Page 18 - MMI-SeptOct2021 SM upload

VIEWPOINT

CHANGING THE AUTO GAME

The increasing demand and favorable Government policies indicate that India

could be achieving a substantially high penetration of electric vehicles in the near
future. With charging stations and other requisites being put in place, let’s look
at the crucial role semiconductors play in helping boost the EV infrastructure…

Source: Magic Wand Media

he Automotive industry (GoI) has also proposed several There is also no doubt that the
T alone is a major indus- changes in the Central Motor Ve- penetration of Battery Electric
and
trial
economic
hicles Rules, 1989. Recently, the
Vehicles (BEVs) has increased
force. Responsible for making GoI has proposed to exempt Bat- significantly in the last five
over 60 million cars and trucks tery Operated Vehicles (BOVs) years. With several automak-
worldwide yearly, the industry, from the payment of fees for ers and start-ups working
at present, is undergoing a para- issue or renewal of Registration on respective products and
digm shift, trying to make a Certificate (RC) and assignment tech-enabled gears, India aims
quick switch towards alterna- of the new registration mark. to become a major global vehi-
tive energy options. India is also It has also modified the FAME- cle market.
running in the same league try- II (Faster Adoption and Man-
ing to invest in this electric mo- ufacturing of Electric vehicles EV infrastructure
bility shift. This thought has – second phase) scheme to in- The growth of the e-mobility
HITESH BHARDWAJ gained momentum after keeping crease the subsidy for electric sector in India also demands EV
General Manager various factors in mind includ- two-wheelers. The Government charging stations. The charging
Mitsubishi Electric India ing the burden of oil imports, has also increased demand in- infrastructure is an import-
Pvt Ltd
global climate change issues, ris- centive by 50 percent for elec- ant factor that determines
ing pollution, and so on. tric two-wheelers to `15,000 per the adoption trends of EVs in
kWh from the earlier uniform the country. The scarce bat-
Growth of EV in India subsidy of `10,000 per KWh for tery technology in EVs needs
To encourage electric mobility in all-electric vehicles (EVs) and charging from time to time
India, the Government of India hybrids, except buses. depending upon the size and

18 | September-October 2021 Modern Manufacturing India