Page 52 - TT Magazine Feb-Mar 2019

MOBILITY

Further, fiscal incentives should be designed to specifically
The Prime Minister commented subsidize the one cost that makes EVs expensive: batteries.
at the Move Summit in 2018 that The high upfront cost of EVs is on account of the high cost
India should focus on “clean km of the battery pack, which constitutes 40-50% of the cost
of an electric vehicle. The FAME II scheme emphasizes local
travelled.” Indeed, a national manufacturing and will provide incentives to only those

framework on electrification should vehicles which are fitted with advanced batteries like Li-ion
battery and other new technology batteries.
emphasise increasing clean km By offering financial incentives for manufacturing of batteries
travelled using different modes of as against the entire EV, the manufacturing of batteries too
mobility. would get accelerated, technology and innovation would
flourish, economies of scale would be achieved, and batteries
would be both domestically produced and affordable. This
tipping point is crucial to make e-mobility dream a reality
in cities, allotting dedicated and sufficient parking spots for
EVs, subsidizing the land lease rental to set up charging and in the country, and to avoid replacing imports of fuels with
imports of batteries.
battery swapping stations, and other non-fiscal initiatives to Another measure worth adopting to make the shift to
incentivize demand for electric mobility in India.
EVs feasible is to waive tax, registration, and commercial
permit charges. MoRTH has already signaled major steps at
waiving permits and the intent to reduce the relative costs
FORM IV of ownership for EVs. Taxes and registration charges could
1. Place of publication Mumbai reduce on-road prices by 10-15%.
2. Periodicity of publication Bi-Monthly Recently, several states have teased concurrent EV policies,
3. Printer’s Name Jayaprakash Krishnan Nair including Delhi, Karnataka, Telangana, Andhra Pradesh,
Nationality Indian Maharashtra, and Gujarat. There is an urgent need for states
Address B/202, Godavari CHS., Sector 9, to deliver on a coordinated, comprehensive framework to
Vasant Nagari, Vasai (E), accelerate electric mobility. The e-mobility revolution depends
Thane Dist., Maharashtra on the steps taken by states to make it real.
4. Publisher’s Name Jayaprakash Krishnan Nair
Nationality Indian To further intertwine e-mobility with renewable energy,
Address B/202, Godavari CHS., Sector 9, batteries can also be treated as decentralized electricity
Vasant Nagari, Vasai (E), storage solutions; distribution companies should be able to
Thane Dist., Maharashtra draw power from vehicle batteries to balance the grid. This
5. Editor’s Name Mangala Chandran will help meet the storage needs of renewable commitments
Nationality Indian and reduce the cost of maintaining grid loads while enabling
Address 21, Sea Spring, B.J. Road, a new revenue source for EV batteries.
Bandstand, Bandra (W),
Mumbai 400 050 In addition, the second life of EV batteries, once they
6. Names and address of individuals who own the newspaper and do not perform for automotive use, could be deployed as
partners or shareholders holding more than one per cent of the total power banks for storing solar energy and non-automotive
capital.
1. Jayaprakash Krishnan Nair, B/202, Godavari CHS., applications. Several more reasons why government funding
Sector 9, Vasant Nagari, Vasai (E), 401 208, should encourage the development and deployment of
Thane Dist., Maharashtra advanced battery technologies.
2. Jayaraman Nair, A-101, Meru, Sector 2, Vasant Nagari, Overall, the right policy framework from the government
Vasai (E) 401 208, Thane Dist., Maharashtra
3. Mangala Chandran, 21, Sea Spring, B.J. Road, to boost EVs and closely tying them up with the scaling up of
Bandstand, Bandra (W), Mumbai 400 050, Maharashtra shared mobility can bring in the shared electric mobility future.
I, Jayaprakash Krishnan Nair, hereby declare that the particulars Shared Electric Mobility, if planned and implemented well,
given above are true to the best of my knowledge and belief. will amplify environmental benefits besides yielding significant
Sd/- monetary savings for all stakeholders involved. Right from
Jayaprakash Krishnan Nair the country as a whole to the manufacturer, fleet operator,
Dated: March 1, 2019 Signature of Publisher charging infrastructure provider, driver of EV and the urban
commuter, this road could finally lead to a better India.

52 February - March ’19 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com