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                  scheduled trips. The numbers would   In India, we are not good in terms of
                  come from three or four different   road length. Contrary to the standard
                  strategies. First and foremost is the   perception, we have one of the highest   Ultimately
                  government regulations. At least in the   coverages in terms of land area for our   what all of us
                  segment  of  the  shared  mobility  i.e.,   roads. Unless we utilise the land space
                  taxi services, the regulations have been   efficiently, we will probably be ending   want is higher
                  positive and progressive; however, the   up in a situation where we have to   throughput from
                  advancement of technology makes the   create one additional lane of national
                  regulations appear inadequate.    highway almost every three to four    the same road,
                   Regulations play a crucial role when it   years, and that is practically impossible.  more space for the
                  comes to autonomous and connected   So asset sharing is going to be one   pedestrians, more
                  vehicles that leave less scope for the   of the better feature. Using shared
                  drivers. Tomorrow, if a car which   assets or aggregators has led to sharp   space for probably
                  has an advanced emergency braking   reduction in drunk driving cases. But   greening and
                  system sees an object ahead, it will   what is more important is to provide
                  immediately stop even when the driver   good bus transport for the general   less space for the
                  is fatigued or drowsy. But who is going   public. This can happen in the next five   roads
                  to be responsible for the accident if it   years.
                  is caused? Is it the car manufacturer or   As far as aggregators are concerned,
                  the driver? As per the law, the driver is   we are looking towards a win-
                  responsible for the vehicle on the road.   win situation. The discussions has   useful way of penetrating almost every
                  These are the issues we need to address.  always been on either pro-driver   common man’s life because it offered
                   The recent motor vehicle amendment   or pro-aggregator and hardly on   economical and shared mobility.
                  bill incorporates a large number of road   pro-commuter. The fact is that the   So, sharing in e-rickshaws is a classic
                  safety provisions. Section 2B allows   commuters have benefited from the   example of asset sharing because of the
                  the central government to provide   aggregators’ existence because they   relaxation of the regulations. From the
                  exemptions and promote innovations in   are picked up at the door step. Here,   government side, we have relaxed or
                  technology. Often the throughput is so   the idea is how to make it a winning   exempted all the electric vehicles from
                  less when you are driving, because the   proposition for all. Aggregators are one   permit requirements. One taxi or one
                  vehicles are not talking to each other.   of the biggest employment churners in   shared car or three-wheeler will reduce
                  Therefore, every vehicle has to maintain   the recent  past, the drivers’ interest   ten private cars from the road, and it is
                  a three-second safe rule from the   needs has to be protected. If the   good for the country & cities reducing
                  second vehicle. Now, if you are driving   aggregators do not earn profit they will   the emission levels and increase safety.
                  at a speed of 60 kms per hour then the   not be able to sustain in this business.
                  distance between the two vehicles has   So, it has to be seen that everyone earns   EV would require a lot more of R&D
                  to be about approximately 48 metres,   decent profits,  if  there  is a dynamic   to go ahead. It is all about adoption and
                  so almost 50 metres distance would   pricing we have to appreciate that it is   it is not about the cost only. It is also
                  be required. If you are driving on the   the driver who is going to benefit the   about quality, reliability, and customers
                  expressway at a speed of 120 kms per   most.                        comfort. So very rightly, the charging
                  hour, 100 metres distance has to be                                 stations should be in place before the
                  maintained between the two vehicles.   Electric Vehicles            EVs are introduced. If there are two or
                  Naturally, if you are using the complete   Research reports indicate  EV   three charging stations near the house,
                  asset, a four-metre car with 100 metres   industry to grow to $ 5 billion in the   one would opt for an EV, even if it costs
                  distance in between, our utilisation of   next five years. That is about Rs.   a bit more. This is a prerequisite and our
                  the road infrastructure would be four   35,000Cr industry after five years   government is working on the charging
                  percent probably out of the total length   when our automobile industry size   station policy but then this is also an
                  of the road. Going forward, with the   would be something like Rs.7 lakh Cr   area where private sector can play a role
                  help of technology this safe distance   at 5% penetration. We are seeing that   by providing additional  employment.
                  could be reduced when the vehicles   e-rickshaws came up because they did   More importantly, EV can lead to lesser
                  start communicating.              not require permits; they found a very   CO2, lesser emissions on the road.




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