Challenges Faced by Electric Vehicles in India
The future of the automobile industry is tightened on electric vehicles as the Indian economy slows. In turn, EV technology in India is primarily reliant on government incentives and innovation. At the same time, the government must address the slowdown while also investing in future-ready technology. Yet, things are progressing faster than anticipated. Do you believe that EVs are the way of the future? Let us learn more about it and the challenges that the industry is facing.
Present Scenario In India
The EV market in India is flourishing with various incentives, at the National and Sub-National levels. Electric mobility under the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles Phase II or FAME-II scheme, India is setting a target of generating power.
The generation of power of nearly 175 gigawatts, using renewable energy by 2022.
It is a clear vision for reducing greenhouse emissions.
Well, the EV market would still require many supervisions to look after. Focusing on the efforts for the ecosystem with the proper infrastructure, innovative models, mortgage mechanisms, etc.’
● India only has 670 charging stations as per the official reports in March 2021.
● The on-road price of electric vehicles is not attractive in India
To understand where the next step of development would go, one must peep at the current problems for electric vehicles in India. These range from systemic issues to the view of the consumers, but after all, it will have a cumulative effect on the future generation of EVs.
Challenges Faced For The Adoption Of EVs In India
The Indian government is concerned about coming to EVs, and the announcement of the EV scheme has created a lot of anxiety in the market. And India has set a target of 30% of EVs by 2030. Can it be fulfilled with the challenges? Let us know more!
India announced to have 670 charging stations by March 2021, whereas in, China 88k charging points in the same year. Plus, the lack of own parking spaces is also an essential aspect for EV adoption. As per the analysis, India owns 69,924 petrol pumps when compared to 670 charge stations.
As we know battery pack is an essential part of the EV. To meet its requirements, we require advanced technology. It requires advanced equipment for building new technology. India is still a developing country and imports lithium-ion batteries from China, Japan, Europe, and the US.
Removal of ICEs
Removing the ICEs plays a vital role as the substitution of ICEs with EV would be a massive swift. It is also very tough to accept it. Also, the Senior Executives at Bosch Ltd estimated that 80% or more vehicle sales in India will be the supply of the Internal Combustion Engine Technology in 2030.
EVs versus Hybridization
What is Hybridization? Hybrid car, its a combo of a combustion engine and an electric motor to propel the automobile. There are three types- Full hybrids, plug-in hybrids, and mild hybrids. One can use the electric or combustion motors independently. Hence, a combo of both for sending power to the wheels. Well, India has taken a stand to avoid hybrids. Thus, the new vehicles entering the market will directly go to electric ones.
Role of Simulation
Simulation survives a crucial role in the present improvement of EV technology, providing engineers to discover newer ways to bloom and boost the range. It gives true and accurate results to the pre-measure performance at the earliest design stage and helps to rectify the cause and effect. The lack of such pre-requirements is a typical challenge to India.
Customer's opinion towards the EVs range puts up a negative impact when compared to ICEs range. Consumers also have a strong belief that EVs might not have enough speed range to reach their destination. Therefore, it is an interlink of infrastructure in the country, where the ICEs can be refilled at petrol stations. Such immediate or routine infrastructure is not yet available for EVs.
Non Availability of Spare Parts
There is a lack of spare components related to the battery, charger, etc. For example, if an EV is launched with a version 1 technology and a re-modified version for the equivalent. Then the re-modified version takes over the previous version. Hence, resulting in the non-availability of spare parts. As everyone focus on advanced technology.
The price for an EV is considerably high than for a non-EV. But it makes an inexpensive driving experience when compared to the ICEs. But given keeping the vehicle for a decade or long-lasting, can result in a higher maintenance cost for mainly battery packs which is expensive for a single go.
EV consumers are facing issues in financing challenges such as limited financing options, high insurance cost, high interest, and limited loan opportunities. With such problems, there would be a chance of lowering the adoption of EVs.
Electronic Electric Original Equipment Manufacturers in the Indian market have a great opportunity to go with the post-sales services issues. The battery pack has a warranty for several years, a list of service networks is introduced with technicians who are qualified to manage the EV. The government is also looking forward to taxing non-electric vehicles heavier even if the sales of EVs might not justify it. And this has kept undue pressure on automobile OEMs.
As said by Heraclitus: Change is the only constant
What the future will be like? It depends on your segment of contributing towards our beloved Mother Earth. EV provides us with a sustainable solution from a carbon-emission-free environment. With enormous support from the government, a rise in awareness, and advanced developments, there is an assurance that EVs are the future.
How Can We Assist You?
We are Kazam EV on a mission to make mobility accessible to all. We look after our EV buyers and provide them with complete EV solutions. From assisting you with the purchase of an electric vehicle to offering charging solutions, we've got you covered. Make an appointment right now! Visit Kazam EV at https://www.kazam.in/ for more information, or send us a message on our social media handles Kazam EV, and we will respond to your kazamly!