EVlution (E-mobility)

Over the last couple of years, a transport revolution has been in the making. It is slow, challenging but immensely ambitious. Electric mobility is raising its head. The challenge to fossil fuels is a daunting one. Petrol packs five times more joules of energy into a kilogram than a battery can manage. Of course, the battery can store it several thousands of times.

On the other hand, the price of battery for the EVs has witnessed a sharp decline over the last decade, falling by as much as 80 per cent. Not only that, the energy holding capacity has also risen.

Driving this phenomenon is strong regulation supported by adequate incentives. In the developed world, from taxing fossil fuel-based vehicles to dishing out discounts for EVs, the regulation noose is getting tighter as nations realise that the fastest way to de-carbonise the economy is to get the internal combustion engines off the roads and replace them with electric vehicles. For successful deployment of EVs, technology development to raise efficiency of vehicle (longer distance in single charge) and adequate charging infrastructure to meet the potential growth of the EVs in next few years.

India Story

The E-mobility movement in India began on a strong footing in 2011 with the introduction of the National Electric Mobility Mission Plan 2020, notified by the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India.

The Union Government has been nurturing the EV market in a comprehensive manner, evolving policies to help nurture the nascent industry. Besides giving tax rebate for vehicles, research is rewarded with concessions. On the market side, recently, EESL went in for bulk procurement of electric cars to stimulate the EV market. These vehicles are to be used by government institutions.

In this challenge, we are looking to address the issues of range anxiety. It is believed that with the current thrust of government around EVs, improvement to address range anxiety issues would help to EVs massify fast.

Challenge-1:

EV with a cost of INR 10 lakhs or less and runs 200 Km or more in a single charge:

EESL’s first tender for e-vehicles ‘discovered’ a vehicle price of Rs. 11.8 Lakhs that could travel 130 KM in standard driving conditions.

Expectations: Cost = 10 lakh or less, Distance to cover = minimum 200 KM (Single Charge)