CESL CEO Mahua Acharya on India's EV Shift

The transcript discusses the transition to electric buses in India, highlighting the shift from purchasing buses to buying mobility as a service. It addresses the challenges of production capacity and financing, noting the need for infrastructure development, such as charging stations. The speaker also outlines expansion plans for distributed solar businesses and predicts significant growth in electric vehicle adoption, particularly for two-wheelers and public transport, over the next five to ten years.

What is the new business model for public transit discussed in the video?

• Investing in hybrid buses

• Purchasing more diesel buses

• Buying mobility as a service

• Leasing buses from foreign companies

What is a current challenge in the production of electric buses in India?

• High import taxes on buses

• Lack of skilled labor

• Insufficient government subsidies

• Battery supply issues

What is a significant hurdle in the adoption of electric vehicles in India?

• Lack of public interest

• High cost of electric vehicles

• Limited availability of electric models

• Insufficient charging infrastructure

What infrastructure is needed to support electric buses according to the video?

• Charging stations and grid upgrades

• More bus depots

• New road networks

• Advanced traffic management systems

What is the expected trend for two-wheelers in India over the next five years?

• All two-wheelers will be electric

• A decline in two-wheeler sales

• Increased use of diesel two-wheelers

• No significant change in two-wheeler technology

What is the main focus of the distributed solar business expansion?

• Exporting solar technology

• Building new solar farms

• Partnering with international firms

• Reducing grid expenditure

What is the anticipated timeline for electric public transport buses in India?

• In 5 to 7 years

• Within 2 years

• No specific timeline

• In 10 years