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Conquerors of Deccan
Overview of Automobile Industry in India
No matter how good a driver you are,
you have to have the right car and the
right team behind you in order to succeed.
Key points of today’s session
India will be selling 20% blended ethanol by 2025. Total 1.85 lakh Electric Vehicles
have been incentivized under FAME till now.
What is FAME?....
The automobile sector contributes about 35% to the manufacturing GDP of the
country.
Government of India is also aiming to launch flex fuel vehicles in India.
Ethanol burns cleaner than gasoline, which means flex-fuel cars pump lesser
toxic fumes into the environment.
Future of automobile in India
This launch is also proof that there is a lot to gain via the widespread adoption of EVs.
Plus, the Make in India program can aid the manufacturing of EVs and their
components.
In fact, some reports show that this could increase the country’s GDP by 25 per cent
over the coming years.
Even the present manufacturers such as Tata, Hyundai, MG have launched their EV’s
already in the market.
Government is also adopting the EV culture and trying to made their transportation
with the help of Electric Vehicles.
Electric Vehicles
Market has shown dynamic growth over the years and will achieve a tipping point
in the coming five years.
The Delhi government has also started Switch Delhi Campaign and taken multiple
initiatives to create awareness about the benefits of electric vehicles.
The transition to emissions-free individual mobility could only be possible because
of the electrification of the vehicle.
Electric vehicles will account for about 10 percent of new vehicle sales by 2025.
EV sales, excluding E-rickshaws in India, witnessed a growth of 20% and reached
1.56 lakh units in FY20 driven by two-wheelers.
Amongst all regions in India, Uttar Pradesh continues to have maximum monthly
registered EV sales with 22% of overall sales in India in April 2021 as per JMK
Research.
Hydrogen Vehicles
Hydrogen Fuel Cell Vehicles (FCVs) are similar to electric vehicles
(EVs) in that they use an electric motor instead of an internal
combustion engine to power the wheels.
In a fuel cell, hydrogen (H2) gas from the vehicle’s fuel tank combines
with oxygen (O2) from the air to generate electricity with only water
and heat as byproducts of the process.
Autonomous/ Driverless Vehicles
The exponential progress made in artificial intelligence, machine learning, and
deep neural networks makes it possible to achieve what until seemed utopian –
namely the development of driverless/ autonomous car.
Just like your smartphones, you will get a new look screen, new apps, and
entertainment content updated from time to time.
They can assess the requirement of the driver and passengers through sensors
embedded into the vehicle.
Smart cars can protect us from danger and can also help in finding a great meal,
or a place to rest or recommend our favorite songs during our journey.