PRESS RELEASE

PRESS RELEASE The SOCIETY OF MANUFACTURERS OF ELECTRIC VEHICLES (SMEV)

New Delhi, May 19, 2022

SMEV hosted the first edition of the National Conference and Awards for the EV industry under the theme of ‘EV Industry @ 2030: Future Roadmap’. The conference was inaugurated by Dr. M N Pandey, Hon'ble Union Minister, Ministry of Heavy Industries, Gov. of India, and saw the participation of dignitaries from multiple organizations working towards the larger ‘No Emission Mission’.

The conclave witnessed a series of panel discussions on Policy Initiatives Transiting Towards the EV Mission; Manufacturing ecosystem, Standardization of EV Charging infrastructure, and EV Financing elaborating on the challenges and opportunities for the sector.

Chief Guest Dr. M N Pandey, Hon'ble Union Minister, Ministry of Heavy Industries, Govt. Of India says "The whole world believes that a strong leader is leading India. By 2030, the resolve that we have put in front of the world to reach India's zero carbon emission will put the world's faith in us. The government has had good projects running for the last few years FAME 1, FAME 2, or PLI scheme, it is progressing ahead with the enthusiastic cooperation of all Industry players. 60% of the consumers of the country say that an e-vehicle is out of their budget. In the direction of removing this difficulty, our government has made many schemes, within which we have increased the scope of exemption so that more people buy EVs. In view of the response of FAME 2, the government has started working more rapidly in this direction."

Guest of Honor Gen. (Dr.) V K Singh, Hon'ble Minister of State, Ministry of Road Transport & Highways, Govt of India comments, " Let's look at the future - AI industry will prosper and our industry might suffer problems if we stay wedded to what is available today. So there is a need for us to synergize this thought process. SMBs are concerned that we need to not only look at the charging facilities but building a plug-and-play battery system that provides a recycling ecosystem. We'd like to see things as we're all accepted by the project before we start giving any tax concessions or assistance for the larger manufacturing. We are also cognizant of the fact that recently we have had issues with the electric batteries, especially to healers. From the ministry side, we are taking actions to further lay down guidelines."

Naveen Munjal, President SMEV, said, "The Government has a strong vision of electrifying mobility in India by targeting 70% of commercial vehicles, 30% of passenger cars, 40% of buses, and 80% of the two-wheelers to be electric by 2030. It has introduced numerous policies like PLI and PLI(ACC) for vehicles, batteries, and chipset manufacturing to accelerate EV adoption and localization. The growing EV industry also opens opportunities for battery assembly, battery metal manufacturing, BMS, IoT and spark technologies, telematics, charging infrastructure, swapping infrastructure, financing, etc. The technology is evolving rapidly and, we already have various chemistries of lithium, followed by sodium ion or sodium-sulfur or solid-state along with talks on hydrogen fuel cell technologies to power the EV sector. While the future is definitely bright, green, and clean, additional research and collaborations are required to build a robust EV ecosystem in the country."

Sohinder Gill, Director General SMEV said, “This EV disruption is here to stay and is the next big trend in mobility that can’t be reversed or decelerated. All of us are chiseling this future for generations to come. And what more can we have than the nation’s objective of self-reliance and the crying need for global sustenance as a part of our business fabric. We shall be by remembering our children or maybe grandchildren for the fresh air that they breathe, and also for making India stronger intrinsically and economically. The days to come will echo the fond memories of this struggle, its challenges, and the success of this journey. As we pursue our goals, let’s not forget to Innovate India-specific solutions, collaborate with partners, contribute to category growth, communicate and educate, and compete in a fair and just manner."

The conference also saw the distribution of prestigious awards to industry stalwarts leading the EV revolution in the country. Tata Nexon bagged the Best electric car of the year, whereas Ather 450X and Nexcharge were graced with Best electric bike and Top EV battery manufacturer respectively. ABB India received the Best EV Charger manufacturer of the year, while TATA Autocomp bagged the Best Electric Vehicle component manufacturer of the year awards. Finally, Ather Energy and Log9 Materials were awarded the Best EV startup and best EV tech company title.

New Delhi, May 18, 2022

In order to bring policymakers and industry players together to prepare a roadmap for the electric vehicle industry, SMEV is organising a national conference under the theme of "EV Industry @ 2030: Future Roadmap" on May 19th in New Delhi. Apart from holding discussions, the conference would also recognise the outstanding performers in the EV industry for their contribution to shaping the e-mobility market in India.

It aims to mobilise and sensitise the EV industry about the policy initiatives announced by central and state governments. Some of the key discussions planned at the conference are Policy Initiatives Transiting Towards the EV Mission; Manufacturing Ecosystem; Standardization; EV Charging Infrastructure; and EV Financing.

Commenting on the initiative, Mr. Naveen Munjal, President, SMEV, said, "We are excited to hold the EV Tech Delhi that would bring policymakers and industry players together to set an agenda and identify the goals to be achieved by 2030. To encourage a healthy discussion on the pain-points and way forward for the industry the platform offers perceptive insight from key stakeholders in the industry. The free exchange of ideas, discussion on key issues, and prepare a roadmap for e-mobility in India shall set the grit and tone for the EV industry"

Sharing the views on the ensuing event, Mr Sohinder Gill, Director General, SMEV, said, EVs are on the cusp of revolutionising the mobility solution. India is rightly poised to quickly adopt the cleaner and self-reliant electric mobility and play a significant role in the global play of this future mobility landscape. My message to the participants on this day would be to thing big, act innovatively and react swiftly to this very dynamic change, always keeping the interest and the safety of the customer in mind. We look forward to a healthy discussion and participation from all the stakeholders to share their inputs to formulate a plan to strengthen the EV ecosystem."

The EVtech DELHI 2022 is supported by The Ministry of Heavy Industries, Government of India; the Ministry of Road Transport & Highways, Government of India; NITI Aayog, Invest India, UNIDO, ARAI, CESL, CEEW, and IESA.