Localization of components will be key to create sustainable ecosystem – Experts

Experts discuss the way ahead for India’s EV Industry at CII NexGen Mobility Expo 

Pune (Voice news service):- Localization of components will be a key  to reach affordable technology landscape and to create sustainable ecosystem for EV Industry according to experts at a panel discussion on  Electrifying Mobility: Conventional ICE v/s EV Innovation, Adoption and Promotion – Strategies & Initiatives  at CII Next Gen Expo at Deccan College Ground . The panel included Mr Arvind Goel, Chairman, CII WR Taskforce on Future Mobility & Chairman, Tata AutoComp Systems Ltd., Mr Anand Kulkarni, Chief Product Officer & Head HV Programs, Product Line – Electric Vehicles Tata Passenger Electric Mobility Ltd, Dr Arup Basu

Managing Director Greaves Cotton Ltd, Ms Sulajja Firodia Motwani

Founder and CEO Kinetic Green Energy and Power Solutions Ltd., Mr Rajnikant Behera, Executive Director, RSB Transmissions (I), Mr Nitin Seth
Chief Executive Officer – New Mobility, Reliance Industries  and Mr Deepal Shah Country Manager, India ,BRUGGeCONNECT AG, Switzerland. 

Swati Khandelwal,Executive Editor , Zee Business moderated the session .

Mr Arvind Goel, Chairman, CII WR Taskforce on Future Mobility & Chairman, Tata AutoComp Systems Ltd., said that any disruption in technology takes time. We are on track, but there is a lot of scope to move faster.  It is also how we localize our components. Each and every part should be localized to serve the purpose of the country.  Export of components for electric vehicles would become far more important business in India. 

Ms Sulajja Firodia Motwani, Founder and CEO Kinetic Green Energy and Power Solutions Ltd said that we have begun well, the goverment has put a strong EV policy roadmap and Fame 1 and Fame 2 have succeeded in generating demand. The momentum has begun and we need to work to create critical mass of EV adoption something like 20 to 25%, enough scale for companies to be viable. In next phase of policy government should continue with the incentives and industry has been requesting the government for fame 3 which will help customers to buy EVs at affordable price .

Mr Nitin Seth, Chief Executive Officer New Mobility. Reliance Industries  said that there are three aspects which include energy, energy to  hardware and solutions. We need to address how we source the energy. The solution today is driven by subsidies which is not sustainable in the long run. OEMs and other stakeholders have to work together and localize. 

Dr Arup Basu, Managing Director Greaves Cotton Ltd,  said that inflection point for us is where reach affordable technology landscape. At that point of time we don’t need any external push because the demand for mobility will be well established.  If we have large options available there will be demand.  In the next 3 to 4 years there will be significant shift 

Mr Anand Kulkarni, Chief Product Officer & Head HV Programs, Product Line – Electric Vehicles Tata Passenger Electric Mobility Ltd said that we are not too far away when  Electric Vehicle to get to parity with ICE vehicles ( in terms of range of 200km) . There is a high degree of innovation taking place and will drive down the costs and change the value price equation.

Addressing the issue of charging infrastructure Mr Deepal Shah Country Manager, India BRUGGeCONNECT AG, Switzerland said that instead of focussing on number of charging stations, we need to focus on achieving the objective with highest level of safety and reliability and accessible to everybody . We can lower down the numbers with fastDC charging infrastructure. We can be a leader in EV infrastructure.

Mr Rajnikant Behera, Executive Director RSB Transmissions (I), 

said that the total cost of ownership is critical . Currently we are seeing a transition in the commercial vehicles, especially LCV. 

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