India Plans to Only be Using Electric Cars by 2030

India plans to switch to electric cars by 2030.

The Indian government recently announced that it will head towards using purely electric cars by 2030, which leaves only 13 years for this transition from petrol and diesel to electric. The Power Minister of India, Piyush Goyal, explained at a Confederation of Indian Industry session that by 2030, not even a single petrol or diesel car should be sold in the country.

THE NEED TO GO ELECTRIC

The Indian government had to take this step following the alarming situations that crept upon it in the country. India is the third-largest importer of oil, paying almost $150 billion annually for the commodity, as well as facing the world’s fastest growth in oil consumption in recent years. As well as that, it’s likely to become the world’s third largest auto market by 2020. Pollution is also at a frightening rate in the country, mostly due to the release of harmful gases from fuel-driven vehicles. According to the World Health Organization, over half of the 40 most populated cities in the world are located in India.

Making the switch from petrol and diesel cars to fully electric cars will be beneficial for two main reasons. Firstly, it will save India $60 billion in energy by 2030. Secondly, it would decrease carbon emissions by over 37% in the country.

Looking at the huge differences in money saved and reduced carbon emissions, it comes to no surprise that other regions are also trying to make the switch into electric cars.

WHO ELSE IS MAKING THE SWITCH TO ELECTRIC?

Norway is aiming to ban all its fossil-fuel based cars by 2025 and is heavily emphasizing the use of electric vehicles. Scandinavia has also adopted the plan to switch to electric vehicles, having an estimated 100,000 electric cars in use so far. With the sales of electric vehicles likely to boost this year, it’s likely that the total number sold will exceed that of petrol and diesel cars.

The implementation of the plan is an ambitious goal of India that is faced with a plethora of challenges. This sort of innovative planning, however, is needed to enhance our lives as well as the country’s condition.

According to the data issued by the World Health Organisation, India has a population of about 1.3 billion, out of which 160 million vehicles were registered in 2012. The registered vehicles included more than 38 million cars, 115 million motorcycles and three-wheeled vehicles, 4 million trucks and 1.7 million buses.

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Projected data for electronic car sales up to 2030. Image source: Bloomsberg

So far, only a few thousand of cars in India are electric powered. The government is aiming to encourage car buyers to opt for electric cars by introducing financial benefits to the consumer.

By providing finance scheme whereby the buyers will have to pay zero down-payment and pay later through easy monthly installments, they hope that the price of the cars will not become a factor. As well as this, charging electric vehicles is usually much cheaper than filling up with petrol or diesel, thus saving the consumer money in the long term.

WOULD CHARGING THE CARS BE AN ISSUE?

Electric cars so far seem entirely futuristic, as the concept of fully battery powered cars is new to everyone. Unlike the battery in a fuel driven car, which only starts the engine and runs accessories, the battery in an electric car will be the energy source for the entire vehicle. Thus, the battery needs to be strong and long-lasting. It would also require charging and for this India has started building multiple charging stations in various cities.

The massive electric vehicle fleet would require stations to charge. The country has completed the infrastructure of few of these so far, with more likely to appear. At present, 10 Indian cities are housed with the charging stations and the capital city has 23 of them.

Whilst using electric cars is so far a new idea that’s slowly being implemented, it is an idea that is rapidly becoming a legitimate alternative to petrol and diesel. 2030 might seem like an ambitious target, but the current growing interest in electric cars could mean that 13 years is an entirely achievable goal.

Source NDTV World Economic Forum

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