What is the future of EVs in India? Can they become mainstream? What are the advantages and challenges?
The Indian EV industry witnessed a remarkable one million EV sales in FY2223. However, these numbers are primarily accounted for by two-wheelers, three-wheelers and small commercial vehicles. For the passenger car industry, the contribution of EVs was less than 1%. The adoption of EVs in the passenger car segment will happen at a much steadier rate owing to high prices of EVs, short cruising range leading to range anxiety and lack of charging infrastructure. Since emissions standards are tightening globally, including in India, there is an industry consensus that EVs will become mainstream. However, it is safe to say that the transition to a pure EV automotive industry will be a gradual one, as the whole ecosystem including establishment of a charging network and the entire national power grid is prepared to deal with EVs. This is why, we at Maruti Suzuki are taking a holistic approach of developing the whole ecosystem from introducing the born electric vehicles to cell level localization and setting up charging infrastructure.
In the recently concluded Auto-Expo’23, we displayed our eVX Electric SUV concept, which will be our first electric vehicle that will be launched in FY24-25. This will spearhead our plan of launching 6 EVs by 2030. Furthermore, Suzuki Motor Corporation has announced the investment of ₹100 billion to kickstartthe production of automotive battery packs for BEV batteries in India.
This story is from the May 2023 edition of PCQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 2023 edition of PCQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ASUS ExpertBook P5
The ASUS ExpertBook P5 aims to deliver more than just a typical business laptop experience. Designed for modern professionals, it boasts powerful hardware, AI-driven tools, and robust security features.
Early Warning Systems (EWS): The recipe to combat fraud and delinquency
An EWS isn't just a compliance tool; it's a financial guardian that transforms chaos into clarity. By weaving unstructured data, automation, and adaptive analytics, it empowers lenders to outpace fraud, foresee risks, and revolutionize credit management with precision
Empowering businesses with data privacy compliance: Key takeaways from PCQuest's DPDPA workshop
From chaos to clarity-PCQuest's DPDPA Workshop explored how businesses can master data privacy laws, turn compliance into opportunity, and build unshakable trust in a data-driven world.
Brightening Lives: Assistive Technology for art and entertainment
Assistive Technology is transforming art and entertainment into playgrounds of inclusion-cinemas that narrate, museums that adapt, and platforms that empower. It's more than access; it's a revolution of creativity, breaking barriers for a connected, empathetic world
Gaming saw dramatic advancements in hardware, software & AI
The 2024 gaming revolution fuses cutting-edge hardware with Al, delivering immersive worlds, lifelike NPCs, and dynamic gameplay. With next-gen consoles, blazing GPUs, VR/AR, and personalized experiences, gaming evolves into interactive ecosystems, redefining entertainment and innovation for players worldwide
The tools of tomorrow tackling the challenges of today
Drones are revolutionizing farming, replacing hard labor with precision tools powered by Al. From spraying to scouting, they work smarter, not harder. With innovation tackling challenges like language barriers and training, drones are redefining how fields are managed and harvested
In race between hackers and cybersecurity, quantum is key
Hackers wield Al, encryption quakes under quantum power, but quantum cryptography flips the script. With physics as its ally and India as a trailblazer, it crafts unbreakable, ever-changing keys. The future of data isn't just safe-it's quantum-proof brilliance
The tech that's changing the game across the board
Machine learning is rewriting the rules, from crafting infinite gaming worlds to saving lives with real-time health data. It's not just tech-it's transformation. As challenges arise, innovation keeps pushing the boundaries of what's possible every day
2024's biggest technology trends: What's changing and why it matters
2024's tech isn't just evolving-it's reinventing the rules. AI creates, hardware accelerates, and green innovations heal the planet. From smarter machines to faster connections, it's a year of bold leaps, where innovation doesn't just support life-it redefines it
Exploring the development of 3D and spatial sound in consumer tech
Spatial audio is the art of painting sound in 3D-turning every note, whisper, or explosion into an immersive journey. It blurs the line between the real and digital, making listeners not just hear but feel sound as if they're living inside it