It was only very recently that an informed and positive change was brought about by the government on the rules and regulations that mandate the Electric Vehicles (EV) charging stations. It declared everyone to be license free in order to set up an EV charging station. But this change has some grey clouds hovering over it.
A conference at the EVConIndia which housed industry leaders, experts and policymakers alike, indicated the obstacles that the journey of transitioning India into an Electric Vehicles Savvy country is supposedly facing. In this conference the face of India in respect to Electric Vehicles and its mobility was discussed. Here everyone was of the opinion that Indian policy makers in this regard should adopt a dynamic and speedy approach and means, which in turn will pump up and boost the entire process, with major aspects of infrastructure creation and formation of polies. The leaders expect a little more enthusiasm from the Indian government which will prove beneficial and deliver more investors and manufacturers.
Many prominent personalities who were present at this event, all pinpointed certain areas that needed to be looked into. As per the reports of Times of India, speaking on Policy Rules of EVs, the managing director, MG motors made it evident that no rules, policy directives and regulations have become totally understandable. Alongside the government should look into solutions for each separate vehicle in a different manner.
“The current guidelines have been revised based on the recommendations made by the industry and experts. Great stress has been laid on charging infrastructure”, said Saneera Pandita, director BEE, ministry of power, told Times of India.
Naveen Munjal, managing director, Hero Electric, made a very valid and quite basic point where he highlighted the need for immediate awareness that needed to be spread about Electric Vehicles (EV) among the masses, and majorly among potential financiers and customers. He drew in numbers to prove his point, where he showed that in Internal Combustion Engine (ICE) categories upto 70% vehicles were financed, whereas for the EVs only a minor 3% is reserved.
Also there is a huge price gap between fossil fuel, petrol and diesel run vehicles and these electric vehicles. Which proves it to be a hot topic that needs some brainstorming and amends. Koushik Bhattacharya, director and head (Industrials) of Avendus Capital pulled the very same point to the very surface.