NITI Aayog<\/a> has proposed setting up of Giga factories in the country. <\/p>\n\n\n\nIn-Detail <\/h3>\n\n\n\n
The government is working hard to push electric mobility in the\ncountry in the wake of climate change due to the burning of fossil fuels. <\/p>\n\n\n\n
In such a scenario, the NITI Aayog has recommended that all\nthree-wheeler vehicles in the country after March 31, 2023, must be electric,\npowered either by lithium-ion or other advanced batteries. <\/p>\n\n\n\n
Also, it has recommended that all two-wheelers below 150cc must\nbe electric after March 31, 2025. <\/p>\n\n\n\n
As part of these recommendations, it has proposed to set up Giga\nfactories in the country. <\/p>\n\n\n\n
Giga factories produce lithium-ion batteries at a massive scale.\nThese are in lines of Giga Factories of Tesla company, USA. <\/p>\n\n\n\n
The Aayog wants at least three to four factories in the country\nin the next 2-3 years to supply the batteries and fulfil the demand of the\nautomobile industry. <\/p>\n\n\n\n
As this industry is a sunrise industry, India has to develop\ncapabilities to be competitive at the global stage. <\/p>\n\n\n\n
If not, the country should depend on imports which is a costly\naffair. <\/p>\n\n\n\n
Already India is projected to import $400 billion worth of\nelectronic goods in the next four years. Adding batteries to this list is\ndetrimental to the economy. <\/p>\n\n\n\n
India is already developing capabilities to develop new advanced\nbatteries that can replace lithium-based batteries. <\/p>\n\n\n\n
Opposition <\/h3>\n\n\n\n
The automobile Industry, especially the two-wheeler segment is\nopposing the recommendations of the Aayog. <\/p>\n\n\n\n
It says that the recommendations are impractical and will disrupt\nthe industry. <\/p>\n\n\n\n
As of now, the batteries are not being made in India and are\nexpensive. In such a scenario, turning all two-wheelers to electric is not\nfeasible. <\/p>\n\n\n\n
Electric Vehicle Push <\/h3>\n\n\n\n
There is an urgency seen on the part of the government in pushing\nelectric vehicles and it is rightly so. India cannot afford to burn more fossil\nfuels as the country will be the most affected due to climate change. <\/p>\n\n\n\n
It has already launched the FAME II (Faster Adoption and\nManufacturing of Hybrid and Electric Vehicles) scheme to push the manufacturing\nof electric vehicles (EVs) in the country and increase them in the vehicle mix.\nBut, the industry seems to be in a fix. <\/p>\n\n\n\n
The industry is skeptical as the adoption of EVs in the country is poor. Also, huge costs are involved in developing the necessary manufacturing capabilities and the cost of batteries has already been mentioned. The proposed Giga factories when fructifies will come to the rescue of the industry. On its part, the industry should stop worrying about disruption and embrace EVs as humanity has no time left. <\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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