By 2030, it is anticipated that India will have deployed more than 1.6 crore electric vehicles (EVs) since the nation’s automotive environment is rapidly changing. Similar to how Delhi (1815) and Maharashtra (2531) are anticipated to have the most charging stations in India.
The information is from a brand-new “EV-Ready India Dashboard” that Union Minister of Power, New, and Renewable Energy R K Singh unveiled on Monday. The OMI Foundation, a policy research and social think tank active in the nexus of mobility and governance, created the dashboard.
It is a publicly available digital portal that gathers sales information from Telangana and all VAHAN states, displays the health of the charging infrastructure, and compares TCOs. Additionally, it anticipates market expansion, tracks existing electric vehicle investment, and calculates vehicle emissions. Users can reserve a charging spot before they get to their location.
According to the EV-Ready India Dashboard, yearly sales of EVs are expected to expand at a CAGR of 45.5% between CY 2022 and CY 2030, from 6,90,550 electric two-wheelers (E-2Ws) in 2022 to 1,39,36,691 units in 2030.
Electric vehicles to rule the future
The data-driven platform identifies Tamil Nadu as the nation’s center for E-2W production, Telangana as the leader in E-3W manufacturing, Maharashtra as the leader in E-4W manufacturing, Gujarat as the leader in battery manufacturing, and Karnataka as the leader in R&D. In comparison to the national average of INR 13.74 per kWh, Chandigarh has the lowest public charging supply rate at INR 3.6 per kWh. Additionally, it states that India has already prevented an estimated 5.18 million tonnes of CO2 emissions for the year 2023, which equates to 85.47 million tree seedlings that would have covered twice the total area of the Lakshadweep islands.
The future is electric, the Union Minister emphasized when highlighting the necessity of going electric. India is already progressing toward EV readiness and is taking the initiative in the discussion of climate action for the transportation industry. Our active efforts to reduce emissions have already resulted in a 33% reduction in emission intensity in 2019 compared to 2005, and in recent years, the capacity for producing renewable energy has increased by about 7X, standing at 185K megawatts today. We are certain that India will achieve its goal of producing 50% of its energy from non-fossil fuels by 2030.
“EVs are essential for this trip from the perspectives of energy dependence and the environment, and as the number of electric vehicles on the roads increases, we will see India emerge as a leader in combating climate change. Expanding the number of charging stations, which already totals 10,000, is a crucial step in making electric vehicles more common, he said.
“Recognizing that the real action in electric mobility occurs at the state level, the dashboard offers comprehensive, state-specific insights,” G20 Sherpa Amitabh Kant said in a virtual note at the opening. This enables policymakers to make wise choices. To use this dashboard to their advantage as they compete to lead India’s electric vehicle revolution, I implore all state and district authorities.
The digital platform, which OMI continues to make more thorough and insightful, is intended to advance knowledge, promote ecosystem-wide collaboration, and support effective policy-making, according to Aishwarya Raman, Executive Director, OMI Foundation.
Also Read:
