The National Mission for Electric Mobility (NMEM) formulated by the Ministry of Heavy Industries & Public Enterprises, Government of India lays down National energy security, mitigation of the adverse impact of vehicles on the environment and growth of domestic manufacturing capabilities as its objectives. NMEM promises to transform the automotive paradigm of the future by lessening the dependence on fossil fuels, increasing energy efficiency of vehicles and by providing the means to achieve the ultimate objective of cleaner transportation that is compatible with sustainable renewable energy generation. This will also encourage the Indian Automotive Industry to shift to newer, cleaner technologies so that it builds its future competitive advantage around environmentally sustainable products.
The Indian government has created momentum through its Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) schemes that encourage, and in some segments mandates the adoption of Electric Vehicles (EV), with a goal of reaching 30% EV penetration by 2030. The scheme creates demand incentives for EV and urges the deployment of charging technologies and stations in urban centers. Reducing the oil import bill, curbing pollution, meeting emission targets and relying on renewable energy are the broad reasons why adoption of EV is so crucial for India. The future potential for electricity-driven vehicles is enormous as India aims for an energy-ready and environmentally sustainable future.
The 'National Electric Mobility Mission Plan (NEMMP) 2020 projections indicate that the savings from the decrease in liquid fossil fuel consumption as a result of shift to electric mobility alone will far exceed the support provided thereby making this a highly economically viable proposition. Encouraging the faster adoption of hybrid & electric vehicles and their manufacture in India is a wise investment for the future. India is marching ahead on the EV path in its endeavour to reduce its carbon footprint, dependence on crude oil imports, creating jobs and building a new technology knowledge hub in India. India has all it takes to become a global provider for clean mobility solutions and processes that are affordable and scalable.
ELECRAMA 2020 has a dedicated pavilion that aims to connect the renewable energy sector comprising manufacturers to interface with the rest of the electrical ecosystem of end customers and users; namely private and public utilities, independent power producers and micro grid network operators. E-Mobility presents a new and huge opportunity for the Electrical industry to expand and grow exponentially. The E-Mobility track in the E-TechNxt at ELECRAMA 2020 aims to highlight these opportunities, technology trends, understanding challenges and solutions needed for meeting the evolving E-mobility domain.
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