Post COP26 most major economies have set themselves aggressive targets to reduce greenhouse gas emissions with many releasing objectives to achieve zero-emission mobility through battery-electric and hydrogen mobility within this decade. Even the big oil companies are jumping on to surf this new energy wave. Notice how French oil company Total subtly changed its name to Total Energies and how Reliance + British Petroleum (now referred to as Beyond Petroleum) have come together in India to create Jio-BP, a joint venture that will also roll out a large EV charging network.
With over 15,000 electric cars, a few hundred thousand electric bikes, and some 2 million electric rickshaws on roads in India already, the big move to electric is well underway. But new EV buyers continue to have doubts when making the decision to switch wondering for example, are EVs truly 100% clean mobility? What happens to your new EV after the useful life of the battery? Does one need to buy a whole new set of batteries for example? When will the finance industry get their heads around financing electric vehicle procurement and most importantly how can the EV industry address the issue of sustainability and the second life of the batteries?
These are some of the issues that we will dive into with an industry leader best place to answer some of these questions. In this episode, we speak with Rajeev CHABA, President & Managing Director of MG Motors India.
Energizing India Podcast is produced by Ador Digatron Pvt Ltd