On October 16, 2023, Union Minister Raj Kumar (RK) Singh for Ministry of New and Renewable Energy (MNRE), and Ministry of Power launched a new Electric Vehicle (EV)-Ready India Dashboard (evreadyindia.org) from New Delhi, Delhi.
- It is a free digital platform that focus on near real-time EV adoption and forecasts, associated battery demand, charging density, and market growth trends by using data and AI (Artificial Intelligence).
Developers:
It has been developed by policy and industry experts at think-tank OMI Foundation based in New Delhi, Delhi.
Key Features of Dashboard:
i.EV-Ready India Dashboard is the only dashboard in India that compiles sales data across all all (34) Vahan states and Union Territories and Telangana.
ii.It shows forecasts on EV adoption, and associated battery demand till 2030.
iii.Along with pan-India projections, the dashboard presents state-wise projections, a first-of-its-kind approach.
iv.Users can access a list of eligible EV models for subsidies and the subsidy amounts.
v.The dashboard also measures India’s progress towards net zero emissions.
Key Figures by Dashboard as of August 2023:
i.The EV-Ready India dashboard has forecast a 45.5% Compounded Annual Growth Rate (CAGR) in EVs between calendar year (CY) 2022 and CY 2030, increasing from annual sales of 6,90,550 electric two-wheelers (E2Ws) in 2022 to 1,39,36,691 E2Ws in 2030.
ii.India has avoided more 5.18 million tonnes of CO2 emissions in 2023, equivalent to growing 85.47 million tree seedlings.
iii.One Public Charge Point caters to 155 EVs which requires immediate improvement.
iv.Chandigarh reports the lowest Public charging supply tarrif at Rs 3.6/kWh which is 73% lower compared to the national average of Rs 13.74/kWh.
v.Maharashtra and Delhi emerged as the national leaders in public charging station infrastructure at 2531 and 1815 respectively.
vi.Tamil Nadu (TN) emerges as the E2W (Electric two‐wheel vehicles) manufacturing hub of India, Telangana leads in E3W manufacturing, Maharashtra in E4W manufacturing, Gujarat in battery manufacturing, and Karnataka in Research & Development (R&D).
Key Points:
i.The platform seeks to address the need for macroeconomic data and analysis on India’s massively growing electric mobility segment.
ii.A booklet on the dashboard has been released at the event.
iii.A panel discussion around “Data-Driven Decision Making in the EV Sector” was also during the launch event.
Recent Related News:
i.On 30th June 2023, the Ministry of Power notified the “Carbon Credit Trading Scheme, 2023”, to develop India’s first domestic regulated carbon credit trading market.
ii.The 8th Mission Innovation Ministerial (MI-8) and 14th Clean Energy Ministerial(CEM-14), hosted by the Ministry of Power and Department of Science and Technology, took place alongside the 4th Energy Transitions Working Group (ETWG) meeting under India’s Group 20 (G20) Presidency held in Goa from 19th July 2023 to 22 July, 2023.
About Ministry of Power
Union Minister – Raj Kumar Singh (Constituency – Arrah, Bihar)
Minister of State– Krishan Pal (Constituency- Faridabad, Haryana)
