With ambitious deployment targets and a growing ecosystem, India is on track for mass EV adoption, backed by supportive policies and incentives. This article throws light on India's evolving electric mobility landscape, spotlighting the pivotal role of battery swapping in driving sustainable transportation.
The automotive industry is rapidly evolving in terms of technology and propulsion choice. There is a strong focus on minimising environmental impact.
Two key factors driving this are- first, the country’s nationally determined contributions towards combating climate change, and second, the goal of reducing the nation’s dependence on imported petroleum-based fuels. India’s transportation sector is undergoing a paradigm transition from fossil fuels to electric mobility.
Electric Vehicles (EVs) have been introduced as a clean energy initiative, as they have low or zero emissions. EVs are becoming an integral part of OEMs’ product mix and business strategies. Some OEMs are solely EV producers.
Global EV Hub
India is all set to become a global electric mobility hub. With rising crude oil prices, EV sales have achieved an alltime high and are anticipated to rise further, with 1.5 million units sold in 2023, marking a 50 percent increase from the previous years. The increase in the number of EVs has created a huge need for charging infrastructure. There is also a continuing emphasis on safety regulations and standards. The focus is on increasing charging infrastructure and reducing charge time at the same time addressing range anxiety of vehicle users.
This story is from the Efficient Manufacturing - April 2024 Issue edition of EM - Efficient Manufacturing.
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This story is from the Efficient Manufacturing - April 2024 Issue edition of EM - Efficient Manufacturing.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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