Electric vehicles will change the concept of Mobility
India has put in place a game plan for electric vehicles and its components like batteries to ensure clean cities, reduce imports and utilise solar power. Says, Amitabh Kant,CEO, NITI Aayog and te newer business models can be facilitated in this area by the start-ups.
Kant said, domestic battery manufacturing for electric vehicles provides a "massive market opportunity", which is vital for the country to help combat pollution, congestion, strengthen energy security and create newer jobs. Country's EV focus should mainly be on two-wheeler and three-wheeler vehicles and public transport.
New battery technologies like solid state lithium ion battery, sodium ion battery, and silicon based batteries are underdeveloped. India needs to vigorously pursue research and development and have a clear road map for manufacturing on a mega scale," he said Our objective is that we should first work on about 80 per cent of components of two and three-wheelers and buses and also push manufacturing of batteries in India.
New mobility solutions will reduce oil import costs, lower India's trade deficit and limit our vulnerability to oil supply disruptions.He further said, to create a unique eco-system to enable 'Make in India' to drive the movement for manufacturing in India.
"With batteries accounting for almost 40 per cent of total cost of EVs today, domestic battery manufacturing is a massive market opportunity for India to rapidly enable the transition to EVs," Kant said.
To facilitate charging infrastructure, Kant said newer models should be explored and start-ups must be facilitated in this area and Dholera is emerging as a very important township for this.