Charging the
Future: Challenges and Opportunities for Electric Vehicle in India
A recent spate of electric scooter fires has enraged both the
authorities and buyers in India. While electric cars, particularly scooters and
commercial vehicles, are swiftly becoming a healthier alternative to
conventional vehicles in India, such occurrences are damaging the image of EVs
in the country. The establishment of fast charging start-ups has resulted in
the provision of quick electric vehicle charging services at one's doorstep. What’s
on-demand fast charging and how it can help push EV penetration in India?
A nation may use established and proven methods that rich countries have
previously implemented:
·
Implement EV-friendly policies and legislation.
·
Develop infrastructure to support and assist the increasing EV industry,
and leverage this developing market to increase the pace of energy generation.
·
Encourage EV manufacturers to finance a variety of goods in order to
expand their consumer base.
·
Introduce a variety of alternatives or EVs to the market and foster
healthy competition. As a result, buyers will have a variety of EV alternatives
to select from.
·
Take advantage of the falling cost of EV technology to further reduce
the operating costs of EVs.
·
Finally, invest in creating a user-friendly infrastructure, programs,
and rules to guarantee that new consumers eventually gravitate toward EVs.
New rate designs,
better smart metering and charging equipment technologies, and a charging
infrastructure that is convenient and price competitive will need to be
developed and implemented. These are difficult but achievable tasks.