Two- and three-wheeled electric vehicle retrofits: conversion cost and scope - Times of India

Two- and three-wheeled electric vehicle retrofits: conversion cost and scope – Times of India

With millions of ICE (internal combustion engine) vehicles on the roads, India has the largest market for two- and three-wheeled motorcycles in the world. In the past few years, electric vehicles have gained a lot of popularity, particularly in the 2 and 3 wheeler segments of the Indian market. In order to make e-mobility accessible to all, the Government of India needs to create a modernization adjustment policy to allow the conversion of 2-wheelers and 3-wheelers into electric vehicles, as per the necessary terms and conditions.
With the same in mind, we discussed various aspects related to retrofitting a two- and three-wheeled electric vehicle with the founder and CEO of GoGoA1. Excerpts from the interview:
In your opinion, what is the main factor in the growth of electric cars? Has the pandemic affected the industry positively since e-commerce caught on and the focus shifted to green mobility?
There are three main reasons for the growth of electric cars. Technically speaking, the efficiency of the motor is about 35% and the efficiency of the electric motor is about 90 to 92%. In electric cars, the motor is replaced by motors and conventional motors are replaced by magnetic motors.
For vehicle electrification, we can choose renewable energy, such as solar charging infrastructure. Now the industry is decentralized. Over the past several years, niche players have completely dominated the business, but now small businesses are also contributing to the growth of the electric vehicle sector in India.
In the pandemic period, the positive part is that people are more environmentally conscious. If you see in the last 7-8 months, sales of electric cars have increased greatly. Currently, the electric car industry is in the establishment stage and after 2025, it will be established.
What is an electric vehicle retrofit? What are the benefits of retrofitting an electric vehicle? What about vehicle safety after retrofitting from an ICE to an EV?
Retrofitting an electric vehicle means replacing the gasoline engine with an electric powertrain. An electric motor is installed in the rear wheel and engine parts are removed. Current electric vehicles are suitable for the user mindset and road conditions in India. Spare parts and services are available in the market. Converting existing vehicles is the perfect solution to the current situation. Almost all companies import and assemble materials from China. Aftermarket plays a huge role in the success of the car.
The second thing is the cars that are imported from abroad, as people face a lot of problems related to the supply of spare parts and services. These vehicles are not built with Indian road conditions and user mindset as well as they don’t have aftermarket value. Retrofitting EVs is an affordable solution because we save on remanufacturing.
Speaking of vehicle safety, the retrofit of electric vehicles is ARAI and RTO approved which is much safer and more reliable.
Electric cars are still sold at high prices, despite the fact that they receive subsidies. The high cost of GST and taxes on retrofit kits prevent the scope of the retrofit system. What policy changes are needed to drive green boost while keeping the new electric vehicle and retrofit industries on the same page?
The government is now promoting electric vehicle infrastructure. Car manufacturers and battery suppliers are usually different. It’s the initial stage, so manufacturers supply vehicles and batteries in full. The government should take the lead and do standardization, and once standardization is done, new companies will have a chance to set up interchangeable battery stations. Regardless of the brand, any electric car can be charged at the interchangeable station. In electric vehicles, there are differences in voltage and capabilities. Depending on the vehicle’s capacity, speed and range, users can charge their vehicle or take the battery and pay accordingly.
The government has always emphasized the localization of production. What initiatives should be implemented to encourage component manufacturers to contribute to the “Made in India, Made in India” goal?
With the increase in the number of electric vehicles, the energy requirements are also increasing. In India, 20% of electricity is produced from coal. Government of India should take initiative to standardize and subsidize battery and solar charging providers. There should be interchangeable charging stations. In India, a large number of two- and three-wheeled vehicles are used for commercial purposes as they have taken the initiative to deliver in the last mile. If parallel charging stations and interchangeable charging stations exist, then electric vehicles will be a hit in India.
What are the fees for converting your two-wheeler, three-wheeler or four-wheeler to an electric vehicle?
If you are converting two wheels to EV, the fee will range from 20,000 rupees to 40,000 rupees depending on the power and model. For a three wheeler buggy, it will be around 50,000 rupees. The retrofit of the 1000cc 4WD Electric Vehicle will take around Rs 2.5 lakh.

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