EVs, Hybrids Or IC Engines - What's Most Suited For India
Auto Tech Review|September 2017

Like the solar boom five years back, electric vehicles are causing a similar disruption to day in the auto industry globally. India is at the cusp of deciding its future and it is important for everyone to get a 360° perspective of what it means and what would work for our nation. This research paper by Feed back Consulting is an attempt to put all these perspectives in place and make a call on what would work for India. Excerpts:

AM Devendranath
EVs, Hybrids Or IC Engines - What's Most Suited For India

GLOBAL DEVELOPMENT OF EVh AND WHERE IT STANDS TODAY

Most global observers and researchers are revising their electric vehicle forecasts upward as improving battery costs challenge previous assumptions about growth. A new study by Bloomberg New Energy Finance [1] has shown that OPEC has drastically increased their EV forecast this year compared to the last year, 1. This is largely due to developments in lithium-ion batteries, driven primarily by China.

China, in fact, has bet heavily on the EV industry for many strategic reasons, including its urgent need to reduce oil imports, pollution reaching significant proportions, and its long held desire to dominate most spheres of business. The auto industry, based on IC Engines, is one industry that it hasn’t dominated yet as it is largely dominated by European, Japanese and American technology. China has worked on this over the last 10 years or so, and has made immense progress. Some highlights include:

:: It has the highest capacity for lithium batteries. It is said to be building capacity for one million batteries a year, and has secured resources around the globe for lithium supply;

:: On the demand side, they have been investing heavily on Government subsidies to drive up demand and have plans to set goals for electric and hybrid cars to make up at least a fifth of Chinese auto sales by 2025, with a staggered system of quotas beginning in 2018;

:: It is going to create a national champion in batteries and is determined to close the gap with Korean and Japanese battery makers by 2020;

この記事は Auto Tech Review の September 2017 版に掲載されています。

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この記事は Auto Tech Review の September 2017 版に掲載されています。

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