Electric Vehicles with Government Incentives for Ride Sharing Services
Electric Vehicles - Southeast Asia
Data coverage:
The data encompasses B2C enterprises. Figures are based on the sales of new passenger cars. Data on the specifications of the sold vehicles is based on the base models of the respective makes.
Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use company reports and websites, vehicle registries, car dealers, and environment agencies among other sources. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and car stock per capita. This data helps us estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, we use the ARIMA model for the Passenger Cars market. The main drivers are GDP per capita and consumer spending per capita.
Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).
Revolutionary changes in transportation, from electric vehicles to ride sharing, could slow global warming if theyre done right, IPCCsays
Around the world, revolutionary changes are under way in transportation. More electric vehicles are on the road, people are taking advantage of sharing mobility services such as Uber and Lyft, and the rise in telework during the COVID-19 pandemic has shifted the way people think about commuting.
Transportation is a growing source of the global greenhouse gas emissions that are driving climate change, accounting for 23% of energy-related carbon dioxide emissions worldwide in 2019 and about 29% of all greenhouse gas emissions in the U.S.
The systemic changes under way in the transportation sector could begin lowering that emissions footprint. But will they reduce emissions enough?
In a new report from the Intergovernmental Panel on Climate Change released April 4, 2022, scientists examined the latest research on efforts to mitigate climate change. The report concludes that falling costs for renewable energy and electric vehicle batteries, in addition to policy changes, have slowed the growth of climate change in the past decade, but that deep, immediate cuts are necessary. Emissions will have to peak by 2025 to keep global warming to 1.5 degrees Celsius (2.7 Fahrenheit), a Paris climate agreement goal, the report says.
The transportation chapter, which I contributed to, homed in on transportation transformations some just starting and others expanding that in the most aggressive scenarios could reduce global greenhouse gas emissions from transportation by 80% to 90% of current levels by 2050. That sort of drastic reduction would require a major, rapid rethinking of how people get around globally.
The future of EVs
All-electric vehicles have grown dramatically since the Tesla Roadster and Nissan Leaf arrived on the market a little over a decade ago, following the popularity of hybrids.
In 2021 alone, the sales of electric passenger vehicles, including plug-in hybrids, doubled worldwide to 6.6 million, about 9% of all car sales that year.
Strong regulatory policies have encouraged the production of electric vehicles, including Californias Zero Emission Vehicle regulation, which requires automakers to produce a certain number of zero-emission vehicles based on their total vehicles sold in California; the European Unions CO2 emissions standards for new vehicles; and Chinas New Energy Vehicle policy, all of which have helped push EV adoption to where we are today.
Beyond passenger vehicles, many micro-mobility options such as autorickshaws, scooters and bikes as well as buses, have been electrified. As the cost of lithium-ion batteries decreases, these transportation options will become increasingly affordable and further boost sales of battery-powered vehicles that traditionally have run on fossil fuels.
An important aspect to remember about electrifying the transportation system is that its ability to cut greenhouse gas emissions ultimately depends on how clean the electricity grid is. China, for example, is aiming for 20% of its vehicles to be electric by 2025, but its electric grid is still heavily reliant on coal.
With the global trends toward more renewable generation, these vehicles will be connected with fewer carbon emissions over time. There are also many developing and potentially promising co-benefits of electromobility when coupled with the power system. The batteries within electric vehicles have the potential to act as storage devices for the grid, which can assist in stabilizing the intermittency of renewable resources in the power sector, among many other benefits.
Other areas of transportation are more challenging to electrify. Larger and heavier vehicles generally arent as conducive to electrification because the size and weight of the batteries needed rapidly becomes untenable.
For some heavy-duty trucks, ships and airplanes, alternative fuels such as hydrogen, advanced biofuels and synthetic fuels are being explored as replacements for fossil fuels. Most arent economically feasible yet, and substantial advances in the technology are still needed to ensure they are either low- or zero-carbon.
Other ways to cut emissions from transportation
While new fuel and vehicle technologies are often highlighted as decarbonization solutions, behavioral and other systemic changes will also be needed to cut greenhouse gas emissions dramatically from this sector. We are already in the midst of these changes.
Telecommuting: During the COVID-19 pandemic, the explosion of teleworking and video conferencing reduced travel, and, with it, emissions associated with commuting. While some of that will rebound, telework is likely to continue for many sectors of the economy.
Shared mobility: Some shared mobility options, like bike and scooter sharing programs, can get more people out of vehicles entirely.
Car-sharing and on-demand services such as Uber and Lyft also have the potential to reduce emissions if they use high-efficiency or zero-emission vehicles, or if their services lean more toward car pooling, with each driver picking up multiple passengers. Unfortunately, there is substantial uncertainty about the impact of these services. They might also increase vehicle use and, with it, greenhouse gas emissions.
New policies such as the California Clean Miles Standard are helping to push companies like Uber and Lyft to use cleaner vehicles and increase their passenger loads, though it remains to be seen whether other regions will adopt similar policies.
Public transit-friendly cities: Another systemic change involves urban planning and design. Transportation in urban areas is responsible for approximately 8% of global carbon dioxide emissions.
Efficient city planning and land use can reduce travel demand and shift transportation modes, from cars to public transit, through strategies that avoid urban sprawl and disincentivize personal cars. These improvements not only decrease greenhouse gas emissions, but can decrease congestion, air pollution and noise, while improving the safety of transportation systems.
How do these advances translate to lower emissions?
Much of the uncertainty in how much technological change and other systemic shifts in transportation affects global warming is related to the speed of transition.
The new IPCC report includes several potential scenarios for how much improvements in transportation will be able to cut emissions. On average, the scenarios indicate that the carbon intensity of the transportation sector would need to decrease by about 50% by 2050 and as much as 91% by 2100 when combined with a cleaner electricity grid to stay within the 1.5-degree Celsius (2.7 F) target for global warming.
These decreases would require a complete reversal of current trends of increasing emissions in the transportation sector, but the recent advances in transportation provide many opportunities to meet this challenge.
Ride-Sharing Platform eDrive Nepal begins service with electric taxis and scooters
Operating with electric vehicles only, the new ride-sharing service eDrive Nepal inaugurated its operation on Thursday, November 09, 2023. Committing to safe and affordable riding, providing accident insurance, and using GPS, the company says it will appeal to many.
EDrive Nepals ride-sharing service was inaugurated with UML Parliament member Mahesh Bartaula cutting the ribbons, Nepal Electricity Authority (NEA)s Managing Director Kulman Ghising and Deputy Speaker of Bagmati Province Apsara Chapagain waving green flags that reflected eco-friendliness of the companys EV services.
At the program, Bartaula said that EVs will utilize Nepals electricity, and do its part to help conserve the environment and save money spent on fuel imports.
The company has started operation with a Rs 14 crore investment and will provide ride-sharing/ride-hailing service with electric taxis and scooters. During the inaugural program, 52 electric taxis drove around Tundikhel in Kathmandu.
With its launch, eDrive Nepal has joined the list of many ride-sharing apps serving in Nepal. It will now compete with not just the existing popular ones but also fresh entrants such as InDrive and Sajilo.
EDrive Nepal ride-sharing service launches
Currently, eDrive has already brought 20 electric taxis into operation and will soon add 100 more. The procurement for the extra four-wheelers is almost at the final state, as per the company. Over time, other EVs from the market will also be part of its lineups. Company Chairman Rajesh Maske said that the main purpose of eDrive is to take customers to their destinations.
The company maintains that its service fees are extremely affordable than whats existing in the market. To make ride-sharing secure, the eDrive Nepal app has a one-time passcode (OTP) feature. Only when the users and the drivers passcode matches, a ride-sharing service will be available. The company says that it has established its own fast-charging station for its operational EVs.
Check out: Traffic police will now accept the digital driving license on the Nagarik App, but theres a catch
EDrive is promoting Green Transport with its ride-sharing service. Unlock the future of affordable, green transportation in Nepal with eDrive! Request a ride for yourself today and experience the convenience and sustainability of eDrive at an unbeatable rate, the company says.
Besides ride-sharing, the eDrive Nepal app will also provide Nepal Yatra and Food Delivery. But they may require some time before launching commercially for all.
You may also be interested in: Europes Ride-Sharing App Bolt enters Nepal with No Commission from Drivers for 6 Months
Standout eDrive Nepal Features & Services
Being eco-friendly with its commitment to service with all-electric vehicles, here are the key eDrive Nepal features:
- Safety firstOne of eDrive Nepals priorities is safety. The company has a real-time ride-tracing feature to keep a check on its operation. Additionally, a service can only start if an OTP code matches between the rider and the passenger. When it comes to eDrive Nepal, safety takes the first precedence.
- Faster serviceCrucially, the mote of eDrive Nepal is to take their customers to their homes right now time. The company emphasizes quality customer service as well as punctuation. Likewise, the company is also quick enough to respond to queries for electric taxis and scooters.
- Scientific fareeDrive Nepal says that its ride-sharing service is extremely affordable as compared to the market. The company says that it charges fairly as per the destination and it should be price-friendly for the commuters.
- Made in NepalOne of the good things about the eDrive Nepal ride-sharing app is that its completely a made-in-Nepal app made by Nepali engineers. Its user-friendly and easy to navigate through the services.
- Effective customer supportAnother highlight of the company is its dedication to customer support. Apart from live tracking, the company is committed to providing optimum support to its customers for ride-sharing and other related services. Do note that eDrive Nepal provides food delivery, and Nepal Yatra services besides ride-sharing on electric taxis and scooters.
The company will offer a taxi purchase with a low down payment
The company will also play an important role in generating employment. It will offer special discounts for women who want to join the company as a driver. Those who want to operate the service and buy an electric taxi but are barred by limited resources will be provided with an opportunity to buy a taxi with a very low down payment.
Likewise, the company says that drivers have to pay a very low amount of commissions to the company as compared to the existing market trend.
How to use the eDrive Nepal App?
Follow the steps below to download and use eDrive Nepal ride-sharing app on your phone:
- Download and launch the app.
- enter your phone number.
- You will receive an OTP code. Submit it.
- Allow permission to allow the app to send you notifications (you may also opt not to).
- Choose your preferred language.
- Register for either Passenger or Driver.
- Enter your personal information such as name, phone number, email, and gender, and Update.
- Update where you are currently living. You can choose among Kathmandu, Lalitpur, Bhaktapur, and Kavrepalanchok.
- Permit location services.
- Now you can choose your ride- scooter or taxi and seek nearby EDrive riders for your service.
Note: There are no charges to sign up for eDrive Nepal ride-sharing services. You can register free of cost.
Availability
The EDrive Nepal app is available on both Android and iOS apps. Customers can download, make a profile, and contact nearby drivers for a ride-share. Find the apps links below to download it:
EDrive Nepal app: Android | iOS
EDrives motif of using only electric taxis and scooters marks a benchmark move towards eco-friendly transport in Nepal. Gradually, the EV trend is setting in in the country and more consumers these days are attracted to the prospect of switching to electricity-powered vehicles. High costs for fuel, harmful gasses, and costlier maintenance have deterred many from using traditional rides. At the same time, ride-sharing platforms committing to using only EVs further promote the growing fascination and affinity with EVs.
How do you feel about the growing EV trend in Nepal? Do you think the country should now be ready to transition away from fuel-run vehicles? Drop your insight in our comments below.
