Monday, February 25, 2019
By Manoj Kumawat
Electric Vehicles to complement tech in India’s future mobility
According to the report by KPMG, it has been expected that the battery driven electric vehicles is the obvious choice to kick-start the shift towards cleaner fuel. Usually the supply of some products are becoming an obstacle in battery driven vehicles becoming the only one technology for future mobility in India. But still there is hope alive when hydrogen-powered electric-vehicles could become a complementing technology in future.
In a report named ‘Automotive fuel: Racing towards a multipolar world’, the KPMG officials said that battery driven electric vehicle technology is currently far ahead in market maturity and is seems to be the most obvious choice of vehicles in a value-centric market like India to kick-start the shift towards cleaner fuel.
Elaborated further the challenges ahead of BEVs in the report says that India does not have reserves of some of the most essential raw materials such as lithium, cobalt and nickel that are importantly needed for battery manufacturing. The cell manufacturing is itself concentrated outside India and will continue to be dependent on imports which could compromise economic mandates and can constrain the adoption of battery electric vehicles.
The BEVs are propelled by an electric motor powered by battery, FCEV uses hydrogen gas to power up an electric motor of a vehicle. For larger vehicles India might swerve towards FCEVs, partly perforce due to supply constraints of lithium-ion and partly driven by economic and market forces.
As per the reports, India is now focusing on the development of FCEV technology and has set a target for over one million to work upon and 1000 hydrogen refuelling stations in service by 2030 without mitigating its drive to establish battery driven electric vehicle.
All in all, we can’t resist watching India grow with its global automotive industry.