Does India have the potential to become a leading market for electric vehicles?

Does India have the potential to become a leading market for electric vehicles?

The Indian market has always been very dynamic and welcoming for the new changes. One of the business sectors which has garnered a lot of attention this year is the automobile. We have seen some severe downfall of the same. On one side, where we are witnessing plummeting automobile markets, on the other hand, we have the buzz about electric vehicles. EV or Electrical vehicles are run on batteries. These have ditched the idea of using conventional fuel systems and rely on electrically charged batteries to be the power source.

Indian market and Electrical Vehicle: The story so far

It would not be wrong to say that the global automotive industry is changing. Electrification, connectivity, shared mobility, and autonomous driving are key drivers of change in the automotive industry. Of these, electrification is of great importance. When we talk about the Indian context, then there are going to be some transformational developments in this field in the times to come. The primary reason for India’s focus on an electrically powered vehicle is both economical and environmental. While we are witnessing rising pollution levels, we are also witnessing increasing prices of petrol which are burning a hole in the pocket. EV or EV cars are a great alternative to conventional fuel-driven cars. On the related note, it becomes important to mention here that in the year 2017, transport minister Nitin Gadkari announced that by 2030, India would completely shift to EVs.

E-mobility is no more the relic of the past; it has arrived in India and has been embraced positively. With the rising number of automotive companies now shifting their focus on manufacturing EVs, there is going to be a rise in the demand for a skilled workforce in this field. Companies like Kinetic Motors, Maruti Suzuki, Tata Motors, Hyundai Motors are gearing up for the launch of their EV models by 2020. There are new entrants like Kia Motors and MG Motors from China that are exploring the EV market in India. All this sets a new zone of development and opportunities.

What’s in it for you?

If you are an aspirant to wishes to make a future in the automotive industry, then learning about EV is something which you should start thinking about SICCESS is bringing you a state of the art certification program in EV designing and other aspects associated with it. The batches are going to start soon, and if you wish to explore further in this field, you must connect with us today.