HOMEIndia News
| Shock and awe: India has a date with electric vehicles | Writer | Admin | |||
|---|---|---|---|---|---|
MUMBAI | NEW DELHI: In hindsight, 2017 may well turn out to be the watershed year for the Indian electric vehicles (EV) industry. After New Delhi said it would replace its entire fleet with the electric powertrain by 2030, about a dozen car makers have kicked off their EV plans.
It started with the Niti Aayog policy document on EVs, which defined a 15-year roadmap to attain complete electrification. Shared mobility providers such as Ola, Uber, and Zoom then began tapping into the EV portfolio of Mahindra, and New Delhi followed up by ordering 10,000 vehicles to upgrade the fleet at some of its agencies. Finally, the Bharat Stage Protocol for Charging was formed to build the framework for future charging stations.
Pawan Goenka, MD at Mahindra & Mahindra, says the evolution of EVs in India will take a different path when compared to China or Europe.
"The thrust will come from institutional buyers, the government and shared mobility providers. The EVs are not yet viable for personal buyers, but it is only a matter of time," added Goenka.
Goenka believes that state support makes electric three-wheeler and four-wheeler fleet viable. For buses and two wheelers, it is still an expensive affair.
Therefore, localising is key. Mahindra is both making cars and becoming a vendor for motors, power converters and electronics.
|
| No | Subject | Writer | Date |
|---|---|---|---|
| 169 | Coast guards of India and Korea to hold joint exercise off Chennai on April 5 | Admin | 18-04-03 |
| 168 | Lotte Chilsung Beverage taps India with Korean rice wine (2018-03-22) | Admin | 18-03-26 |
| 167 | Mahindra partners LG Chem for India’s EV push | Admin | 18-03-09 |
| 166 | Business Forum in India to Gather 500 Business Leaders | Admin | 18-02-13 |
| 165 | Shock and awe: India has a date with electric vehicles | Admin | 18-02-01 |
| 164 | Our technologies to keep empowering India in 2018: Microsoft | Admin | 18-02-01 |
| 163 | Winter Olympics 2018: Shiva Keshavan and Jagdish Singh make up two-man contingen… | Admin | 18-02-01 |
| 162 | Here's how consumers prefer to shop in India | Admin | 18-01-18 |
| 161 | LG Signature Series to Launch in India on Friday | Admin | 18-01-18 |
| 160 | India Will Outgrow China In 2018, But Must Invest In Next-Generation Value Chain… | Admin | 18-01-08 |