Is India ready for EV

BY
J JOEL SAMUEL
 Current Trend

Current market players - Tata Nexon, Hyundai

Kona, MG ZS, Mahindra E2O, Ather, Ola electric
 Comparison

Tata Nexon EV Tata Nexon Petrol

Cost – 14L Cost – 7L

Range- 312kms Range – 700Kms

Recharge Time- 6-8Hrs Refuelling time -5mins

Subsidy- 1.5 – 2L Subsidy- Nil

Battery Cost- 5.5-6.2L (50% of vehicle Maintenance cost- Rs.75000

cost)

Running cost(800kms per month) for 5 Running cost(800kms per month) for 5
years – Rs.32000 years – Rs.284640
 Challenges

 Infrastructure – Charging Station

 Raw material sourcing –Lithium , Neodymium resource
 RM- source Brazil, China, Mexico , Australia
 Lithium RM – pollutes the environment more
than petroleum cars.
 Extracting of RM – excess Water and Electricity
 Initial Investment
 Range Anxiety
 Battery Cost – Maintenance
 Resale Value
 Way forward

Build up of Infrastructure
RM sourcing- alternate sources
IITM- Ferrous Iron , Na-ion Batteries
Invest on Battery technology to increase range
Standardize the EV platform so that all the
companies work towards the same goal.
Potential Vehicle tech – Hydrogen Cars,