Tesla and China’s Contemporary Amperex Technology Co. Ltd (CATL) and other companies that have shown an initial interest in the Indian government’s plan to build large battery factories at an investment of about ₹50,000 crore (US$7 billion).
India’s plan to set up 50-gigawatt hour (GWh) factories. The final tender expected to be awarded by February, 2020. Each gigawatt-hour (1,000 megawatt hours) of battery capacity can power 1 million homes for an hour and around 30,000 electric cars.
Only 18 out of 1,000 Indians own a car, compared with nearly 800 in the United States and around 500 in the European Union. India passed Germany to become the fourth-largest car market in the world in 2018. McKinsey forecasts that India will overtake Japan for the third spot in 2021. In 2018, India’s passenger car sales rose by 5 percent, to 3.4 million vehicles.
Sir ,when will the Tesla cars enter in the Indian market? #ElonMusk #TeslaModel3 #SpaceX #Tatamotors #India #tesla @elonmusk
— Yashwanth Reddy 🇮🇳 (@Yashwanthnadal) August 1, 2019
I’m told import duties are extremely high (up to 100%), even for electric cars. This would make our cars unaffordable.
— Elon Musk (@elonmusk) August 1, 2019
Yes Elon. For car over $40k, import is 100%. For less than $40k, its 60%. So won't make sense. But having a small vehicle assembly plant can help. Import just 10-15%. And govt recently reduced GST on EV from 12% to 5% and on chargers also from 18% to 5%.
— Tesla Club India (@TeslaClubIN) August 1, 2019
SOURCES- Livemint, Twitter
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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I suggest that the Indian government give a 25% tax rebate on expenditures at Trump hotels and resorts.
I think an electric car ready, to couple DC, or AC with a microgrid when parked would be a huge sales point. There is already an international standard available, CHAdeMO. Hardware for the standard in terms of power conditioners to interface with automobiles are off the shelf. Up to10 kW DC charging/discharging would be just about what my envisioned 10kW DC microgrid would need. Sort of by definition, when I’m not home, loads much lower, so off grid batteries would need to be much smaller.
https://www.chademo.com/portfolios/enovates/
President Trump, the Indian import duty on American cars over $40k is 100%, under that is 60%. This is simply unacceptable for a country we trade with . Please consider reciprocal tariffs against Indian vehicles of all types. I know Mahindra exports tractors to the US, AND I think TaTa exports panel trucks.
I know Freightliner makes panel trucks right here in NC. There are several companies that make agricultural tractors in the US.
Minor quibble… when speaking of factories, it is important to remember the ‘rate’ term. So:
“India plans 50 gigawatt-hour per year (GWh/y) factories. Each ‘GWh/y’ of battery production aggregates installed batteries use, rather than the capacity they hold. For instance, one might say “1 gigawatt-hour is equivalent to about 1,000,000 homes power use for one hour”. But lithium batteries aren’t one-use. Tesla batteries deliver 1,500 or more nearly-full charge-discharge cycles of useful life!
As Tesla cars have 45 kWh to 100 kWh per vehicle, given 1 GWh → 1,000,000 kWh divided by 45-to–100 kWh is 10,000 to 22,000 e-cars of installed battery.
Alternately, the Tesla Powerwall 2 has 14 kWh per unit. 1,000,000 kWh ÷ 14 kWh gives some 70,000 PowerWall 2 units per GWh production. Including the PowerWall 2 with Tesla car battery needs is appropriate: the lower PW2 capacity is representative of “wall pluggable” hybrid cars, offering substantial short-run (and braking regeneration) capacity backed by an efficient internal combustion engine.”
Once I started rewriting the paragraph, I took up the trusty old slide-rule, crayon and brown paper bag (LOL, not really)… In total, 50 GWh/y allows 50 × (10,000 to 22,000) = 500,000 to 1,100,000 Tesla cars to be made.
In other words, GOOD FOR INDIA.
Just saying,
GoatGuy ✓