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2018-09-03 17:45:03

One Nation-One Card’ policy for public transport: Amitabh Kant, CEO Niti Aayog

Automobiles Industry is in the midst of a radical disruption

Electrification of two wheelers is key

Focus will be on public transport, sharing of vehicles

By 2025-26, drastic drop in battery cost expected; world will witness significant innovation

Going forward, the battery market to be a $300 billion opportunity

By 2030, India to drive the global market with respect to EVs and Shared Mobility

India, which is at the crux of a mobility disruption, will shortly unveil a ‘One Nation-One Card policy’ for public transport that will entail connectivity between various modes of transport, said Amitabh Kant, Chief Executive Officer, NITI Aayog at the “Future Mobility Summit-2018- India’s Move to NextGen Transport Systems jointly organised by NITI Aayog and CII.

While the Indian mobility market is expected to see dynamic changes, it is expected that the biggest disruption will play out in the battery storage space which is expected to be a $300 billion opportunity in the years to come. The storage battery industry will cater to future demands of the mobility industry and the renewable energy industry as batteries alone can bring in the balancing factor for the infirm power.

A robust transportation sector is the backbone for the development of any economy, more so for a densely populated developing country like India. The road transportation segment alone contributes to around 4 per cent of India’s GDP with the segment still being heavily dependent on fossil fuels. In the wake of the worsening air quality in the country’s major cities, rising concerns of climate change and an ever-increasing oil import bill, mobility is a crucial piece of the development puzzle and the key to unlocking the potential of India's economy and people.

As India looks out for possible alternatives, four technology-driven trends—electrification, shared mobility, connectivity and autonomous driving—are leading the automotive industry. Stricter emission regulations, lower battery costs, more widely available fast charging infrastructure, increasing consumer acceptance and better total cost of ownership (TCO) have been the major reasons for this new transition.

Amitabh Kant, Chief Executive Officer, NITI Aayog, said: “The focus of our mobility strategy is on sustainable modes of public transport, transport oriented planning, digitisation, among others. The objective of the strategy is to plan for the citizens of India first, rather than focussing on vehicles alone, by providing sustainable mobility and accessibility by switching to cleaner mode of transportation such as electric, ethanol, methanol, CNG, LNG and hydrogen fuel cells.”

Echoing the same sentiment, Anil Srivastava, DG, DMEO and Advisor, NITI Aayog added: “The Government of India is working towards achieving a robust mobility ecosystem across India. The citizens, on their part, should work towards sharing a ride not owning the ride. The Government has integrated many stakeholders across departments to drive India’s mobility vision.”

Manoj Kohli, Chairman, CII Task Force on Electric Mobility and Battery Storage and Executive Chairman, SB Energy (SoftBank Group) said: “For building a robust mobility ecosystem in the country, it will be important to strike joint venture agreements between the Government and the Industry to build on the infrastructure requirements and to improve the quality of transmission of power of charging stations.”

For India to build a robust mobility ecosystem, it is important to develop the following:

• Automobile Manufacturing
• Manufacturing of Storage Batteries in India
• Promoting the Mobility Change in the App–based Aggregators
• Infrastructure
• Integration of Mobility with Renewable Energy

India can achieve this mobility leapfrog by pursuing and integrating opportunities across six core areas: mobility services to support the shift from ownership to usership; electric mobility to provide a clean fleet; EV-grid integration to provide a clean fleet and make the grid more flexible, helping deploy modern renewables; product manufacturing to develop domestic supply; and both mobility-oriented development and interoperable transport data to enable seamless integration and enhanced efficiency. An integrated approach can unlock additional value and drive faster, more balanced scaling.

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