Opportunities in the field of E mobility in India

The global pollution level is rising, and every attempt is being made to limit CO2 emissions and rescue the earth. The development of electric vehicles is one such initiative (EV). Because the transportation sector is one of the largest CO2 emitters, it is critical to transform it to a green sector. Over the last decade, the global market for electric vehicles has grown at an unprecedented rate. The exploitation and pollution of natural resources has produced a need for renewable and environmentally friendly products over time, as day by day amount of non renewable energy sources like fossil fuel depletes.

The Indian government has set out on a goal to bring a renewable energy revolution in the country by launching a campaign for electric mobility by 2030. Within the next 12 years, it is expected to lower oil purchases by $60 billion, reducing emissions by 37% .

Comparison of ICEV HEV and EV

Government Initiatives

• Government of India introduced a scheme called the Faster Adoption and Manufacturing of hybrid and Electric vehicles (FAME), in 2015 to promote electric vehicles.
• State run firm Energy Efficiency Services Limited (EESL) has appointed the nodal agency to procure around 10,000 electric cars to replace existing government vehicles.
• The Karnataka State Government has approved a policy to promote research and development in electric mobility, making charging points and pods mandatory in all of the state’s major cities.
• Since becoming India’s first state to have an electric mass mobility system, the Maharashtra State Government has reduced some taxes for electric vehicles.
• As a signatory to the Paris Climate Agreement, India is obligated to reduce its share of global emissions by 2030.
• PM Narendra Modi announced that India will achieve net zero carbon emission by 2070 in COP26 summit, and as mentioned earlier transport section is a major contributor to carbon emission, this decision will create numerous opportunities in the field of e-mobility.

Career Opportunities

The country’s rapid evolution of policies in favor of E-Vehicles opens up new career opportunities for young people. The electric vehicle industry is an interdisciplinary field that necessitates specialists with in-depth knowledge of electronics, electrical, mechanical, and embedded software. Various universities, including IIT and NIT, offer B.Tech Engineering courses completely dedicated to E-Vehicles, based on career opportunities in this field.

Electric Vehicle Industry is a field that needs specialists from different engineering branches. Chemical engineers are way better prepared to work on battery chemistry, while electrical engineers are way better suited to select the best motor for the vehicle.

Experts with mastery in chemical engineering, electronics, embedded software, and electrical engineering will be in high demand.

How to start career in Electric Vehicle industry?

Hands-on experience working on an engineering problem related to EVs can help a student to fulfil the requirements of the electric vehicle industry.

Build Projects- Developing projects like designing efficient charger for electric vehicles or developing a thermal management system for the battery. This can prove a candidates worth for the electric vehicle engineer. Making a project or building a model requires thorough understanding of working and requirements of electric vehicle.

Internships- Internships are extremely beneficial since they allow you to interact with engineers who are working on real-world projects in the industry. Students learn how to solve real-world problems.

Business opportunities in field of e-mobility

Manufacturing

E-mobility provides new opportunities in the production of powertrain components, and charging equipment and overall electric vehicles.

Electric Vehicle Manufacturing: Indian startup companies like Ola Electric Mobility, Ather Energy, Bounce, BluSmart Mobility, Exponent Energy have risen in the automobile industry. Industry giants like TATA, Mahindra, Hero Electric are launching new electric vehicles.

Powertrain Components Manufacturing: Powertrain of electric vehicles is simpler than the powertrain of ICE vehicles. In current situation most of the components are imported, so there is an opportunity to start a “made in India” powertrain components business. Several companies are investing in research and development to improve the efficiency and performance of the powertrain, as well as to customize the components for Indian driving conditions.

Battery Pack: Lithium ion battery technology has grown dramatically over the last 15 years and is now widely used in portable electrical products. The Li-ion battery is the most commonly used battery in an electric vehicle. Achieving the government’s 2030 targets will necessitate at least 3,500 GWh of batteries, with a total cost of US $ 300 billion, or about 20 Cr lakh. If Indian manufacturers assemble packaging in the domestic market, they can capture 25 to 40% of the market’s value.

Software

The recent ACES (autonomous, connected, electric, shared) vehicle trend opens up prospects in telematics solutions, software for vehicle performance modelling, and operating systems that provide smart features to vehicles.

Charging Infrastructure

PSUs like as NTPC as well as private companies are working on establishing charging infrastructure by building Charging Networks around the country, including residential locations and offices/business areas. The availability of charging stations in public places such as malls, parking lots, and restaurants is required for urban charging infrastructure. As the field of e-mobility grows, this gives an opportunity for owners of such locations to provide charging facilities and attract additional consumers. One thing is for sure e mobility has huge scope and opportunities in India.

Battery Swapping

Battery swapping has the potential to be a effective solution for public transportation, such as electric rickshaws and buses which completely eliminate charging time of battery.

Retrofitting

source:https://evreporter.com/retrofitting-ice-vehicles-to-evs-hemank-dabhade/

Retrofitting ICE to EV is a potential interim solution for accelerating the transition to EV adoption. EV retrofitting has the potential to accelerate the adoption of electric vehicles. Old car which is on its way to get scraped can be retrofitted to electric vehicle, this helps the environment as well. Startups like eTrio provide retrofitting services in India.

Dealership and Franchise Opportunities

The entry of new EV companies and brands opens up a plethora of opportunities for entrepreneurs to explore dealer/distributorship of these brands.

Training and Skill Development

The technological advancements in the electric vehicle industry require hiring of more skilled individuals. It is necessary to train people who work in the automotive industry and want to start a career in the field of electric vehicles.

Battery recycling, last mile connectivity, and solar electric vehicle charging stations are a few other business which potential in the realm of EVs.

Job opportunities

1. Design and Development: Design, Test, Implement components like motors, batteries, chargers.
2. Scientific Research: Increase the performance as well decrease the cost of EVs by improving battery technology, charging methods.
3. Manufacturing: Developing specialized tools and assembly lines for manufacturing processes.
4. Maintenance: Repairing and servicing
5. Infrastructure: Charging stations and power grids, battery swapping stations.

EV prices are gradually falling and quality is improving as a result of technology advancements. As a result, e-mobility are experiencing significant expansion this avails large amount of career opportunities. According to private sector reports 2025, there will be a 707 billion dollar market. Government rules and incentives for purchasing electric vehicles are attracting an increasing number of people.

References:

1. Kesari, Janardan Prasad, Yash Sharma, and Chahat Goel. “Opportunities and Scope for Electric Vehicles in India.” SSRG International Journal of Mechanical Engineering 6 (2019): 1–8.
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3. Kumar, Rakesh, and Sanjeevikumar Padmanaban. “Electric vehicles for India: overview and challenges.” IEEE India Informatics 14 (2019): 139.
4. Johnvieira, Arloph, Mr Omkar Tupe, and Shweta Kishore. “CONSUMER PERCEPTION OF ELECTRIC VEHICLES IN INDIA.” European Journal of Molecular & Clinical Medicine 7, no. 8 (2021): 4861–4869.
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