India will have five crore EVs by 2030. Tata Power’s vision of an EV-driven India is largely responsible for this rise
The strange, inclement weather is no surprise to us living in India. Despite having one of the lowest per capita carbon footprints in the world, India has seen the disproportionate impacts of climate change over the past decade. This is why we are at the forefront of green technology adoption and, in many cases, create standards for the rest of the world to follow.
India’s EV story is one such story. The transport sector accounts for 18% of India’s total energy consumption and is responsible for an estimated 142 million tonnes of CO2 emissions annually. Of this, 123 million tonnes belong to the road transport sector. If EVs gain 30% market share in new vehicle sales by 2030, India will reap the compound benefits of improved energy security, lower greenhouse gas emissions, lower pollutant emissions, lower travel costs for users and job creation.
According to a recent KPMG report, India will have five crore EVs by 2030. Tata Power’s vision of an EV-driven India is largely responsible for this rise. With over 2200 charging points in over 200 cities and another 1400 plus chargers at various stages of installation, Tata Power is almost single-handedly addressing range anxiety for EV owners with a pan India EV charging infrastructure setup.
This is part of Tata Power’s larger vision of sustainability and they have partnered with News18 Network to launch ‘Sustainable is Attainable’ – an initiative to fast-track India’s green energy transition by creating mass awareness about green technologies, clean energy and sustainable lifestyles. Common man through widespread adoption of green products and solutions.
As part of this initiative, CNBC-TV18’s Sonal Bhutra will host Bharat Energy Bulletin, bringing viewers all the latest developments in the sustainable energy sector, helping achieve sustainable solutions for all. In its first episode, Sonal Sudhendu J Sinha, Consultant (Infrastructure Connectivity and Electric Mobility) NITI Aayog and Dr. Nilesh Kane, Head-Distribution (Mumbai Operations) at Tata Power spoke about the challenges and opportunities on the road to EV adoption. India.
EV Landscape in India
Clearly, the GOI and the PM want to speed up EV adoption. In this regard, the Union Ministry of Power has published revised consolidated guidelines and norms for charging infrastructure.
The move is expected to enable faster adoption of electric vehicles in India by ensuring a safe, reliable, accessible and affordable charging infrastructure and ecosystem. The guidelines cover individual owners and public charging stations and are technology agnostic by adopting the prevailing international charging standards and the new Indian charging standards. The guidelines will simplify tariffs by implementing a single unit tariff and charging stations will not exceed the average cost of supply. These guidelines will remain in force till March 2025.
State governments fix the service charge ceiling and any public charging station can get electricity from any generation company through open access. The Bureau of Energy Efficiency also creates and maintains a national online database of all public charging stations.
To reduce range anxiety, the government is planning to launch an app to provide location and availability of charging stations. India needs 46 000 EV stations by 2030 to set the global benchmark. Currently, there are 135 EVs per charger in India, compared to just 6 in China and the Netherlands. India’s battery manufacturing segment remains a critical cog in the overall development of the EV ecosystem.
Under the second phase of the FAME India (Faster Adoption and Production of (Hybrid and) Electric Vehicles in India) project, the Government of India has sanctioned 2877 electric vehicle charging stations in sixty eight towns in 25 states and union territories.
What are the barriers to EV adoption in India?
According to Sudhendu Sinha, India is one of the few countries that is taking its electric mobility project in a completely structured way. “We have were given a National Mission on Transformative Mobility and Battery Storage that’s in NITI Aayog. The speed at which we are moving is extraordinary. The aspiration is for India to become a global manufacturing hub for electric vehicles, battery and storage systems and electric vehicle components.
He describes three key issues: awareness, financing and charging infrastructure. Among these, he believes the biggest deterrent to an EV purchase decision is range anxiety.
Do these obstacles represent opportunities?
Dr. Nilesh Kane certainly thinks so. Tata Power is at the leading edge of permitting inexperienced mobility in India thru its Pan India Grid EV charging grid, for you to upload some other 21000 domestic chargers and 240 bus chargers to its existing network of 2400+ chargers. From installing multiple charging stations for fleet operators to tie-ups with leading auto OEMs including Tata Motors, JLR Land Rover, Hyundai, MG Motors, Volvo and TVs – Tata Power is creating partnerships across industries to enable smooth transitions to clean mobility. They are partnering with leading real estate developers to provide EV charging solutions in all residential and commercial projects undertaken.
In addition, Tata Power’s EZ Charge app helps users locate EV charging stations, charge and make payments online and helps users plan their route! The EZ Charge platform connects to the entire Tata Power EV charging network and monitors it centrally. Tata Power is skilling 3000 youth every year to work in the renewable energy sector through the Skill Development Institute.
Concerns of scope aside, Dr Nilesh Kane believes that nothing drives adoption more than value realisation. “The beginning price of EVs is excessive however the price in line with kilometre may be very low. From Rs 10-15 per km on petrol and diesel vehicles to just Rs 1-3 on EVs.”