The report, "Enabling Infrastructure Changes through Policies for Growth of EVs," underscores the critical role of infrastructure in accelerating the adoption of electric vehicles (EVs) in India. It highlights the need for comprehensive policy support across four key areas: physical infrastructure, power infrastructure, economic infrastructure, and social infrastructure.
Physical infrastructure focuses on developing a robust and distributed charging ecosystem and establishing battery recycling facilities. The report stresses the importance of standardizing charger connectors, selecting optimal locations for new charging stations, and reducing the upfront costs for Charge Point Operators (CPOs). It also advocates for the integration of renewable energy sources to support EV charging and the augmentation of distribution assets to manage the increasing power demand.
Power infrastructure involves managing the growing electricity demand and improving the quality of power supply. The report suggests promoting on-grid solar charging stations and adopting the Green Energy Open Access Rules, 2022, to facilitate the use of renewable energy among industrial and commercial consumers.
Economic infrastructure aims to ensure access to low-cost capital for EV buyers and create an efficient taxation structure across the EV value chain. The report recommends achieving parity in the GST structure for EV components and vehicles, adding EVs to the priority sector lending list for banks, and supporting innovative vehicle ownership models such as battery-as-a-service and battery leasing.
Social infrastructure focuses on educating and enhancing the capabilities of various stakeholders, including fleet drivers, traditional mechanics, and manufacturing workers. The report highlights the need for targeted training and skill development programs, incorporating EV-specific courses in Industrial Training Institutes (ITIs), and incentivizing companies offering internships in related areas. It also emphasizes the importance of raising public awareness about the benefits of EVs through marketing campaigns and supporting incentives like free parking and toll tax exemptions.
The report concludes that right policy support and faster decision-making can foster collaborations across stakeholders in the EV ecosystem, including government bodies, private enterprises, and international partners. This collaborative approach is essential for driving innovation and investment, which are crucial for developing infrastructure that keeps pace with the growing demand for EVs. By addressing these infrastructure needs, India can significantly advance its EV adoption, reduce its oil import bill, and lower CO2 emissions, contributing to a more sustainable future.
In summary, this report provides a comprehensive roadmap for enhancing India's EV infrastructure through strategic policy changes. It emphasizes collaboration among various stakeholders to create a supportive ecosystem that promotes sustainable urban transportation while fostering economic growth.
