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The New Era of Mobility

By Niranjan Mudholkar,

Added 25 April 2018

EVs are a reality in India and will be ushered in the years to come, says A M Devendranath, Vice President and Head (Energy Practice), Feedback Business Consulting.

Inadequacy of charging infrastructure is a challenge as well as opportunity. How do you see this panning out in the next two years?

A huge opportunity I must say. I say this as we are witnessing a huge Imports of Electronics which is happening in India in other products. Now with EVs, we have a new opportunity to create a Make in India opportunity in power electronics which has traditionally been a strength for the country. New business models will evolve here and charging infra will be the next big infrastructure development for the future. In the next 2-3 years, we will see pilots coming up in various centres by various players to assess the right business model one needs to deploy here.

What role do you see the shared mobility business playing in the growth of EV concept in India?

Public Mobility will be key driver for EVs in India as I have mentioned above. In the recent years, with the advent of App based mobility operators, we are already witnessing a huge movement towards Shared mobility - research also points to this fact. In future, EVs will bring in a lot of flexibility and a multimodal EVs based transportation is not far off. Already, hear some players are focusing in a EVs based Multi-modal solutions in certain parts of the country. Also, we should not discount the impact of E-Rickshaws which is hugely popular now with the masses at the BOP segment.

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