The great progress has so far been made possible by a future-oriented and targeted policy weir, starting with faster acceptance and production of electric vehicles (FAME) to the recent PM E-Drive and control for making electric passenger cars in India. There are various current interventions and initiatives to tackle unbridled bottlenecks in financing, credit mechanisms, loading networks and the battery value chain.
Until now, the government has more than spent £40,000 crore about stimuli, which in turn India has led to a share of 7.8% of EVs in the annual vehicle sales.
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We now need a well-calibrated urge for large-scale acceptance of EVs in the cities of India, both large and small, without diving off the National EV agenda; We should not run the risk of derailing the impressive progress that we have made so far.
The government has spent enormous funds on stimulating the car industry and the ecosystem of the battery, while decisive measures are taken to locate production, to guarantee the domestic value addition and to improve the recording of the production-connected stimulation schedule. Although stimuli and subsidies played a key role in market development, the path requires for the door for long -term expectations and the visibility that the momentum can increase.
The rapid addition of renewable energy to Green India's Power Grid offers a unique opportunity to create a zero emission value chain, from power generation to transport. Markets worldwide go decisively to zero-emissions vehicles (ZEVs), with strong policy signals to accelerate EV acceptance. India has to make tailor -made strategies for different vehicle segments, given different levels of market maturity. Clear market and regulatory signals are needed to unlock long-term investments, to reduce the risk for manufacturers and financiers.
This requires a decisive shift: from stimuli and subsidies to erase mandates, legal trust and innovative solutions in the long term that have been contextualized for the Indian market.
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Holistic development of the battery -ecosystem: In order to scale up EV -acceptance on modes and regions, it is crucial to develop battery standards that are tailored to global benchmarks, in addition to creating a robust framework for sharing data based on the core objectives of safety, sustainability, efficiency of resources and circularity. A junction agency must be established to ensure compliance, to streamline mechanisms for data storage and explore business models for viability. This can help the end of the lifetime of life, which strengthens a circular economy.
Make a circular and responsible ecosystem: In order to guarantee a flourishing ecosystem of the battery circularity, we must ensure that the portal of the extended producer Responsibility (EPR) is enabled with an audit function. Furthermore, validation of third parties must be encouraged for the statements of producers. The responsibility for collecting old-battery must be supported by both recyclers and producers, with unlimited movement permitted between states. Finally, EPR prices must be designed for various battery chemistry.
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Recording battery data for Resource -Efficiency: In order to streamline the battery value chain and create a resilient and circular ecosystem, the Ministry of Science and Technology of the government recently unveiled a strategic pilot initiative: Battery Aadhaar, a unique digital battery -ID to maintain life cycle data in support of circularity, and regularity and regulating and regulating.
This is a breakthrough for energy storage, because it strengthens our determination to link economic and sustainable development, because we strive to become a net-zero economy by 2070. As our energy transition intensifies, we must also give priority to support for R&D and home-grown startups to explore indigenous technologies and create a recycling market. We also need more collaboration platforms, such as the Battery 360 Alliance, which can assess the readiness of the ecosystem and to facilitate better decision -making by all stakeholders.
Introduce EV -Mandates: At this critical moment of the EV transition from India we also need new pushes against EVs. We can start with mandates at a low level that can be gradually scaled up. Worldwide, countries with robust EV acceptance have used different standards on the supply side to send market signals. India can map its own course by using phased and locally adapted mandates for manufacturers and operators.
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Café -standards implement: We must implement the cited business-average fuel efficiency (CAFVE) standards, while we reduce the super credits that are provided to manufacturers in non-EV segments. These regulations also serve as motivators for manufacturers to invest more in innovation and speed up economies of scale to lower costs, so that the EV industry can reach a turning point.
The scope of cafénormen must be carefully expanded over 4-wheelers to cover all important vehicle segments (especially commercial vehicles such as trucks), given their emissions and a considerable share in the India mobility ecosystem. These regulations will accelerate the approval of EVs and push the development of a domestic market further, which can create green resources of existence for millions.
Expand the charging infrastructure to disadvantaged areas: India suffers from an uneven charging infrastructure distribution, where operators opt for with a lot of traffic, commercially attractive zones, so that low demand or peri-urbane areas are left behind. To make EVs normal in the Tier 1- and 2 cities of India, we need planning at the starting level, not just a focus on broad distribution.
We have to set up a junction agency that can create opportunities for cross-subsidization for a balanced infrastructure expansion that offers fair access to the charging point. At the subnational level it will help to improve the transparency and accountability obligation of urban local authorities to strengthen and streamline frameworks for efficient service supply by mechanisms such as release with one window.
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By integrating these strategic shifts into our short, medium and long-term route map, India will not only release the way for a cleaner future, but also strengthen its role as a global economic powerhouse, while by 2047 he comes closer to his vision of Viksit Bharat with a $ 30-dream.
These are the personal views of the authors.
The authors are former G20 Sherpa, India; and executive director, integrated transport, clean air and hydrogen, WRI India.