The Role of Electric Vehicles in India's Net Zero Efforts: Comparing Fuel vs. EV - Which is Better and Why?

Before delving into EVs and their role in India's net zero efforts, it's essential to understand what Net-Zero entails. Net-zero refers to achieving a balance between the amount of Greenhouse Gases (GHG) produced and removed from the atmosphere. Attaining net-zero emissions involves reducing GHG emissions to the lowest possible levels and offsetting the remaining emissions by removing an equivalent amount of GHG from the atmosphere. This can be achieved through various methods such as carbon capturing and storing, afforestation, and investment in renewable energy.Erisha E Mobility, the EV manufacturing arm of Rana Group, aims to contribute to India's environmental sustainability by introducing world-class, emission-free, eco-friendly, and hazard-free EVs.

EV's Role in India’s Net Zero Efforts

To advance towards Net-Zero emission goals, promoting electric vehicles stands out as a significant initiative. Undoubtedly, electric vehicles offer a promising solution to mitigate air pollution by curbing exhaust emissions. However, it's crucial to recognize that while electric vehicles alleviate emissions at the tailpipe, they do shift the source of greenhouse gases from individual vehicles to power generation facilities.

Erisha-E-Mobility manufactures electric two-wheelers and three-wheelers and is becoming a catalyst in mitigating the climate crisis by limiting global warming.

But the bigger question is - how will this be possible or is this even achievable? 

The scenario isn’t just crucial but seems harder to achieve. Scientists across the globe are working consistently, bringing advanced technologies to reduce carbon emissions and striving to make this globe a better place to live in! Innovations gave birth to EVs, and our government further pushed for its adoption by announcing FAME (aka subsidy) schemes.

The prominent players in the EV ecosystem broadly include the OEMs of electric vehicles, battery manufacturers, component manufacturers, and last but not least, the consumers. OEMs across India are robust in bringing technologies, offering an affordable price range, and providing after-sales service, making it convenient for consumers to adopt. Several esteemed players like Mahindra, Erisha EV, Piaggio, TVS, Bajaj, Ola, etc., have launched their high-speed two-wheelers and commercial vehicles, which are successfully running on roads. EVs play a vital role in India’s net zero efforts, primarily reducing GHG emissions (which are significantly contributed by increasing carbon emissions) by the automotive sector. 

Let us shed light on how EVs play a drastic role in attaining India’s net zero efforts:

Reduced Emissions: EVs produce absolute zero tailpipe emissions during operations. By transitioning from fuel-consuming ICE to EVs, India can significantly reduce its carbon footprint.

Transition to Renewable Energy: As India continues to invest in renewable energy sources such as wind energy, hydropower, and solar energy, EVs can be charged using renewable energy sources instead of fossil fuels like coal. This ensures that overall emissions from EVs are comparatively much lower than those of Internal Combustion Engines (ICE).

Energy Dependence: Renewable energy sources like Solar & Wind energy, including Hydropower, are abundant in our country and are clean energy resources. EVs have reduced India’s dependence on fossil fuel imports, such as crude oil, which also helps in strengthening the economy by improving our country's cash reserves. By promoting EV adoption, India can strengthen its energy security while reducing its vulnerability to fluctuations in global oil prices, which significantly affect the Indian economy.

Improved Air Quality: Air pollution in metro cities is worsening every day. The AQI level is poor and causes difficulty in breathing, leading to critical health issues and certain deaths. The adoption of EVs and the rejection of ICE engines lead to cleaner and healthier air, helping the nation achieve a sustainable future for all.

 Technological Innovation & Employment Creation: Embracing EV technology fosters innovation and supports the growth of the indigenous EV industry. This not only generates employment but also stimulates economic growth while positioning India as a leader in the global transition to clean transportation.

Fuel vs. EV – Who’s Better & Why?

Carbon emissions are the talk of the town, with the automotive industry being a major contributor. Fuel-consuming Internal Combustion Engines are largely deteriorating the AQI level, while EVs are striving to reduce carbon emissions to the best of their ability. Though Fuel Engines and EVs have their own sets of advantages and disadvantages, the choice between them depends on individual preferences, driving habits, and infrastructure availability. While traditional vehicles (ICE) still dominate the industry, the shift towards EVs is electrifying the market and users due to environmental concerns and technological advancements. Additionally, the government is constantly accelerating the adoption of EVs by announcing new EV Policies.

Below are a few key points of ICE vs EVs. Let’s have a look. 

However, discussing the above key differences between fuel-consumed Internal Combustion Engines (ICE) and EVs, we conclude that the choice between ICE and EVs depends upon various factors.

 Ultimately, the better choice depends on your basic needs and priorities, with priority given to No-Carbon-Emissions. India is taking the lead in promoting this at various levels. A new EV Policy was announced by the Hon’ble Cabinet Minister Shri Piyush Goyal Ji (E Vehicle Policy to promote India as a manufacturing destination for Electric Vehicles), aiming to make India a hub for EV manufacturing.

So, it’s better to switch to zero tail pipe emissions with Erisha EV, which is significantly contributing to a sustainable future. Erisha EV is leading the charge to provide the best suitable electric two-wheelers, three-wheelers, and commercial vehicles to meet the demands of the locals. The nation's government has also introduced various incentives for foreign manufacturers to set up their manufacturing units in India, thus making India self-reliant while boosting the economy.

 We have seen how EVs are going to play a dominant role in India’s net zero efforts. Erisha’s EV, in this revolution, is playing a crucial role by transforming the polluting ICE vehicles into a complete eco-friendly sector, capturing a complete EV space under one roof, which comprises of not only two-wheelers & three-wheelers but also commercial vehicles like cargos, delivery vans, charging stations, sooner to be launched- 4-wheelers & e-buses, and more.  

Erisha's E Mobility efforts have been well recognized and appreciated by various state governments and there have been multiple MOUs being signed with these state government like that of Gujarat, Maharashtra, UP, Uttarakhand, Karnataka etc. for its mega projects of EV Parks & Green Hydrogen. In addition to it, to promote the growth of specifically electric two & three wheelers, MHI (Ministry of Heavy Industries) has introduced Electric Mobility Promotion Scheme 2024, allocating Rs. 500 crores for the implementation from 1st April to 31st July 2024. This initiative aims to accelerate the transition towards sustainability by promoting the adoption of EVs. 

Also, Hon’ble Cabinet Minister Shri Piyush Goyal Ji gave a bigger announcement on 15th March which is E VEHICLE POLICY TO PROMOTE INDIA AS A MANUFACTURING DESTINATION FOR ELECTRIC VEHICLES which clearly states that India is going to be a hub for EV manufacturing which shall bring more employment opportunities and gradually raise nation’s economy with exports. This announcement will drive India as a global leader in EVs.