EVWorldNews

Day: December 13, 2022

  • Krishan Pal Gurjar reveals steps about adoption of electric mobility

    Krishan Pal Gurjar who is the Union Minister for the Heavy Industries has reveled that the steps are being taken from the government towards addressing many challenges faced for the adoption of the electric vehicle acceptance.

    Also read : Lack of awareness about Electric Vehicle battery hurting market – (evworldnews.com)

    The minister in a reply in the Lok Sabha said that close to 7.5 lakh electric vehicles have been helped till the month of December 2022 through the demand incentive which amounts to close to 3200 crores. This has been done as per the Phase-II of the FAME India Scheme. Further, the MHI has also sanctioned 6315 e-busses to the 65 cities/State governments/STUs and other entities of governments. This has been done for the fast adoption and the manufacturing of the electric vehicles and hybrid vehicles in the country.

    There has been an allocation of 10000 crore for the next phase which is going to offer the support on both the shared and public transportation along with electrification. There are incentives which are provided to the buyers of the electric vehicles in the form of the upfront reduction in purchase prices

    He further mentioned the steps which have been taken from the government for addressing the challenges faced in the adoption of the electric vehicles in the country. Different policies have helped in making the electric vehicles at cost with the par with the ICE two-wheelers.

    The country has been in need for the reforms as there are different parts of this country are going through serious problems such as air pollution and population explosion. This is going to need to be controlled otherwise it would affect the health of the population in the market. The growth of the electric vehicles in the market will need a few more campaigns along with the awareness drives. Subsidies too will play a key role in the growth of the electric vehicles.

  • Lack of awareness about Electric Vehicle battery hurting market

    Electric vehicle battery recycling is an industry which has been booming off late and is a key factor about lowering the carbon footprint of the electric vehicles but close to half of the Americans are currently of the belief that the EV batteries are meant to be discarded after use. A study which has been carried out has revealed that close to 47% of the Americans think that the EV batteries are not recyclable. Over one-third of the people think that the Americans do not understand that the recycled batteries for the making newer electric vehicle batteries. Only a few of the Americans have an understanding that the critical materials in this can be recycled over without the loss of the performance. This is a major blow to the market which prides itself on the recyclability of the product.

    There are many myths which are prevailing for the electric vehicles which are stopping the growth of the market. The market experts are of the opinion that the myths and misconceptions about the electric vehicles and in particular about the recycling of electric vehicles has been hampering the industry. They feel that while the industry has been making great progress in terms of efficiency and the cost-effectiveness of the recycling of lithium-ion battery but these are only false narratives about the Electric vehicles which continue to go on. They are changing this by creation of an infrastructure which is going to make it unthinkable for letting the battery to go to dust as they are way too valuable.

    Also Read : Tesla is coming to Thailand to compete with BYD – EV World News

    There are studies which prove that the attitude of the Americans is a lot more positive than what it was earlier but the misconceptions still remain with regard to the Electric vehicle batteries. Overcoming this challenge is going to be critical for the growth of the electric vehicle battery market.

  • Cheap Chinese imports dent India focused electric vehicle policy

    The cheap imports which come from China are undermining the industry of Electric vehicle in India. Even with subsidies that come from government under the FAME II guideline that stipulate the 90% Indian made vehicles where Chinese imports are much cheaper which is a blow to the Electric vehicle policy of India. This had been stated by the companies which participated in the Biswa Bangla Mela Prangan.

    Ngage Impex Private LTD which is an Electric Vehicle maker from Howrah that sells the electric two-wheeler under the brand name Ronflant, assembles the vehicles in the plant at Jalan complex with the components which imported from China.

    The general manger Swarup Kundu said that they import everything from the batteries to tyres from China. It is a lot cheaper that way. China has been achieving a huge economies of scale and it can price its products a lot more competitively than the Indian products. To make the manufacturing profitable in India, there is a production which is at least the current capacity’s five times. As it has imported, it has been able to keep the price of the components down and keep it around 55000 to 95000. Localization is going to push the costs up.

    EV maker Go which is based in Singur said that its operation began last year and it has been offering in the brand name of Goeen and it has also assembled the scooters with the components from China as per the business heads.

    The electric scooters Chalo have been offered with the lead acid battery of the 48 volts/28AH that has a range of close to 60km and Chalo v2 that has a range of 70km

    So this calls for a great reflection on the Electric vehicle policy of India where they need to introspect about imports.