{"id":76348,"date":"2021-01-12T11:11:20","date_gmt":"2021-01-12T05:41:20","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=76348"},"modified":"2021-01-12T11:27:11","modified_gmt":"2021-01-12T05:57:11","slug":"efforts-to-increase-electric-mobility-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/efforts-to-increase-electric-mobility-in-india\/","title":{"rendered":"Efforts to increase Electric mobility in India"},"content":{"rendered":"<p><b><span data-contrast=\"none\">Synopsis:\u00a0<\/span><\/b><span data-contrast=\"none\">Significance of shifting towards electric vehicles for India and how the government has actively facilitated this process<\/span><\/p>\n<p><b><span data-contrast=\"none\">What are the significances of shifting to electric vehicles for India?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Transition to electric vehicles is important for India as not only it will save public money but also the environment.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"12\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">The progression to electric vehicles\u00a0<\/span><b><span data-contrast=\"none\">will make India sustainable<\/span><\/b><span data-contrast=\"none\">\u00a0as it has the potential to reduce carbon emissions and build self-reliant domestic energy sector.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"12\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">it can\u00a0<\/span><b><span data-contrast=\"none\">reduce dependence on crude oil<\/span><\/b><span data-contrast=\"none\">\u00a0and help to save government money especially the\u00a0<\/span><b><span data-contrast=\"none\">FOREX<\/span><\/b><span data-contrast=\"none\">. For example,\u00a0<\/span><b><span data-contrast=\"none\">India is the<\/span><\/b><span data-contrast=\"none\">\u00a0<\/span><b><span data-contrast=\"none\">third-largest oil importer in the world\u00a0<\/span><\/b><span data-contrast=\"none\">in terms of value. In 2018\u201319, India imported 228.6 MT of crude oil worth $120 billion.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"12\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Besides being an economically and environmentally viable option, India\u2019s transition to electric vehicles will also\u00a0<\/span><b><span data-contrast=\"none\">allow us to improve our infrastructure<\/span><\/b><span data-contrast=\"none\">.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"12\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"none\">This will also have a\u00a0<\/span><b><span data-contrast=\"none\">significant impact on our foreign policy<\/span><\/b><span data-contrast=\"none\">\u00a0as our energy security dependence will shift from\u00a0<\/span><b><span data-contrast=\"none\">West Asia to Latin America<\/span><\/b><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Sourcing Lithium\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In India, In the last two years,<\/span><b><span data-contrast=\"none\">\u00a0lithium imports have tripled from $384\u00a0<\/span><\/b><b><span data-contrast=\"none\">mn<\/span><\/b><b><span data-contrast=\"none\">\u00a0to $1.2 bn<\/span><\/b><b><span data-contrast=\"none\">\u00a0and its demands are being\u00a0<\/span><\/b><span data-contrast=\"none\">fulfilled by imports from China, Vietnam, and Hong Kong.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"none\">Latin America\u2019s famous\u00a0<\/span><b><span data-contrast=\"none\">lithium triangle<\/span><\/b><span data-contrast=\"none\">\u00a0Argentina, Chile, and Bolivia, encompasses about 80% of the explored lithium of the world.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"none\">Currently, India\u2019s majority of trade from Latin America is concentrated on crude oil which includes 14%-20% of India\u2019s total crude oil imports which is likely to change towards Lithium and cobalt.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"none\">government is looking to buy\u00a0<\/span><b><span data-contrast=\"none\">overseas lithium reserves<\/span><\/b><span data-contrast=\"none\">\u00a0to develop domestic battery manufacturing capacity.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"none\">In 2019, a\u00a0<\/span><b><span data-contrast=\"none\">joint venture agreement<\/span><\/b><span data-contrast=\"none\">\u00a0was signed between three Indian\u00a0<\/span><b><span data-contrast=\"none\">CPSE\u2019s<\/span><\/b><span data-contrast=\"none\">\u00a0(National Aluminium Company (NALCO), Hindustan Copper Limited (HCL) and Mineral Exploration Corporation Ltd (MECL)) to form\u00a0<\/span><b><span data-contrast=\"none\">Khanij\u00a0Bidesh\u00a0India Limited (KABIL)<\/span><\/b><span data-contrast=\"none\">\u00a0that has the objective to explore<\/span><b><span data-contrast=\"none\">\u00a0strategic mineral assets\u00a0<\/span><\/b><span data-contrast=\"none\">like lithium and cobalt abroad for commercial use and to meet the domestic requirement for battery manufacturers.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">What were the steps taken by government to facilitate the shift towards electric vehicles?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">With the vision to have 30% electric vehicles plying the roads by 2030 the government of India has taken up the following initiatives.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"none\">First, under the\u00a0<\/span><b><span data-contrast=\"none\">Faster Adoption and Manufacturing of Hybrid and Electric Vehicles<\/span><\/b><span data-contrast=\"none\">\u00a0and\u00a0<\/span><b><span data-contrast=\"none\">Fame 2.0<\/span><\/b><span data-contrast=\"none\">, the government has allocated\u00a0<\/span><b><span data-contrast=\"none\">$1.3 billion in incentives<\/span><\/b><span data-contrast=\"none\">\u00a0for electric buses, three-wheelers and four-wheelers to be used for commercial purposes till 2022, and earmarked another $135 million for charging stations.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"none\">Second,\u00a0<\/span><b><span data-contrast=\"none\">NITI Aayog<\/span><\/b><span data-contrast=\"none\">\u00a0has proposed for a\u00a0<\/span><b><span data-contrast=\"none\">$4.6 billion subsidy<\/span><\/b><span data-contrast=\"none\">\u00a0for battery makers to facilitate domestic manufacturing of\u00a0<\/span><b><span data-contrast=\"none\">Lithium batteries<\/span><\/b><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u00b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"none\">Third, In September 2019, government gave its nod to set up a manufacturing unit in Gujarat by Japanese consortium (Suzuki Motor+ Denso+ Toshiba) to venture into the production of lithium-ion batteries and electrodes.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span data-contrast=\"none\">The Indian government\u2019s\u00a0<\/span><b><span data-contrast=\"none\">pre-emptive policy<\/span><\/b><span data-contrast=\"none\">\u00a0action will not only help the lithium and cobalt industry to grow domestically but also help India to chalk out a long-term solution to\u00a0<\/span><b><span data-contrast=\"none\">clean our cities<\/span><\/b><span data-contrast=\"none\">, build new markets, and\u00a0<\/span><b><span data-contrast=\"none\">skill people<\/span><\/b><span data-contrast=\"none\">\u00a0for new jobs towards an \u2018<\/span><b><span data-contrast=\"none\">Atmanirbhar\u00a0Bharat\u2019<\/span><\/b><span data-contrast=\"none\">.<\/span><\/p>\n<p><span style=\"font-size: 14pt; color: #ff0000;\"> Read Also : <a style=\"color: #ff0000;\" href=\"https:\/\/forumias.com\/blog\/current-affairs\/\" target=\"_blank\" rel=\"noopener noreferrer\">current affairs for upsc<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis:\u00a0Significance of shifting towards electric vehicles for India and how the government has actively facilitated this process What are the significances of shifting to electric vehicles for India?\u00a0 Transition to electric vehicles is important for India as not only it will save public money but also the environment.\u00a0 The progression to electric vehicles\u00a0will make India&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/efforts-to-increase-electric-mobility-in-india\/\">Continue reading <span class=\"screen-reader-text\">Efforts to increase Electric mobility in India<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":76358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,1351,1310,9,959],"tags":[1397],"class_list":["post-76348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-9-pm-daily-articles","category-daily-news","category-daily-news-updates","category-public","category-schemes","tag-eco_9","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2021\/01\/Efforts-to-increase-Electric-mobility-in-India.jpg?fit=1280%2C720&ssl=1","views":{"total":0,"cached_at":"","cached_date":1701082509},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/76348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=76348"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/76348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/76358"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=76348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=76348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=76348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}