What will lead to EV adoption in India? (3:10 PM- 3:40 PM)

The FAME plan was launched by the government as part of the National Electricity Mobility Mission Plan. It is aimed at offering a push towards creating a market for the adoption of hybrid and EVs. The program includes all EVs, including two-wheelers, three-wheelers, cars, etc. 

The government has planned an outlay of $70.3 million towards propelling the adoption of EVs.

 It’s clear that the Indian automotive industry is experiencing a disruption.

 India will need strict and relevant energy solutions to become a 5-trillion-dollar economy by 2025. E- Mobility will be gaining traction, but without a balanced mix of policies, infrastructure, and market penetration, we may still be lamenting even in 2031.

Moderator: Prasanna Singh Moderator, Managing Editor, SAUR Energy International

Panellists:

• Ankit Mittal CEO, Sheru
• Kartik Hajela Co-Founder, Log 9 Materials
• Kartik Gopal Senior Industry Specialist- EV, IFC
• Anil G Co-founder & COO, Bounce

Kickstarting EV: Supply Chain (3:40 PM – 4PM)

As electric vehicles become serious business for OEMs, they are reassessing their battery supply and manufacturing bases, putting their eggs in multiple baskets and taking more control of the process.

Lithium-ion battery technology is critical to improving the driving range of electric vehicles and to reducing the costs of plug-in, rechargeable powertrains compared to ICE vehicles. However, with demand for EVs rising faster than predicted before the Covid-19 pandemic, the supply and cost of materials like lithium and cobalt have tightened, while many vehicle manufacturers have become dependent on a few lithium-ion battery suppliers.

 Developing a robust and flexible EV supply chain will increasingly be a competitive advantage in the race for vehicle electrification.

Moderator: Sumeet Singh Moderator, Managing Partner, Climate Angels

Panellists:

• Akshay Kashyap Managing Director, Greenfuel Energy
• Akshay Singhal Co-Founder, Log 9 Materials
• Christie Fernandez Founder, Sooorya EV
• Commander KV Narsimham (retd) , Co-founder & COO, Quanteon Powertrain
• Atul Arya Head – Energy System Division Panasonic India

Policy Beyond Subsidy (5:00 PM – 5:30 PM)

While policies and schemes like FAME I and FAME 2, the PLI Scheme, and the Scrappage Policy encourage the use of EVs and incentivize manufacturers the fact remains that battery technology has still not advanced enough. 

As businesses begin to invest in the transition, they often find themselves in new and unfamiliar territory, where legacy regulations don’t provide the intended social benefits but instead often become bottlenecks to growth. Resolving these challenges will require immense collaboration between policy-makers and businesses from all over the mobility sector between automakers, power companies and real estate developers for example.

 It is a collaborative effort between those three sectors which has the potential to accelerate infrastructure deployment as well as strengthen the business case for efficient electric fleets, effective space management that underlies them, charging network creation and grid management.

Moderator: Ashpreet Sethi Communications Manager, RMI India

Panellists:

• Amit Bhatt Executive Director, WRI
• Shijoy Varughese Consutant, RMI India
• Ravindran Nambiar President-International Business WardWizard Innovations and Mobility Ltd
• Jasmeet Khurana Manager, REmobility WBCSD

Fireside Chat with Sumit Mittal, Chief Financial Officer, GreenCell Mobility

GreenCell Mobility (GreenCell) has been leading pan-India shared electric mobility player, by leveraging global experience, developments in e-mobility technology, and the Government of India’s strong push for electrification of transportation in India. GreenCell is backed by Green Growth Equity Fund (GGEF) managed by Eversource Capital.

 EverSource Capital is a 50:50 joint venture between Everstone Group & Light Source Bp .GGEF is established with anchor investments from the National Investment and Infrastructure Fund (NIIF) backed by the Government of India and the Foreign, Commonwealth & Development Office (FCDO), Government of UK, BP & Green Climate fund & FMO .

Fireside chat with Mr Deepak Jain, CFO, Ather Energy

Deepak’s experience in leading teams and integrating manufacturing and business processes play a key role in Ather’s aggressive expansion plans. A finance leader with exposure to large multi-location and transnational revenues, Deepak Jain joined Ather Energy as the Chief Financial Officer in November 2019. Deepak brings over 22 years of experience across global brands like First Advantage, Apple India, P&G and Gillette. He joined Ather after a five-year stint at First Advantage as CFO for their India Business. 

Specialising in conceptualizing, leading and executing business expansion strategies in manufacturing, trading and services business environments, Deepak began his career at E&Y before moving on to Gillette and Procter & Gamble, where he took on key leadership roles in distribution modelling & sales finance. In 2010, he joined Apple India as the CFO and led the finance team during a period of exponential growth for five years.

Investors round table: Where is the alpha in EV? (6:15 PM – 6:45 PM)

While policies and schemes like FAME I and FAME 2, the PLI Scheme, and the Scrappage Policy encourage the use of EVs and incentivize manufacturers the fact remains that battery technology has still not advanced enough. 

As businesses begin to invest in the transition, they often find themselves in new and unfamiliar territory, where legacy regulations don’t provide the intended social benefits but instead often become bottlenecks to growth. Resolving these challenges will require immense collaboration between policy-makers and businesses from all over the mobility sector between automakers, power companies and real estate developers for example. 

It is a collaborative effort between those three sectors which has the potential to accelerate infrastructure deployment as well as strengthen the business case for efficient electric fleets, effective space management that underlies them, charging network creation and grid management.

Panellists:

• Amit Bhatt Executive Director, WRI
• Shijoy Varughese Consutant, RMI India
• Ravindran Nambiar President-International Business WardWizard Innovations and Mobility Ltd
• Jasmeet Khurana Manager, REmobility WBC