Electric Vehicles without Batteries-the future for the Indian EV market?

The Ministry of Road Transport and Highways (MoRTH), Government of India allows the sale of EV’s without batteries to reduce the upfront cost.

In an attempt to promote electric mobility in India, the Ministry of Road Transport and Highways (MoRTH), Government of India, has decided to permit sales of electric vehicles in India without a battery. This has been done to bring down the upfront cost of EVs since the most expensive component on an electric vehicle is the battery pack. Since a battery can account for more than 40 percent of an electric vehicle’s cost, this move is expected to boost the sales of electric vehicles in India by bringing down their upfront cost. It will also boost the battery industry in the country, bringing down the cost of EV batteries. The customer will have the option to retrofit an electric battery as per his requirements.

THE PITFALLS

While this move was appreciated by various EV makers there are some conspicuous issues that should be tended to. Right off the bat, there is no compelling reason to determine the Make/Type or some other subtleties of the Battery with the end goal of Registration. While insignificant this may decrease vehicle security, also disputes may arise regarding the ownership of batteries and battery thefts may be easier.

As per the Mahindra, the administration’s notice has created some turmoil as well.

An EV producer is liable for the wellbeing of the vehicle however permitting retrofitting of batteries could endanger this. It could likewise prompt guarantee related disarray when the battery is bought from an alternate OEM.

Since either charging or trading is post-deal charge recharging strategies. Both can exist in the current system. This move has not been thoroughly considered and the business has not been counseled.

Is it still a revolutionary decision?

While having different entanglements the choice is as of now still inclining towards the better side. The key advantages of the choices are probably going to be in the point of view of the buyers who will currently be dishing out significantly less cash in advance as they hope to change to greener transportation. What’s more, the subsequent advantage is for the specialty market of battery trading arrangements, which can develop from here to venture into an enormous industry.

In any case, the effectiveness of a battery trading EV foundation isn’t known excessively well right now. While the undeniable advantages are effectively noticeable there are some concealed advantages also.

First is quality, as indicated by Ather Energy,

this most recent move by the legislature will likewise profit electric vehicle makers as they will have the option to offer unrivaled items at a reasonable cost.

Additionally, EV clients will have the option to overhaul their vehicles and batteries independently according to their necessities this gives the clients a feeling of opportunity as they can designate their capital all the more precisely to their requirements.