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The New Era of Mobility

By Niranjan Mudholkar,

Added 25 April 2018

EVs are a reality in India and will be ushered in the years to come, says A M Devendranath, Vice President and Head (Energy Practice), Feedback Business Consulting.

Many believe that India's EV time has arrived. What is your opinion? What are the things that will work in the favour of EVs in India? Which are the areas that require a lot of work?

EVs are a reality in India and will be ushered in the years to come - this is largely driven by Global developments in EVs and how the world market is moving toward EVs and not ONLY about local developments. Also added to this, are the growing demand drivers from India such as our need to reduce GHG and the huge imports of crude oil. EVs will come in a big way as a result of all these forces.

The aspects which work for India is the most essential part of our Auto Industry being a key economic pillar for India. Due to this fact the industry by itself and the Government will ensure that this major economic contributor is not disturbed much by global EVs coming into India and we will see our industry adapting to EVs much faster than one can see. We have already seen an evidence of the same in Auto Expo this year where the flavour was on EVs.

There are obviously lot of areas which need work here-starting from making sure our Auto Industry and Auto components industry migrate to EVs gradually, the setting up of EV charging infra is the next big challenge, the support systems required to manage this new ecosystem and most importantly to ensure that India takes off in the battery manufacturing business and not be too reliant on imports in this aspect from a long term perspective. There is also a crying need to have a stable long-term policy stability that is required to nurture a new industry like the EVs.

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