Here are excerpts from inputs provided by Mahesh Babu, CEO, Mahindra Electric and Steering Committee Chairman – iTEC India 2019.
Please provide us an overview about the iTEC India 2019 event.
I believe that this event is a platform where ideas will flow from across the industry, and aims at helping the industry transform from conventional vehicles to the most advanced electric systems. We are keenly looking forward to the participation of start-ups and other new members of the ecosystem in this three-day event.
The strategic objective of iTech India 2019 is to bring together important stakeholders at the global level, to discuss the transition to electric mobility for India, while keeping affordability and shared nature of the solutions as key pegs. Perfectly aligned to this objective is our vision, and we are happy to engage on this with eminent members brought together by this forum. I’m confident that this is going to be an important platform for India to be recognised as a global electric mobility hub.
Could you provide details about the iTEC India 2019 Hackathon that was concluded recently?
The Hackathon provides a stage for people to come together for electrification of transportation. It offers participants with an opportunity to come up with unique solutions for problems faced by the industry in its transition to electric mobility. This Hackathon has been a source of innovative, creative and unique ideas.
What is your take on shared electric mobility in the India market?
While the world is moving to shared mobility systems, it is interesting to know where India has reached, even after being one of the late adopters of modern shared mobility. Morgan Stanley predicts that by 2030, around 35 % of all miles travelled in India will be shared. This is just an example of the trend. With one of the largest population, fastest-growing economies and approximate penetration of only 25 vehicles per 1,000 people in India, we still have one of the lowest per capita emission count.
The Indian geography reimagined sharing, when no one else was even considering it. Who can forget Bollywood capturing rural India migrating to urban pastures sitting on top of a train? We have the likes of shared tempos, three-wheelers, tractors being extended as a mobility solution and basic electric two-wheelers being put together in rural workshops. While India races to the future with metro rail, advanced connectivity and vehicle-sharing models; it is supported by micro innovations like electric three-wheelers that I mentioned earlier. We have found ways to drive the economy in a manner that has made us what we are today. Such is the focus of community-sharing in intra-city commute in India. Such is the ingenuity of India.
Talk us about the future of Electromobility.
I believe that today, India is standing at a tipping point. We have a past, which boasts of the widest range of vehicles – two-wheelers, three-wheelers, cars, LCVs, HCVs, etc. powering mobility for the economy. And now we are building a new future with a mobility ecosystem that is sustainable, greener, connected, shared and yet serving the unique Indian requirements. As a nation, we are going to integrate everything and present one of the largest EV ecosystem models across economies. The world is looking up to us. And it is people like you and me who will create this future. My colleagues, my industry peers and the government, my friends and family who are a part of this ecosystem as consumers; it is us who will collectively make this happen. A greener future is in our hands!