Energetica India - June 2020

ELECTRIC VEHICLE tivities, and allowing them to engage in other activities or rest. Since these cars are supposed to be less prone to crashing, they need fewer safety features and can,therefore, be smaller and lighter than current vehicles,making them better suited to electric power. Shared mobility These serve several people throughout the day, in contrast to personally owned vehicles that are parked 90% of the time. Shared mobility is an umbrella term that encompasses a variety of transportation modes, including car sharing, bike sharing, peer-to-peer ridesharing, on-demand ride services, micro-tran- sit, and other modes. According to a McKinsey report, sharing cars likely means slower growth of vehicle sales. It also suggests substantial new opportunities for automakers, suppliers, mobility players, policymakers, and countries at large.The increasing popularity of shared mobility will slow global vehicle sales but not reverse them. If utilized in its full potential, Indian roads may see less traffic and 1/3 of the current vehicles will go off the streets. Together with autonomous cars, this would enable mobility players to reposition vehicles optimally, allowing smaller fleets to provide adequate coverage and reducing the fixed cost base. Electric vehicles There was a time when people thought of electric vehicles as a distant option. However, in the recent past, it is proved that it is the only way forward and in the future.At a fundamental level, electric cars offer a dramatically lower operating cost- compared to conventional internal combustion engines. On average, electric vehicles are 75-80% cheaper from fuel and maintenance perspective, which is an important consideration for many consumers who have high usage. The new inventions in the battery and charging technologyare going to eliminate any hiccupsand ultimately change the perspective of EV penetration in India.According to a Niti Aayog report, India will need 50 GWh of battery storage capacity by 2022.This which shows the confidence our policymakers are putting on the Electric Vehicles.The required changes in India’s “National Electric Mobility Mission Plan (NEMMP) 2020” can address the remaining limitations in the policy and present a positive picture to the public. A Sustainable Future According to available projections, Connected Autonomous Shared Electric (CASE) vehicles would make up a significant part of the total mobility fleet in the future and considerably decrease passenger-kilometer costs.Automotive and transpor- tation are not the only industries that will be disrupted by this development.Autonomous mobility is also expected to affect city planning significantly and considerably change the laws of real-estate markets. Technology is no longer the biggest hurdle.We need to create the collective will to move forward. Prototypes need to be de- ployed in respective communities so that we can learn what works. Such learning cycles are essential to prove what is pos- sible, to identify what consumers like and dislike, to determine which business models are attractive, and to avoid unintended consequences. However, the effective roll-out of E-Mobility in the country entirely depends on three key aspects –the government, infrastructure,and automotive industry players.A consistent and stable policy on emission regulations along with incentives, subsidies, better infrastructure– road, signaling sys - tem and charging points, alternate business models for power and oil & gas companies,and a supportive ecosystemto prevent any job losses are some of the ingredients the stakeholders need to ensure to implement E-Mobility in India successfully. While enabling automakers to develop secure and reliable connected vehicle services, we should address the complete vehicle and subscriber lifecycle & supporting a new era of connected safety with advanced driver-assistance systems as we blaze the trail of automated driving. For global automak- ers, engineering service enterprises should enable cognitive intelligence along with services like the development of IVI, instrument cluster, connected systems, autonomous systems, e-mobility, shared mobility and more. Sustainable mobility is a team sport. We must bring together technology, systems-design methods, and business models to supply better mobility at a low cost to consumers and societies. 38 energetica INDIA- June_2020