According to a WHO report, India is home to 14 of the highest 20 most polluted cities within the world. An increasing number of vehicles on roads led to a spike in pollution levels in India’s major cities. Having already crossed the permissible limits on particulate and carbon emissions, Indian cities like Delhi are screaming for better air quality for sustenance.
Many state governments and also the central government have identified benefits and began incentivizing passengers and vehicle-owners to commute by less-polluting or electric vehicles. Several government initiatives are taken to spice up ride-hailing also referred to as vehicle pooling to assist the mobility sector curb its emission and pollution rate. According to Niti Aayog, a government policy think-tank, India is ready to travel all-electric by 2023. A target of 2023 is expected for all-electric 3-wheelers, 2025 for two-wheelers, 2030 for four-wheelers.
While initiatives are implemented by the governments, their impact remains at an early stage. A more unified effort from different sectors including that of the manufacturing industries, AI-based platforms, and business solution providers alongside regulatory support can enhance the advantages for all. An increasing number of innovative solutions are emerging in India like self-driven hire car services that are proof of an impactful model. Some of the successful models are ride-hailing platforms like Ola and Uber, self-drive rentals, etc. which have totally emerged and altered the mobility sector making a screeching entrance into the walk connectivity, shared, connected and electric mobility space.
Disruptive business model space in India is being explored by many key players. Although it's mostly a gray area, many companies are trying to find opportunities during this unknown area in order that they don't lose out on the market when it flies. For example, Hyundai has found out a knowledge center in Chennai to collect feedback from working groups to develop new business models for shared mobility, electric vehicles, and connected mobility and make them accessible to a bigger section of the population who buys automobiles. Smart mobility solutions include three main important points; Clean Mobility, Free Mobility, and Connected Mobility.
“It could also be a really unusual time for the worldwide automotive industry. The likes of Tesla, Google and Apple are defining new ways during which a car are often consumed,”
According to VG Ramakrishnan, MD, consultancy firm Avanteum Advisor.
For any industry to flourish the main target must shift from what's already live immediately to proactively change with the market and innovate to offer better value to the customers.
In line with the upcoming disruptive models like rentals and rideshares, the car manufacturing sector also must increase its contribution through purpose-built vehicles. These new-age vehicles should be ready to offer redresses to issues concerning emissions, running costs and efficiency. An additional thought on optimizing engine powers with simpler and straightforward to wash interiors can benefit thanks to their easier assembly processes with lower distribution costs. The app-based ride-hailing services have changed the way we travel and thus the service extensions to more regions can boost the sector’s growth. However, so on beat challenges like congestion, emission, and costs, electric vehicles are the only solution.
Improvements in mobility sectors have gotten us faster, safer, smarter, efficient performances of the vehicles over the years. Today, the industry is refocusing towards using technology to make sure that well connected and cleaner mobility is out there to all or any . Resources like fuels and land spaces that are diminishing day by day push the industry to expand and stretch their horizons to make better solutions to travel beyond stylish vehicles and make a world where mobility enhances the standard of living.
A paradigm shift within the development of new-age electric vehicles, technological developments in making better batteries and charging infrastructures alongside newly created network models like ride-sharing and go green mobile ecosystems that are supported and encouraged by governmental and policymakers for a cleaner India is certainly playing a serious role within the increased Electric vehicle adoption rates building a “New Mobile India”. The electric vehicle revolution during this New India will confirm we leave a minimal carbon footprint and preserve the environment for our future generations by adopting clean and convenient mobility.