After months of delay, the National Electric Mobility Mission Plan 2020(NEMMP) was finally unveiled by the Indian Prime Minister Dr Manmohan Singh yesterday. The NEMMP will focus on improving electric vehicle development in India by subsidizing the design and development of electric and hybrid vehicles. Since India relies upon oil imports for majority of her energy consumption, the more efficient alternatives of electric and hybrid vehicles are aimed at reducing the country’s energy bill. Through the NEMMP, the Indian government aims at reducing liquid fuel consumption 2.2 – 2.5 million tonnes by 2020.
To achieve this target, the Indian government’s NEMMP proposes an investment of INR 22,500 crores over a period of 8 years. Of this amount, the Indian government will invest about INR 13,000 to 14,000 crores while the rest will be borne by the auto industry. Apart from saving fuel, the electric and hybrid vehicles do come with major benefits to the environment as these vehicle have minimal tail pipe emissions like carbon di-oxide and nitrous oxides when compared to the higher polluting automobiles powered by petrol or diesel.
The immediate effect of the Indian government announcing the NEMMP 2020 is expected to be on the Mahindra Reva E2O all-electric hatchback, which has been delayed for more than six months due to the delay in the announcement of the NEMMP. Now that the NEMMP policy is out, the launch of the Reva E2O is expected to happen in the next two to three weeks. The NEMMP 2020 does come with a subsidy for electric vehicles and this subsidy will be instrumental in deciding the on road price of the Reva E2O. The electric car is expected to be priced between INR 5 to 6 lakhs.
The 2013 Mahindra Reva E2O features a 48 Bhp electric motor mated to a CVT automatic transmission. This car will deliver a range of 100 Kms on a full charge of its Lithium Ion battery stack and will have a top speed of about 105 Kph. Convenient for city use due to its compact dimensions and automatic transmission, the Reva E2O will be capable of seating four adults, a factor that adds to the car’s practicality quotient. The Reva E2O is aimed primarily at city car buyers as its limited range makes it unworthy of longer distances. Mahindra is also developing electric variants of its existing car and utility vehicle range. Both the Verito electric sedan and the Maxximo electric pick up are under development.