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Redraw the lines for better planning: Read the thorough analysis below Smart city initiative necessitates a perfectly sculpted Governance structure Electric horses:
Context:
- The automobile industry is taking a serious look at moving away from fossil fuels and commercialise vehicles by electricity.
Merit:
- The e-vehicles (EVs) are quite affordable.
- The e-vehicles can cover a wide range on a single battery charge than the conventional motors.
- Making electric two-wheelers and public transport buses attractive through tax incentives is certainly feasible because these can be charged more easily and can be used for short trips within cities.
Key highlights:
- As the single biggest component in making electromobility mainstream, attention is focussed on battery technology.
- And the much talk of the town is the entry of Tesla.
- Tesla is set up with a goal to mass-market electric cars that are efficient on range, and offer a minimum of 340 km on one charge, while also scoring high on design.
- According to the assessment of Tesla, less material is being used to produce higher energy density, and at lower cost.
Prospects:
- Many major automobile manufacturers have announced plans for electrics to cater to both ends of the spectrum.
- That is marques aiming at several affordable models with a moderate range per charge, and luxury cars that run longer and appeal to keen buyers.
- India is planning to give electromobility a boost through its policy on EVs to be declared by December.
Challenges:
- The wider challenge today is to find the natural resources such as lithium, cobalt and nickel to make millions of batteries and recycle them later.
Conclusion:
- Definitely an advanced initiative and proper execution of which will strengthen the foundation pillars of the developing country.