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Current News about Electric Vehicle Industry

Automotive industry such as Tata, Maruti Suzuki, Mahindra, Hyundai, Renault, Nissan, Kia, MG etc. launched their Electric Vehicle in function. Varity in design like Hybrid Electric Vehicle with along Battery Electric Vehicle. In India 3 Lacs Vehicle sold and book near about the same in March 2019, which is covering 2% share of passenger vehicles. Indian Government has taken drastic initiative to grow Electrical Vehicle Industries such as NEMM (National Electricity Mobility Mission) Plan 2020, FAME (Fast Adoption of Manufacturing Electric Vehicles), are the Startup Communities.
According to PPAC (Petroleum Planning & Analysis Cell) every year India is importing Oils of more than USD 100 billion (approx. 7 Lac Corers), India is targeting to improve the Rupee value by reducing the oil import cost, it can be only possible by adopting Electric Vehicles.

Other Government initiatives are:

  • Plan to sell 7 million Hybrid Electric vehicle till 2020
  • Government announced INR 10000 crore for FAME Scheme II on April 19
  • GST reduction to buy Electric Vehicle from 12% to 5%.
  • 100% exemption of Custom Duty
  • Additional Income Tax waiver of Rs. 1.5 lacs on interest paid on loan for purchasing Electric Vehicle.
  • Government is thinking for Cab aggregators like Ola and Uber should switch to Electric Cabs.
  • Government is targeting to operate only Electric Two Wheeler & Three Wheeler by 2025.

Current trend of Electric Vehicle Technology

  • Education - Viewing to current skill demand in industry education system are updated. Any engineering graduate, ITI, diploma & non-technical graduates are the ideal candidates to make their career in Electric Vehicle Industry.
  • Electric Vehicle Industry - Indian government is very cautious about environmental control on pollutions. To fight with pollution we have to reduce our everyday Carbon emission to the environment. Electric Vehicle is a significant alternative to reduce daily carbon emissions which is right now in very dangerous level.
  • Research & development - As Electric Vehicle Industry is not fully established yet, in fact we can say Electric Vehicle is right now in its preliminary stage. There are lots of scopes for research and development. Our scientists are still searching for alternative of Lithium ion batteries. To establish effective network of Charging stations and Battery Service Centers are another big challenge to solve. Engineers are developing replaceable Battery with quick charging options. Advance Driver Assistance System and developing sensors are the area of improvement.

It is highly recommended by CADD Centre to all of our students that they should take immediate actions and enroll themselves in Electric Vehicle Technology course offering in CADD Centre. The course contains all the fundamental details and aspects of Electric Vehicle Industry. It will give you all the highlights of different opportunities that lie in EV industry. We will also cover the training on MATLAB program to give advance instructions to your vehicle through MATLAB programming. Training on EV Technology is a very comprehensive training program which will give your career a significant boost as well as a tremendous start.

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