Union Minister for Road Transport, Highways and MSMEs Mr. Nitin Gadkari has called for implementing an integrated approach for developing indigenous fuel cells in the field of electric vehicles.
He said, India today stands at the cusp of becoming a world leader in this field. The Minister urged scientists, academia, and industry to harness hydrogen-based energy, it is a cost-effective and easily available mode in the country. He directed towards the lowering costs of solar power in India, which can help energize other modes of fuels.
Chairing a meeting of govt. agencies and representatives from research institutions here last evening, he informed that with nearly 81 percent of Li-ion battery components available locally, India stands a very good chance for value addition at lower costs, and resultant employment generation at large scales. Reacting to the presentations made for different technologies comprising Li-ion, metal-ion, Sodium Sulphur, Hydrogen, Iron Sulphur, Polymer Electrolyte Membrane Cell System, ZincGel, etc, Mr. Gadkari said that, economic viability is the basis of any successful technology.
The Minister said, there is vast scope in the area of Lithium-ion battery too despite countries like China dominating in the sector. He said India’s mining entities could look for acquiring component assets globally and grab the opportunity as there is still 49 percent scope in this field.
Mr. Gadkari indicated towards the growing pace of the automobile industry which has a turnover of Rs 4.5 lakh crore at present and is set to reach Rs 10 lakh crore very soon. He also said that initially, one crore vehicles will go for scrapping under the new vehicle scrapping policy, which will result in the availability of cheaper aluminium, copper, rubber, steel, and other products. He said these will have the potential to reduce the price of battery components.
The Minister suggested taking ahead the suggestions brought forth in the meeting by integrating industry experience in the field. He assured the participants of his complete commitment to adopting the best technologies. He said next-generation batteries will not only minimize vehicular pollution in India but make India a global supplier of EVs.
NITI Ayog CEO Amitabh Kant emphasized upon concentrating on lithium-ion alternative batteries and supported the idea of mining companies exploring opportunities abroad for acquiring assets in this regard. He said NITI Ayog has collaborated with four IITs including Guwahati and Delhi for research in aluminium-ion batteries.
The meeting was attended by MoS-RTH Gen (Retd) Dr. VK Singh, Prime Minister’s Principal Scientific Advisor Mr. Vijay Raghavan, Niti Aayog CEO Mr. Amitabh Kant, Secretary RTH Mr. Giridhar Aramane, and senior representatives from DRDO, ISRO, CSIR, and IITs.