Red and Black modern Business Automotive Presentation .pdf

EV Generation

1. BREAKERS ON THE EV ROAD
ANIMESH 29021
ANISH 29022
ANISHA 29023
ANKITA 29024

2. The history of electric vehicles in India began in the 19th century,
In 1993, India’s first electric car got launched
In 1996, India’s first electric three-wheeler got launched
In 2000, India’s first electric bus got launched
HISTORY
India’s first electric vehicle was an electric car named ‘Lovebird’. The Lovebird
was manufactured by Eddy Current Controls, a company founded by MD Jose
and based in Chalakkudy, Kerala.
In 1996, India’s first electric three-wheeler got launched, developed by Scooter’s
India Pvt Ltd. The three-wheeler was named ‘Vikram Safa’.
In 2001 RECC sole aim was to develop and produce an affordable
compact electric car.

3. Road Electric Vehicles (EVs) include a large range of vehicles from electric two - wheelers, three
- wheelers (rickshaws), cars and electric buses.
.Driving range (i.e. the maximum distance an EV can run when fully charged)Charging time of
batteries (i.e. the time required to fully charge the battery) and Charging time depends on the
input power characteristics (i.e. input voltage and current), battery type and battery capacity.
Recently, batteries using combinations of lithium ion and its variations are gaining widespread
acceptance due to better efficiency, reduced weight, lower charging time, better power output,
longer lifetime, and reduced environmental implications from battery disposal.
BACKGROUND

4. Current status in the EV sector
The Indian automobile sector ranks fifth globally and is expected to rise to third by
2030. India is the world's largest producer of two and three-wheelers, the second-
largest manufacturer of buses, and the biggest producer of vehicles like tractor
India's automotive industry is worth around US $222 Bn, while the EV market in India is
estimated to be valued at US $2 Bn by 2023 and $7.09 Bn by 2025
More than a million EVs were sold in the country in the fiscal year ended march 31, 2023.
a total of 11,52,021 Mn Evs were sold as per the data by Society of manufacturers of
electric vehicles.
In Electric 2 wheelers segment alone 7,26,976 units were sold.

5. National Electric Mobility Mission Plan
(NE-MMP)

Government of India launched the National Electric Mobility
MissioPlan(NEMMP) in 2013.
Government aims to provide fiscal and monetary incentives to kick start
this nascent technology. With the support from the Government.
It aims to achieve national fuel security by promoting hybrid and electric
vehicles in the country. There is an ambitious target to achieve 6-7 million
sales Of hybrid and electric vehicles

6. The FAME India (Faster Adoption and Manufacture of (Hybrid and) Electric
Vehicles) Scheme is an incentive scheme for the promotion Of electric
and hybrid vehicles in the country
Ultimate objective of the scheme is to promote electric mobility and the
scheme gives financial incentives for enhancing electric vehicle
production and creation of electric transportation infrastructure
FAME was launched by the Ministry of Heavy Industries and Public
Enterprises in 2015 to incentivize the production and promotion of
eco-friendly vehicles including electric vehicles and hybrid vehicles.

FAME

7. •Phase 1 of the FAME - India scheme was launched on April 1st , 2015 and
extended to March 31, 2019. It's original time period was two years but it was
extended three times
.
• The scheme was implemented with an outlay of Rs. 795 crore. Approximately
2,18,625 EV's were promoted by FAME 1 till july 2018 and the main objective is to
provide demand incentives.
•Initial coverage of FAME 1 phase -
a) cities under ' smart cities ' initiative
b) Major metro agglomeration- Delhi NCR, Noida , Ahmedabad, Hyderabad,
bengaluru.
c)All state under Urban Agglomeration/cities with 1 million plus population ( as
per 2011 census )
d) cities of North East states
FAME INDIA PHASE 1

8. NITI Aayog target for FAME II , for the
adoption of E2W to reach 1.93 million
The second phase is an expanded version of
the first phase, FAME India Phase Il has a
total outlay of Rs 10000 Crores over the
period of three years from 1st April 2019
2022.
Allocation for the scheme for 2019-20 is
estimated to be at Rs 1.500-crore:
Rs5.000crore in 2020-21 and Rs 3,500 crore
in2021-22.

FAME India Phase 2

9. MARKET SCENARIO AND LATEST TRENDS

10. Greaves Electric Mobility Private Limited (‘GEMPL’)
Ather Energy Private Limited
ATUL Auto Limited
Bajaj Auto Limited
Electrotherm (India) Limited
Hero Electric Vehicles Pvt. Ltd.
Hyundai Motor India Ltd.
JBM Group
Mahindra & Mahindra Limited
Okinawa Autotech Internationall Private Limited


KEY INDUSTRY PLAYERS IN INDIA

11. Challenges for EV in India

Lack of Clean Energy
Underdeveloped Charging Infrastructure
Suboptimal Battery Technology
Persistent Resistance to Change

12. The report by Bloomberg New Energy Finance ( BNEF ) says that india will have better progress
on electric two wheelers and buses over the next 10 years .

The report believes that by 2040, EV's will constitute 40 % of total passenger vehicle in India .
At the end of 2017, there were just 6000 highway capable electric cars on Indian roads , which
is a minuscule number when compared to overall numbers of total number on Indian roads
If the sale of EVs grows as study has predicted , they will constitute about 6.6 %of annual
vehicle bu 2030 and go up to 27 % by 2040
Also , by 2040 , about 13 %of the passenger vehicles on Indian roads will be electric by 2040 .
FUTURE OF EV IN INDIA

13. Our Prime Minister Shri Narendra Modi has a vision for converting all vehicles in India
to electric by 2030. Under the government’s new plans, every car sold in India will be
electric by 2030
EV manufacturers have announced a significant increase in production, large
companies are opting for electric vehicles for their last mile delivery fleets, consumers
are slowly adopting and preferring electric and hybrid variants as evidenced by rising
demand, and state and central governments are taking steps to improve charging
infrastructure, provide subsidies and convert public transportation to all-EV.

14. Electric vehicle industry in India: Growth targets

The Indian automotive market is slated to be the third largest by 2030 in terms
of volume. Catering to a vast domestic market, reliance on the conventional
modes of fuel intensive mobility will not be sustainable. In an effort to address
this, federal policymakers are developing a mobility option that is “Shared,
Connected, and Electric” and have projected an ambitious target of achieving
100 percent electrification by 2030.
According to an independent study by CEEW Centre for Energy Finance (CEEW-
CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India
maintains steady progress to meet its ambitious 2030 target. This would require
a cumulative investment of over US$180 billion in vehicle production and
charging infrastructure.

15. India rolled out the website e-AMRIT www.e-amrit.niti.gov.in at the
COP26 Summit in Glasgow, which will function as a one-stop destination
for all information on electric vehicles. It addresses key concerns about
the adoption of EVs and their purchase – such as charging facility
locations and EV financing options as well as information about
investment opportunities, government policies, and available subsidies
for drivers and manufacturers.
Launch of ‘e-AMRIT’ portal: One-stop platform for
information on electric vehicles

16. THANK YOU !