‘Need incentives for R&D on battery tech’
NEW DELHI : The government should give incentives for research and development projects on advanced battery technology, said a CII report on Sunday. The report on battery manufacturing and its ecosystem released by the Confederation of Indian Industry (CII), suggested that incentives be given from a dedicated fund for the development of the battery technology ecosystem.
“The government may consider providing incentives for R&D programmes focused on advanced battery technology research in the central research agencies and academic institutions across the country," it said. CII also suggested that the cost-differential between the advanced battery technology vehicles and conventional vehicles should be bridged by government incentives, which would help cut the cost of ownership of high-performance advanced vehicles and give a push to the segment.
Vipin Sondhi, Chairperson, CII National Committee on Future Mobility (2022-23) said: “Challenges include building domestic supply chain capabilities to make the electric vehicles more affordable, establishing charging networks to mitigate range anxiety in consumers and creating a talent pool that can participate in the enormous task of developing innovative technologies and manufacturing infrastructure that are relevant to our unique needs.“ The former CEO & MD, Ashok Leyland and JCB, said stakeholders in the battery value chain are working to come up with innovations to offer longer driving range, faster charging and improving safety of the vehicle and at the same time reducing the cost of buying an EV. Along with the Centre, state governments too should include supporting vehicles with advanced battery technologies in their industrial poliies and accord it the status of a thrust
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