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BUILDING A SUSTAINABLE ECOSYSTEM APPROACH AND ROADMAP FOR THE LONG-TERM SUCCESS OF THE EV VISION

Siliconindia - India Edition

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February 2021

An exemplary individual with multiple successful projects in automotive project life cycles research and development, vehicle design and manufacturing, operations, sales and strategy.

- Rahul Shonak

BUILDING A SUSTAINABLE ECOSYSTEM APPROACH AND ROADMAP FOR THE LONG-TERM SUCCESS OF THE EV VISION

The future, they say, is electric and India’s goal of becoming a 30 percent electric mobility-led country by 2030 is one giant step towards this ambitious future. A report by Centre for Energy Finance (CEEW-CEF) stated that India’s electric vehicle market could be worth $206 billion in ten years if it were to achieve its 2030 electric vehicle EV goal. If that isn’t impetus enough to adopt electric mobility, the pollution-free environment we experienced during the COVID-induced lockdown in 2020, definitely is!

The fact is, India has been pushing for EV adoption for many years – the increase in the number of OEMs, government moves like tax breaks and subsidies on EV buying, and rising awareness among consumers – all point towards our collective intent to switch to clean energy. So how will this intent be actualized in reality? The answer lies in becoming self-reliant or, as our government has put it, in being Aatmanirbhar.

AATMANIRBHAR INDIA: THE KEY TO UNLOCKING A SUSTAINABLE FUTURE OF MOBILITY

2021 will mark India’s Jubilee year of independence. Our country’s evolution post-independence is an irrefutable testament to what self-reliance can do for a nation. Right after August 1947, the country faced distinct challenges such as food, housing, healthcare, and many more. Our leaders realized that the key to sustained growth across all industries was to be self-sufficient (Aatmanirbhar).

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