Indian Government is on the way to adopt the latest technology that is based on hybrid vehicles operated through chemical methanol. On the verge of its Niti Aayog scheme that has changed the way electric vehicles are running across the country. Even the Modi led NDA government is pushing for complete EV by the end of 2030.
The emerging reports have claimed that the high cost and the unavailability of lithium-ion batteries for EV may have forced the Niti Aayog to reconsider its glance on EV. According to a report, the agency is now working for a policy for introducing electric vehicles based on methanol. If this will be true, the latest move could come as a mind blowing options for the government as well as for the major automobile industries including TATA and Mahindra.
Hybrid EV based on Methanol
As stated by one of the official, “Moving to electric vehicles would require setting up of large infrastructure, mainly charging stations across the country, and it would put additional burden on already growing demand for electricity.” Besides, they are also planning to outsource additional electricity to support the electric vehicles and lack of its expertise in India to make lithium-ion batteries to power the vehicles may have raised serious concerns. On the other note, the automobile makers have previously raised their voices against the latest step stating that a sudden shift to this new technology would hamper the market which is still beginning to pick up the momentum.
In addition to this, the fact that the easy availability of methanol and it does not require additional electricity as it can be produced while running the vehicles are the major factors to push the alternative fuel. However, the success of such hybrid automotive is unclear and it is doubtful how the common man is going to adapt to this latest technology.
State Government Supporting the Scheme
In order to support the emerging new technology, the state governments are supporting the Niti Aayog scheme in various manners. As per the latest policy to adopt EV, the Karnataka state government will buy 640 EVs under the central government’s Fame India subsidy scheme. In an official statement, the government has supported the electric vehicles as stated, “We have received approval from the Department of Heavy Industries to purchase the electric vehicles under the National Electricity Mobility Mission of the Central government’s Fame India scheme.”
As we segregate the 640 electric vehicles, the government is planning to adopt 40 electric buses, 100 cars and the rest 500 will be three wheelers for transportations. The department is giving subsidies up to 60% under the scheme with funds to set up infrastructure to charge the vehicles across the major cities of the state of Karnataka. The statement also revealed that the electric vehicles will be operated by the state run transport corporation.
Fast adoption of EVs
This is not the first time the government has take steps to make a faster adoption of electric vehicles. In the year 2015, the government has promoted the Faster Adoption and Manufacturing of Hybrid Electric vehicles to promote eco-friendly vehicles across the country. The government has also provided fiscal and monetary incentives for adopting the market creation of both hybrid and electrical technologies. The scheme covers all the vehicle segments including three-wheelers, four-wheelers and two-wheelers as light commercial vehicles and busses. The scheme also covered the strong hybrid plug-ins and batteries.
In the vision of New India, this seems like another robust Modi move. We hope this adds to clean and pollution free India.