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Nov 27, 2019
 
INDIAN AUTOMOBILE INDUSTRY MOVING TOWARDS EV
 

It is a detailed assessment of electric vehicles (EV) includes new technologies, key concepts, challenges, innovation, among others. The automobile industry is fourth largest industry in India and currently being world’s fourth largest car manufacturer, it is growing widely in innovative technologies. The government aims to develop India as a global manufacturer as well as a research and development hub. The national automotive testing department and national automotive board acts as a facilitator between government and industry. Recently the automobile industries are striving towards the automatic cars and aerial cars to minimize traffic and human efforts.

The Indian government has also set an ambitious target to sell only electrical vehicles. The Indian automobile industry has started to experience the effect of global disruption in which Electrification is most important and might make a significant impact on auto manufacturers. The Indian automobile industry is expected to witness 8 to 10 percent increase in electrical vehicle up to 2020.

India has great expectations of achieving high penetration in electronic mobility. The industry of heavy industry and the Government of India has shortlisted 11 cities across the country to introduce electric vehicles for public transport under the Electrical Vehicle Scheme.

Despite lack of specific pointers towards electrification, the electronic vehicle industry will have few more years to evolve, because automobile industry experts believe that India is making efforts towards developing a low-carbon economy, following the example of global big car markets such as Japan, US and China.

Experts allege, the major obstacles for development of EV market in India is lack of charging infrastructure, cost of battery, among others.

 
 
 
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