Wednesday, July 31, 2024
Don't fall for it.
"The world's most populous nation is more poorly endowed with farmland per capita than Greece or Algeria." "India is falling well behind other major auto markets in its shift to electric cars," but "The government is running ahead of its 10% ethanol blending mandate and looks on track to hit a 20% rate as it seeks to trim its oil import bill," wrote David Fickling. "Ethanol's carbon footprint (CF) at 0.295kg CO2 equivalent per liter is lower than that of fossil fuels," but "The production process involves significant emissions," and "the most alarming is the water footprint (WF) of ethanol: 1,344 liters per liter of ethanol produced," wrote Aditya Sinha. "With less land dedicated to food crops, the overall supply of food grains and other essential crops decreases." So, should cars with internal combustion engines (ICE) be banned in India? "Over 51% of electric vehicle owners in India want to return to ICE vehicles." Lack of easily accessible charging stations is causing charging anxiety in 88% of e-car owners, 73% are unhappy with maintenance costs and 33% find the resale value to be too low. ET. Not surprising. E-cars run on batteries and the cost of the battery is about half that of the car. The biggest problem is that Indian companies hide the price of batteries to deceive customers. For example, "the battery of new Nexon EV should cost from Rs 333,000-Rs 443,000. However, Tata has not revealed the cost of its battery. As per reports, the price of Nexon EV's battery is as high as Rs 700,000." ET. Why should a person with even 10 g of brain buy a second-hand battery? The average weight of a man's brain is about 1300-1400 g and that of a woman is about 1200 g. wikipedia. Yet, Indian companies think that they can fool customers at will. Not just that. "British government officials describe the Tata group's decision to build an electric-car battery factory in the UK as a 'major vote of confidence' for the country's auto industry, saying it will create thousands of jobs and help drive economic growth," wrote Matthew Brooker. Charging a battery needs electricity and, "In the Indian case, in 2010-11, 65% of our power generation capacity depended on fossil fuels. In 2020-21, this was down to 61.4%. Further, in 2010-11, the country's generation capacity that depended on coal stood at 54%. It was down to 53% in 2020-21," wrote Vivek Kaul. "At 24 per 1,000 people, India's car penetration ratio, which compares poorly with the world average of 314, in 2022, is the lowest among the top 13 markets." ET. "Biomass burning is the leading cause of PM2.5 emissions in India, with residential fuel and burning of agricultural residue accounting for over half of these emissions." wrote Chandra Bhushan. These people constitute the vote-bank, so politicians target cars to show that they are doing something. "In December 2022, Toyota Motor Corp's President Akio Toyoda caused a stir" when he "argued that a sound strategy should include hybrids and hydrogen-powered vehicles." pressreader. But, "India's current GST rate on battery run EVs is only 5%, versus 28% on hybrids and ICE vehicles." Fortunately, most people in India are too poor to buy an EV. So they are safe from the fraud. Owners of EVs are regretting.
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