Getting Indian cities electric-vehicle ready

With the world’s half population residing in cities and growing steadily at a fast pace, the need for a greener planet is felt. Countries from all continents have pledged to reduce carbon emissions. Moreover, developing countries like India have adopted policies to promote Electric Vehicle usage. By 2030, there are expected lakhs of fast chargers to meet the changing demands of an increasing number of EVs.

Increasing population and pollution

By 2050, cities across the globe are expected to witness significant population growth by around 66%. Indian population residing in cities by that time will touch around 60%. However, cities comprise just two percent of the world’s landmass. It is likely to leave behind an enormous footprint concerning climate impact.This will mean, about two-thirds of global energy will be consumed while emitting 70% of carbon dioxide.

Protecting the environment

The other concern is global warming whose effects are already being felt on almost all continents. India’s energy security can be improved by considering vehicular electrification and adopting cleaner transportation methods.This can provide a sustainable progress path, reduce greenhouse gases as well as ensure a conducive environment. Plug-in hybrid and battery EVs are slowly, but steadily gaining prominence as a mode of transportation.

Need for charging infrastructure

The EV segment is projected to have decent growth. It facilitates the development of an accessible and consistent network of charging stations on streets and homes. Electric Vehicles are enjoying increased sales these days due to increasing awareness among the public about their benefits.Also, battery prices are becoming cheaper with the usage of advanced technology. More ev charging stations in India are needed.

Increasing global EV sales

When sales of EVs are concerned, China is projected as the leader. 2018’s first quarter saw EV sales touching 142,445 which is a sharp increase of 154% over 2017’s initial quarterly sales. On the other hand, a 48% increase in sales was witnessed in Norway from 35%. Even in the U.K., sales have increased to 11%.

Future requirements

In the capital city Delhi, by 2030, there will be needed 300,000 fast chargers considering the increase in EVs by 30%.Taxis are likely to comprise around 12% and are expected to be the main users of these fast chargers. Hence, trying to match this increasing requirement will need an infrastructure investment of about $1 – $1.5 billion.