The NEMMP 2020 is a detailed plan
based on an in-depth primary data study conducted jointly by government,
automotive industry and academia/research institutes. The NEMMP is vital for
reducing our dependence on fossil fuels, 80% of which is imported leading to
massive foreign exchange deficit.
Here is our ‘In a Nutshell’
version of India’s plans to become a global leader in EVs by 2020 –
Target
§ To put 6-7
million EVs on road by 2020; 4-5 million are expected to be two-wheelers.
§ Reduce
dependence on fossil fuels.
§ To promote
cleaner technologies.
Why do it?
§ India’s
excessive appetite for fossil fuel has an adverse impact on the environment and
even on our foreign exchange reserves.
§ Successful
implementation of NEMMP will result in 2.2 – 2.5 million tones of fossil fuel
savings by 2020, that’s a monetary saving of Rs 30,000 crore.
§ It will also
lower vehicular emissions and decrease carbon di-oxide emissions by 1.3% to
1.5% by 2020.
§ The production
of hybrid and electric vehicles in India is an investment that will deliver
economic growth, quality jobs and a cleaner future.
How will we do
it?
§ Both the
government and the automotive industry will jointly invest Rs 23,000 crores to
develop the EV eco-system in India.
§ The government will
invest close to Rs 14,000 crores over the next 5-6 years. The automakers will
invest close to Rs 8,000 crores.
§ India will
deploy support measures that will quicken up the process of consumer acceptance
of EVs.
Who is helping
us?
Germany is going to help India
achieve its target and we couldn’t have found a better partner.
The Germans are a strong
supporters of electric mobility. Currently, Germany has about 1,500 EVs
operating on German roads. By 2020, Germany aims to put at least one million
electric vehicles on their roads. Thanks to these efforts, German cities are
among the greenest in Europe.
An Indo-German Joint Working
Group (JWG) on Automotive Sector has been established to intensify cooperation
in the development of efficient automotive technologies and alternate fuels and
drives.
The Challenge
ahead
India‘s electric auto industry is
really very small. The only manufacturer in India that produces EV is Mahindra
REVA. There are a few makers in the two wheeler segment such as Yo Bykes, Hero
Electric, Ampere and Lohia Auto.
The biggest challenge to the manufacturers is to convince an Indian
consumer to pay a premium to go electric. On the other hand, the biggest
challenge to the government will be to provide the necessary infrastructure to
support EVs like charging stations that are spread across the country
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