers, Delhi government had announced a slew of incentives, including subsidies for purchases and road tax waivers.

·        Centre’s Rs 18,000-crore Productive Linked Incentive scheme for battery manufacturing should spur large-scale battery manufacturing in the country.

·        ICRA says electric two- and three-wheelers will constitute as much as 40% of the new vehicle sales in three years.

·        India allows numerous charging connector standards (for fast-charging) which can be challenging for interoperability and thus lead to sub-optimal use of infrastructure.

·        Given the dynamics in India, there is also a need to work on contactless charging, quite like what is being done in China and South Korea.

·        The other aspect of the EV ecosystem that needs immediate attention is connecting charging infrastructure to renewable power.

·        Even natural gas is no great substitute, since the life-cycle greenhouse gas emissions don’t significantly differ between a battery-operated EV and an ICE-operated (fossil-fuel consuming) vehicle in such a scenario.

·        If the government really wants to put India among the EV leaders, it will need to ensure that it gets it right on both charging infrastructure and energy mix for charging stations.

Kindly review and provide suggestions for improvement

kindly review and provide suggestions sir/mam

Kindly review 

Kindly review 

Thank you.