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E Rickshaw
by Madhubala Pillay0 Comments

Our priority is to make lithium ion batteries in India, says Nitin Gadkari

There is a need to reduce dependence on the import of lithium ion batteries for electric vehicles, one of the key components in electric mobility vehicles, road transport and highways minister Nitin Gadkari said on Thursday.

 “In electric mobility technology, the most important thing is that we should not depend on imports for the materials used to make these vehicles. Our priority is to manufacture all these materials, particularly lithium ion batteries, in India,” Gadkari said at the e-mobility conclave.

 “We have granted mining rights for lithium ion to two private companies. We expect to secure raw material as early as possible. At the same time, we are developing technology and conducting research on sodium ion battery technology,” he added. Sodium ion battery vehicles represent a promising alternative in this research effort.

 Lithium cells are the building blocks of rechargeable battery technology for EVs, laptops, and mobile phones. Currently, India is heavily reliant on imports of these cells, as the battery metal is not widely available domestically. This is also one of the reasons why battery manufacturing has not picked up significantly in India, even as the finance ministry announced a customs duty exemption on lithium-ion cells last year to lower costs. Globally, lithium-ion cell manufacturing is dominated by China, followed by the US, Thailand, Germany, Sweden, and South Korea.

 According to the minister, there is a pressing need to produce more e-mobility vehicles, as higher volumes will ultimately reduce costs. “Electric vehicles are economically viable compared to petrol and diesel vehicles,” he stated. “In due course, I expect more people to adopt this technology.”

 

 

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Electric Vehicles
by Madhubala Pillay0 Comments

EV Sales Growth Powered By These Factors In India

  • Recently Union Minister Nitin Gadkari addressing a webinar on, “India’s electric roadmap post-COVID19” has said that India would transform itself as the manufacturing hub for electric vehicles in next 5 years. He was also certain that there would be rise in sales of electric vehicles.

The Indian automotive market comprises of 76% of 2 wheeler users i.e. 23 crores vehicles, thus it flaunts the potential penetrable market. In 2019, India has seen a record sale of 1.7 crores 2 wheeler.Now the question arises, how do Indians commute? Yes, your guess it right. The answer is Public Transportation. Let us understand the role play of the public transportation & their feasibility.

Everyday around 7 crores people commute in 1.7 lakhs local buses in the county. Approximately 1.5 crores people travel in local /metro every day. Almost 4-4.5 crores people use public transport for daily to & fro. Hence almost, 13 crores are still using some or the means of public transportation for their daily need.

Scenario: Post Covid19 lockdown.

As the country transitions to the unlock stage, the impact of COVID-19 remains significant. The pandemic has affected lives not just interms of health but also economically. The decision to unlock was aimed atalleviating the economic crisis, but the lingering effects of COVID-19 continue to pose challenges. In this new era, social distancing has become a critical focus, particularly when commuting, as buses and trains are often overcrowded,far exceeding safe capacity limits.

Implication of 2 Wheeler sales & electric mobility in particular

 

In this context, there is likely to be a rise in two-wheeler sales driven by the need for personal mobility. A study conducted by Frost and Sullivan indicates that segments such as battery rickshaws, electric rickshaws, and electric mobility vehicles (including passenger e-rickshaws and e-mobility vehicles are poised for significant growth, with projected sales of 40 lakh units by 2025. The study further suggests that 40% of scooters in India will be electric within the next 7-8 years.

Factors Driving Electric Vehicle Sales Growth:

1. Personal Commute Needs: The imperative for social distancing and the scarcity of public transportation options will encourage daily commuters to purchase or ease self-owned vehicles, including electric mobility vehicles. The shift in job dynamics and logistics will further amplify this trend.

 2.Environmental Consciousness: The pandemic has heightened awareness around cleanliness and a cleaner
environment. Many consumers, particularly youth and middle-class families, are increasingly inclined to choose electric
mobility technology over internal combustion engine (ICE) vehicles, aligning with their desire to contribute positively to society.

 3. Fuel Costs: Rising fuel prices due to international economic fluctuations may deter consumers from purchasing traditional fuel-based vehicles. Conversely, decreasing costs in renewable energy generation will make electric mobility vehicles more attractive, presenting a cost-effective and efficient alternative.

 4. Lower Income Segment: The lower-income group constitutes a significant portion of India’s population and represents a major market opportunity. Battery manufacturing for electric vehicles offers lower running costs, making them more accessible. A strategic approach from EV manufacturers to maintain competitive pricing can enhance market penetration among this demographic.

 Despite the challenges posed by COVID-19, the pandemic has fostered a greater awareness of societal wellbeing. The shift toward self-reliance and community welfare will likely reshape consumer behavior in the post-COVID world. Businesses in the electric mobility sector ,committed to promoting a greener society, are well-positioned for growth. New models of ride-sharing, peer-to-peer sharing, rentals, and leasing will further energize this burgeoning industry, paving the way for a more sustainable future
in transportation.

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E Rickshaw
by Madhubala Pillay0 Comments

What Will E rickshaws be like in Next 10 Years

Future of Transportation: Embracing Electric Rickshaws

                                                                

The technology surrounding transportation has evolved significantly over the years, leading to an improved standard of living characterized by increased luxury and comfort. Whether in our homes or our means of transport, advancements have undeniably made our lives better. However, as the popular saying goes, “everything comes at a cost,” and the price we pay for our comfort has often been the degradation of our environment through air, noise, and water pollution.

 In the coming decade, if the electric mobility vehicles industry, particularly the passenger e-rickshaw, receives the boost it deserves, it could play a crucial role in enhancing environmental stability. E-rickshaws not only provide a cost-effective alternative to traditional fuels but also address employability issues. With their affordability, more individuals, especially those from lower-income backgrounds, can invest in a battery rickshaw to support their families and achieve financial independence.

The reliance on conventional resources like petrol, diesel, and CNG can be minimized, allowing these fuels to be reserved for more significant purposes. Furthermore, the health benefits are substantial, as electric rickshaws do not emit harmful gases, contributing to cleaner air. The rechargeable battery technology used in these vehicles is not only efficient but could also be adapted for private vehicles in the future.

 India is home to several electric rickshaw manufacturers, with notable growth in countries like Bangladesh and Sri Lanka, where e-rickshaws have proven to be transformative. The battery manufacturing for e-rickshaws, which stores generated energy, is gaining traction in India as the government actively promotes this sector.

 The electric mobility technology behind these vehicles is a boon that should be embraced on a larger scale. Promoting the use of e-mobility vehicles can help tackle urban transport challenges while also mitigating pollution. As the demand for sustainable transport solutions increases, companies like Adopt Motors have emerged as leaders in the industry, recognized as the best passenger e-rickshaw manufacturers in Hyderabad for their commitment to quality service.

 Switching to electric rickshaws is not just a choice for better transportation; it’s a step towards preserving our environment for future generations. By adopting this innovative solution, we can collectively contribute to a cleaner, healthier planet while addressing pressing economic challenges.