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state electric vehicle policy


Kerala's electric vehicle (EV) policy envisages an ambitious target of introducing one million EVs in the State by 2022. The State has planned a pilot fleet of 3,000 buses, 100 ferries, two lakh two-wheelers, 50,000 three-wheelers and 1,000 goods carriers. The State-run KAL plans to roll out 8,000 e-autos a year. It has also tied up with Swiss e-bus manufacturer HESS to assemble and later manufacture e-buses, for which a memorandum of understanding (MoU) was signed. The plan is to make 3,000 e-buses for KSRTC. The KSRTC has already invited bids for 1,500 e-buses on wet lease this year.
Malappuram, Thiruvananthapuram, Ernakulam, Thrissur, Kozhikode, Palakkad, Kollam, Kannur, Alappuzha, Kottayam, Kasaragod, Pathanamthitta, Idukki, Wayanad

Key highlights

  1. ambitious target of 10 lakh EVs on the road by 2022
  2. A pilot fleet of two lakh two-wheelers, 50,000 three-wheelers, 1,000 goods carriers, 3,000 buses and 100 ferry boats are planned as part of EV adoption.
  3. KAL has become the first PSU in India to manufacture electric autorickshaws
  4. KAL will produce around 8,000 autorickshaws every year
  5. Almost 50% of the beneficiaries of e-autos would be women.
  6. Considering Keralas ambitious plan to roll out a million electric vehicles by 2020, the GST reduction from 12 per cent to 5 per cent and the income tax exemption of up to Rs 1.5 lakh for EV consumers will be a major boost to EV startups in Kerala

Academy of EV Technology - Bengalore Branch

Electric vehicles off to a good start in 2019

The government of Kerala has finalised an electric vehicle (EV) policy for the state. The Cabinet approval came with some changes in the draft policy. One aim is to procure 6,000 electric buses for the state road transport corporation by 2025.

In the first phase, EV buses will ply in Thiruvananthapuram. Other vehicles powered by electricity are to be progressively phased in. Charging stations will be set up.

An e-mobility promotion fund is to be started, with Rs 12 crore allocation. Around 10,000 electric autos will be given a subsidy from this year.

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Electric Vehicle Charging Project

Current growth predictions

For 2020, before the COVID-19 crisis, the outlook for global growth stood at around 36%, with 3 million new unit deliveries. This trend was set to continue in 2021, with 4 million units (5% of all vehicles). Although COVID-19 has impacted the current sales, it has also proved how big is the impact of the fuel road transport to the overall pollution. Now more than ever we realize how important is to care our environment. The total electric vehicle stock was forecasted to be 13 million (9.2% penetration), and this trend will continue to rise for decades. This growth will be influenced by several factors, according to specialist firms and pacesetters in the sector.

EV charging equipment and services

In 2018, the world's total power consumption to charge the stock of 4 million EVs came in at around 10 TWh (12,500 km/year on average per car consuming 20 kWh/100 km).

The sector of EV supply equipment (EVSE) manufacturers and solution providers must invest heavily. Meanwhile, the EV charging sector offers many opportunities for both small and large enterprises, which must also make big investments to reap the benefits.

Business Opportunities and Demand

Electric Vehicle Service Equipment (EVSE) market kept growing in recent years. As many Electric Vehicle manufacturers publish Electric Vehicle with EVSE, EVSE market will keep in rapid development.Viewed from the supply side, in the past few years, less company entered into EVSE industry. Most of the manufacturers concentrate in US and EUViewed from the demand side, the current demand for EVSE product is growing.

Electric Vehicle Service Equipment (EVSE) Market Segment by Product Types considering Production of Level 1, Level 2, Level 3

Electric Vehicle Service Equipment (EVSE) Market Segment by Applications considering Consumption of Home, Public Parking, Shopping Mall, Office Parking, Hotels, Other

Forecasts by Power Type (AC Power and DC Power), by Product (Portable Charger, EV Charging Kiosk, Onboard Charging Station and Others), by Charging Station Type (Normal Charging, Super Charging and Inductive Charging), by Application (Residential and Commercial).

India's EV Charging Industry

Electric car related business opportunity is EV charging station. Electric car charging stations can be developed and installed as per the standards accepted in the area where it is installed. Home based charging stations, private charging stations are other opportunities in electrical car related business.

EV charging station management and repair would be a profitable business. If number of charging stations increase, the possibilities to start and run a complete charging station management is high. A group of different charging stations might be installed together and localized repair and maintenance would be the best solution

Electric vehicle and Electrical vehicle charger spare parts manufacturing or selling is another business that can be started. It’s also good to sell spare parts after importing from the manufacturing units

business opportunities in e-mobility

1. Manufacturing
Electric Vehicle Manufacturing - A new wave of start-ups have embarked on auto manufacturing, a space that has traditionally had large barriers to entry. A few examples of such companies are Ather Energy, Ultraviolette, Strom Motors, Emflux Motors, Gayam Motor Works.
2. Battery Manufacturing
Though there are multiple reasons India lags in the cell manufacturing of Li-ion batteries, EV penetration has seen a plethora of companies enter the battery assembly space.
3. Powertrain Components Manufacturing - EVs have a simpler powertrain that requires way fewer parts than the ICE vehicles. Core components of an EV powertrain are Batteries, DC-AC converters, Electric motors, DC-DC coonverters, transmissions and ECUs (electronic control units).
Examples – Altigreen technology, Quanteon powertrain, Virya mobility, Elecnovo. Established auto component manufactures such as TVS Lucas and Bharat Forge have also diversified into EV powertrain component manufacturing.

Electric Vehicle (EV) Industry Forecast, 2020-2030

The global electric vehicle market is expected to reach $1,299.3 billion by 2030, representing a 2020-2030 CAGR of 19.8%.
The Indian electric vehicle ecosystem market provides detailed market information for segmentation such as batteries, propulsion type, charger type, separator and region. The purpose of this market analysis is to examine the electric vehicle ecosystem market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

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The type 1 plug is a single-phase plug which allows for charging power levels of up to 7.4 kW (230 V, 32 A). The standard is mainly used in car models from the Asian region, and is rare in Europe, which is why there are very few public type 1 charging stations.

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