EV Motors : The Future of Indian Automobile

General Overview:

Indian automobile market is growing exponentially for every segment of vehicles like Petrol, Diesel and specially for Electrical vehicles.

The Indian automobile industry is the third largest market after China and the US. India's share of “Made in India” cars is growing globally and it will also poised to become the world's third largest market for electric vehicles by 2025. According to the report, the Indian EV market was predicted to reach up to 11400 crore by 2029.

Did You Know? The electric vehicle was invented in 1835 before the internal combustion engine.

In the legacy of the IC engines there are certain problems like, The availability of fossil fuels is limited and their consumption is destroying our planet. Dependency on foreign oil, Greenhouse effect (atmosphere warming), toxic air pollution and the waste heat generated by its inefficiency. From an efficiency perspective, a petrol or diesel car can convert only 17%-21% of the energy stored in the fuel to the wheels of which about 80% is wasted.

Where, electric vehicles can covert around 60% of the electrical energy from the grid to power the wheels, because of that EV’s have many advantages over other vehicles.

Why EV’s are Better:

EVs are the cleanest, most efficient and most cost-effective forms of transportation and most importantly they are almost maintenance-free. compare to internal combustion engine Because in IC engine it has hundreds of moving parts compared to only one in an electric vehicle hence maintenance costs are reduced.

EVs not only give good mileage range but are also eco-friendly and have absolutely zero emissions rate, as the energy used to drive EV’s is 97 percent cleaner in terms of harmful pollutants and does not emit any toxic elements into the atmosphere.

Electric motor function so silently because there is no engine under hood and no engine means no noise.

Market Growth:

In last few years sale of electric vehicle is dramatically increased. If we take a look at the EV industry sales data from 2019-2024, we can clearly see that the sales are steadily increasing every year. In which 2-wheelers and 3-wheelers have a major share in the sales figure. A total 1,45,989 units of EV were sold as shown in the graph in FY 2019 where the sales has to reach 16,70,736 units in 2024 and continue to grow rapidly. The EV sector has grown exponentially by 1140% in almost a decade.

Challenges:

The major challenges currently facing the electric vehicle industry are range, high speed and cost.

Ultimately, the price of an EV is determined by the battery and its performance. The only way electric vehicles can make a big difference in people's lives is if electric vehicles can do what petrol and diesel cars are doing. EV’s should look good and be the best in terms of safety.

Summery:

Electric vehicles symbolize their commitment to saving the planet and environmental sustainability, and offer freedom from fossil fuels. Future improvements will surely make them faster, longer range and more efficient. Internal combustion engines are nearing the end of their technical life.

So, Electric vehicle ownership is the best first step we can take to save the planet.