Tuesday, August 16, 2022

India moves closer to nationwide battery-swap for EVs

Behind the move of switching to cleaner transport is India’s goal of cutting 1 billion tons of carbon dioxide emissions by the end of this decade and turning net carbon zero by 2070

PRAVASISAMWAD.COM

India has chalked out plans to release the final details of a nationwide battery-swapping policy for electric two- and three-wheelers later this month, Bloomberg News quoted a person familiar with the matter. Behind the move of switching to cleaner transport is India’s goal of cutting 1 billion tons of carbon dioxide emissions by the end of this decade and turning net carbon zero by 2070.

The government wants to standardize the size of batteries to make them compatible with all vehicles using swap stations, according to the 40-page document prepared for the programme. While India is not likely to introduce standardized batteries for swap stations immediately — it would need “close coordination” among swapping-point operators – that will be the ultimate goal, the document stated.

In an effort to increase EV uptake, the government has increased subsidies for electric two-wheeler purchases and launched bulk procurement tenders for electric three-wheelers and buses. It has also offered INR 259 billion ($3.3 billion) of production-linked incentives to boost domestic EV manufacturing

Replacing drained out batteries with fresh ones in a matter of minutes has the potential to expedite India’s push toward electrifying the world’s biggest two-wheeler market, where lack of charging stations is a key hurdle to EV adoption.

In India, battery swapping is mainly used by electric scooters and rickshaws that make up e-commerce delivery fleets. By 2030, about 30% of all vehicles sold in India will be electric but most of them will be two- and three-wheelers; electric passenger cars will make up only about 5% of total EV sales, according to estimates from consultancy Arthur D. Little.

In an effort to increase EV uptake, the government has increased subsidies for electric two-wheeler purchases and launched bulk procurement tenders for electric three-wheelers and buses. It has also offered INR 259 billion ($3.3 billion) of production-linked incentives to boost domestic EV manufacturing.

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Tirthankar Ghosh
Tirthankar Ghosh is a senior journalist and presently Managing Editor, Newsline Publications. He has also been writing for well over 15 years for the New York-based Air Cargo News Flying Typers.

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