When it comes to electric mobility, safety is of the highest concern, and manufacturers should strive to create products that are both sustainable and meet the needs of their consumers, according to Hero MotoCorp Chairman and Chief Executive Office (CEO) Pawan Munjal on Thursday.
Speaking at a Confederation of Indian Industry (CII) event, the experienced industry expert stated that the automobile industry is heading toward electrification, and that the availability of adequate infrastructure and power, ecosystem, government subsidies, and Electric Vehicle (EV) waste management would be critical in the coming years.
The country's leading two-wheeler manufacturer plans to enter the EV market in the coming months.
"Without a question, electrification is the industry's future, Some businesses have already begun- EVs, in my opinion, will be the cars of the future. The country is heading in that direction," Munjal said.
Various countries have already set objectives for themselves in the field of automotive electrification, he observed.
"This (the shift to EVs) would need huge advances for the entire automobile production ecosystem as well," Munjal remarked.
The design principles will be most important in this endeavor, and the industry must strive to create a product that is both sustainable and connected with the needs of the client, he noted.
In addition, considering what has been occurring around the nation, safety is non-negotiable and of utmost concern, Munjal added, alluding to recent incidences of electric two-wheelers catching fire.
He stated that the complete infrastructure for charging batteries, supplementary equipment, component supply, and after sales were all critical issues that required the industry's attention.
We must also develop the supply chain and skill sets that will power this effort. Given the vastness of our country, establishing high-quality infrastructure to enable the electrification revolution is crucial, Munjal emphasized this.