We will examine the present scenario and the potential growth of the EV sector in this blog. We will also find out the key competencies needed to become an expert in the EV industry. In addition, we’ll highlight the numerous job prospects available in the EV industry.
Given below are the following topics we are going to discuss:
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Current Scenario and Future Scope of the EV Market
The International Energy Agency (IEA) conducted research that found that there were more than two million electric cars on the road worldwide in 2016 compared to just 5,000 in 2008.
Fundamental factors like growing environmental concerns, declining battery prices, and expanding the accessibility of charging infrastructure are particularly responsible for the rapid growth of the EV Market.
All of this has caused experts to expect that the use of EVs will expand quickly over the next ten years and growth projections for the current year vary from 27% to 33% till 2030. Additionally, the government of India has initiated various programs to make people aware of electric vehicles and how they can be beneficial for their future.
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Some of the schemes introduced by the government of India are the FAME-II program, National Electric Mobility Mission Plan, and the Technology Platform for Electric Mobility. These programs are playing a vital role in transforming the automotive sector into an exponentially growing EV sector.
The Indian automobile industry, on the other hand, is now the second-largest in the world and is anticipated to overtake developed nations by 2025. Both the country’s GDP and India’s automotive mission plan for the years 2016–2026 are supported by the industry.
The Indian government predicts that this percentage will rise to 12%. It is expected that the Indian auto industry, which includes component manufacture, will develop at a pace of 5.9% yearly and reach INR 16.18-188 billion (251.4-282.8 billion US dollars) by 2026, making it the country’s fastest-growing sector.
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Prerequisites Required to Become EV Industry Expert
The following skills are ones you should develop in yourself if you want to pursue a career in the EV sector:
- Knowledge of Electrical Engineering
Electric car specialists must be knowledgeable in electrical engineering because these vehicles run entirely on electrical systems. This involves knowledge of power electronics, electric motors, and battery technologies.
- Good Understanding of Computer Programming
EV Industry experts must understand C++, Java, and Python as EVs rely on computers to control their operations.
- Relevant Practical Training
Your resume will be improved by practical project experience in the design of motors, inverters, DC-DC converters, BMS, automotive embedded systems, etc.
Electric vehicle mechanics must be capable of spotting and resolving any potential problems with EVs. You can only achieve this if you have a solid understanding of the components and systems used in electric cars.
- Hands-on Experience in Designing Software
Experts in the EV Industry should have hands-on experience in designing software such as Matlab, Simulink, Ansys, etc.
Various Job Options in EV Industry
The Electric Vehicle industry is a growing sector due to which there are several options available to get a job in this field. Some of the job options that are quite popular in the EV Industry include:
Battery engineers will create and develop batteries for electric cars. They also aim to create new battery technologies and enhance the functionality and efficiency of batteries.
- Charging Infrastructure Engineer
They create software platforms, charging networks, and station designs that are used in EVs for the betterment of users.
- Electric Vehicle Design Engineer
An EV design engineer will create, develop, and test the batteries, motors, controllers, and charging systems that are used in electric car components. They also work with other engineers to make sure that the EV satisfies performance, safety, and efficiency criteria.
The responsibility for this designation is to examine the effects of electric vehicles on the environment and create plans to lessen their carbon footprint. Additionally, they seek to guarantee that EVs adhere to pollution and emission regulations.
- Sales and Marketing Manager
Sales and marketing managers supervise market analysis, product positioning, and advertising strategies for electric car sales and marketing.
Project managers are in charge of managing the creation and manufacture of electric cars from inception to launch. They oversee finances, schedules, and resources to guarantee that projects are finished on time and within the allotted spending limits.
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Real-Life Applications of the EV Industry
To help you understand this industry, let’s now dive further to learn about the real-world applications of the EV industry:
- Transportation: Vehicles used for transportation that employ EVs include automobiles, buses, motorcycles, and bicycles.
- Energy storage: Since they can store energy from renewable sources like solar and wind energy, EV batteries are a critical part of the shift to clean energy.
- Grid stabilization: EV batteries can also help in grid stabilization and lower the load on the power system because of their capacity to store excess energy and release it when necessary.
- Emergency backup power: EV batteries i.e., Saft’s lithium-ion battery may act as an emergency backup power supply for homes, hospitals, and other critical infrastructure during a power outage.
- Industrial machinery: EVs are utilized in a number of different industries for material handling and transportation, including airports and warehouses.
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The EV industry is experiencing substantial development due to the demand for these sorts of environmentally friendly and efficient vehicles. As a result of this, the market for electric cars is growing more quickly, which is creating a variety of job options for people who are looking forward to building a career in this particular field.
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