Skip to main content

All Electric Nation By 2030?

Source: Wikipedia

Member of Parliament, Piyush Goyal said recently that India aims to have only electric cars on the road by 2030. While this sounds great, here are my thoughts.
As of 2016, India had only 6,000 registered Electric Vehicles on road. This is just a fraction of what China, the leader in this segment has.
Image result
Piyush Goyal
Source: Google Images

There are two main reasons why an average Indian does not buy an electric car:
  • The price they pay is too high for the features.
  • Lack of charging points.
Take the example of the Mahindra e2O. It costs about INR 8 lakh (USD 12,500) (ex-showroom). About one third of the price is for the lithium ion battery.
This is expensive and further users have to pay for charging point(s) and replace the battery in 5 years. This translates to an operating cost of INR 12 lakhs (USD 18,500) in five years excluding consumables.

This car is average in terms of comfort, speed, power etc. The range is only about a 100 km on a full charge that takes a couple of hours. Overall, this car is not worth the money.

Countries such as China and the USA have multiple models of Electric Vehicles. The range of cars offered vary from budget hatchbacks to high end Teslas.
The success of cars in these countries is due to the elimination of the problems mentioned above and incentive schemes offered to potential customers.

China:
China has a little over half a million Electric cars as of 2016.
The Chinese Government has set up a total of 150,000 charging points across the nation. It plans to raise its total number to about a million.{1} That is over one charging point for every car! 
Further, according to China's Thirteenth-Five Year Plan, they plan to build enough charging stations to sustain 5 million electric cars by 2020 (Source: China Daily).

USA:
In USA, reduced electricity charges is an incentive being offered to electric car owners. Between certain fixed timings throughout the day, the charges are comparatively lower only for electric cars. Many paid parking lots come equipped with charging facilities.
Buying Teslas come with varied incentives from State to State. While all states offer a $7,500 tax credit, certain states offer car pool lane access, free municipal parking etc. {2}

India:
India offers very basic incentives which have so far failed to attract hordes of customers unlike other countries. Certain states do not levy VAT. Some offer a partial/complete rebate of VAT.
Delhi offers a pretty good incentive for select cars - 15% price subsidy and a road tax and registration fee waiver. {3}


Tesla:
Tesla's success in USA and China is attributed to the way they managed to transform the image of Electric Vehicles.
Tesla promised comfort, power, speed and many modern features such as Autopilot and automatic parking. The main feature that distinguishes Tesla from most other electric cars is the range.

Tesla has also taken into consideration long road trips. They have set up superchargers in many  highway locations in the USA.These superchargers can charge a Tesla 50% in 20 minutes and it is free.

The Verdict:
For Goyal's vision to be succesful, India needs to seriously implement policies and solutions immediately to increase public interest in eco-friendly electric cars.
It is good that Mr.Goyal has thought about it in 2017 when we have over a decade to implement it. But, unless work is started immediately to attain this goal, his vision will only remain a thought.

The following is what the Government can do:
  1. Setting up of Charging points in Malls, Public Parking and in the CBDs/places where commuters frequent.
  2. Welcoming companies such as Tesla* into India by offering tax exemption for a set period of time.
  3. Complete waiver of Road tax and Registration Fee.
  4. Subsidized loans. The subsidy will be paid by the Government.
  5. Tax credit system for those buying electric cars.
  6. Cheaper electricity.
Goyal's thought is highly laudable, but whether it can be implemented within a decade, according to me, is highly doubtful. Politicians in our country often have wild dreams which they either implement hastily (Read: TN Minister's Thermocol Dream) or do not implement at all.

This idea also conforms to the goals of the Paris Agreement which notably has been ratified by India. The main aims of the Agreement are to lower green house gas emissions and create funding for this purpose.

By analysing and implementing policies similar to that of other nations, I believe that we can curb pollution in India greatly.

The Donald Trump administration blatantly accused India of heavily benefiting from the Paris Deal since we do not have to implement many of the policies mentioned in the deal until 2030.
Implementing policies regarding the lowering of emissions can show that India truly does care for the environment and can maintain its image in the world community and adhere to the Agreement even before we are legally bound to do so.

    *Tesla is planning to introduce its fleet in India with the introduction of its 'budget' Model 3 in India.

    -----

    All thoughts and views expressed are solely the author's and has been published under no influence or any sort. The intentions behind this article is purely and solely for debate purposes and to express the author's opinion which he is entitled to under Article 19 of the Indian Constitution.

    -----
    Add me on LinkedIn!




    Comments

    Popular posts from this blog

    Visiting the Kasturinagar (KA-03) RTO - a tumultuous but manageable experience to get a Learner's/ Driver's License without an agent/ driving school

    Ask anyone, and I can guarantee that they will have a story (and in most cases, many stories) about their trip, or rather, numerous trips to the RTO for something as simple as getting a Learner's License (LL) or a Driver's License (DL). In this blog, I hope to make your life a tad bit easier by guiding you through the entire process, which may seem easy at first but is full of (overcome able) challenges if you know what you are doing. I turned 18 in January this year, and besides cutting a cake, I worked on my LL application online. I challenged myself to complete the entire LL to DL process by myself and without the help of an agent or a driving school, unlike what the majority do. The lengthy application process and multiple visits to the RTO, impressed upon me why most people decided to pay a little extra to get an agent to do it for them. Still, I was determined not to pay a single rupee more than the official cost. I succeeded.  Do note that this answer is concerning the K

    Kicking off a 'political career' in an idea-based, grassroots level political party

    Despite having been following politics for the longest time, and now studying it full time, I never joined a political party. When people used to ask me "who do you support?", my answer was standard, "no one". Luckily for me, ever since turning 18 and being eligible to vote, there hasn't been an election in which I'd be forced to cast my vote and tell people that I have made a definitive choice about a particular political party. At a time when politics has become ever so polarising and dirty, I couldn't be happier to associate myself with the BNP. It was in February 2020 that I was introduced to the Bengaluru NavaNiramana Party. I found their vision, leadership and ideas incredibly refreshing. Though I was aware of their launch/ kickoff meeting that took place in Freedom Park in early 2020, due to a friend's TEDx talk taking place simultaneously, I could not attend. Then, between Board Exams and the lockdown that took us all by surprise, I forgot ab

    Living life out of a suitcase

      December 2022 As I sit on my fourteenth flight for the year, with two more scheduled before the curtains are drawn on 2022 (god bless my carbon footprint), laptop open, a glass of wine and a blank word document, I begin to ponder over my journey over the last few months. Penning it down and (at the risk of sounding philosophical) ‘reflecting’ on this journey seems imperative.  --- May 2022   After two wonderful years of ups and downs in Le Havre (thank you, COVID-19!), I said my good-byes, packed my bags and was on the train to Paris. But that was not my final destination – for now at least. After spending two nights at a friend’s, dropping my baggage off at a relative’s, catching the French Open and a round of golf in the middle, and a train to Beauvais (an hour north of Paris), I was on a flight to Barcelona. Checked in to my hostel, met my friend, went for 3 days of the Barcelona Formula 1 Grand Prix together, watched a Redbull 1-2 finish, celebrated with beer, sangria and tapas,

    Climbing Trees

    I like to climb trees. I climb some thick trees in my apartment. Now we play games on the tree also. Right now we have invented three games. First one- whoever can reach top of the tree is the winner (Invented by Sanjith Rao). Second- We lock someone in a small jail like thing and then we climb on the tree and get out (Invented by Sanjith Rao). 3rd- We hide on trees and then someone on a cycle has to catch us. (Best Game)(Invented by Sanjna Rao my sister and me) Here is a picture of me climbing a tree:

    Sustainable Bitcoin Mining

    Source Bitcoin mining has become popular amongst people with large data processors and also fintech-geeks who are interested in the world of mining. Mining is at times not very profitable due to the increase in complexity of problems given to miners (as more and more Bitcoins are mined) and electricity and other expensive overheads. According to NZ Herald , "Bitcoin mining uses so much energy that it could cause blackouts". The repercussions due to this is that an American city known as Platssburgh has already banned cryptocurrency mining for 18 months and Iceland believes that more energy will be used to mine Bitcoin rather than power their houses this year! The need for a sustainable model for mining is prevalent. With the introduction of cloud mining, many "non-techy" users have been able to mine Bitcoins by buying Hash power from various companies and making them mine Bitcoins for you. All you need to do is invest a particular amount and leave the rest of

    Wizard 101

    Wizard101 is a free game you can play. Wizard101 is created by the company KingsIsle. In Wizard101 you have quests to accomplish. In some quests you have to fight monsters. By fighting monsters you sometimes get things like pet snacks, robes to wear, hats to wear etc. In Wizard101 you have 2 types of spell cards, they are- Treasure cards and Trained cards. Once you use a treasure card you loose it. The advantage of using a treasure card is that it gives more damage on the monster you are trying to kill. Trained cards give less damage but you have them forever. You also have spell decks in which you have to keep your spells in. There are different spell decks. By default your wizard will have the starter's deck. After you pass levels you can buy different decks. I am right now in level 10 and I have 3 Decks, they are- Starter's Deck Pinewood Deck Novice's Life Deck The Starter's Deck can store only 12 cards. The Pinewood Deck can store 16 cards. The Novice's Life

    How I Spent My Dasara Vacation (Sneak Preview)

    Day 1 (24th September) I woke up at 8.00a.m. I quickly got ready and then had breakfast at 9.00a.m. I quickly had a bath and then played on the computer for 15 minutes. Then at 10.30a.m I went to play cricket. I came back home at 1.00 p.m. and had lunch.After finishing lunch I made a few word-searches on the computer. TO BE CONTINUED