Buying an EV? Check If Your Electrical Grids Can Handle It
However, before we roll along with this ambitious plan, we need to ask ourselves an important question – how well-prepared are our electrical outlets that will fulfil this dream?
Financially, too, the solution doesn’t seem very feasible. A report by the Ola Mobility Institute, the company’s research wing for mobility solutions, says that “although the cost of electricity shrunk significantly post the implementation of special EV tariff in October 2018, it continues to be unfavourable for the economics to work.”
For commercial EVs, a lot of the electricity will have to be sourced from our overburdened power grids. Moreover, it still won’t be 100% clean energy, since the power currently being generated is through the coal (which again is a scarce resource).
All these challenges present an opportunity for companies and the government improve their financial strength, plug leaks, and integrate power generation from renewable sources with conventional grids to meet the power demand for EVs. They will have to prioritize and incentivize the modernization of India’s electrical infrastructure, otherwise, all the work on electric vehicles that the auto industry has completed will be for nothing.
Debarati is a perpetual wanderer, a thorough planner and a closet Bollywood lover. She spends her time writing and reading about anything and everything, when not busy fantasizing about a cabin in the mountains and food. Lots of food.