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Project Report
On
Mumbai University
By
Address: JMF Sanskriti vihar, Dr.Namade Road, Dombivli, Kopar Cross Road, Dombivli (W),
421202 Dist. Thane.
Address :- JMF Sanskriti Vihar, Dr. Nemade Road, Dombivli, Kopar Cross Road,
Dombivli (W) – 421202, Dist Thane, Maharashtra, Tel: 0251-2463800, Mob 9221437415,8655030889
www.vandermalaramellege.com, Email : jmf_degreecollege@rediffmail.om
Certificate
This is to certify that
Ms/Mr ____________________________________________________
Has worked and duly completed his/her Project Work for the Degree of
Bachelor in Commerce (Accounting and Finance)
Under the Faculty of Commerce in the subject of
(___________________________________________________________)
And his/her project is entitled
(___________________________________________________________)
Under my supervision.
I further certify that the work has been done by the learner under my guidance and no part of
it has been submitted previously for any Degree or Diploma of any University.
It is her/his work and facts reported by her/him are personal findings and investigation.
Place:
Date:
Signature
ACKNOWLEDGEMENT
Apart from the efforts of ours, the success of any project depends largely on the
encouragement and guidelines of many others.
I take this opportunity to express gratitude to the people who have been
instrumental in the successful completion of this project.
Also, I feel grateful to my Project guide Prof. Pratik Shah. Without his
encouragement and guidance the project would not have been materialized.
SR. NO. INDEX
1. INTRODUTION
OBJECTIVES
2. THEREOTICAL BACKGROUND
3. HISTORY
4. EXPERIMENTATION
5. INDUSTRY PROFILE
a) GLOBAL ELECTRIC VEHICLE MARKET
b) EV INDUSTRY IN INDIA
6. GOVERNMENT POLICIES
7. TESLA – A REVOLUTION IN EV
8. ELECTRICITY SOURCES
9. VEHICLE TYPES
11. PROPERTIES
P
12. DATA ANALYSIS
13. FINDINGS
14. CONLUSION
15. SUGGESSTIONS
16. BIBLIOGRAPHY
17.
TOPIC INTRODUCTION
India is a country with the third-largest road network in the world. Road
travel seemed to be a preferred choice in India with over 60 % of the
population used personal or shared vehicles to commute.
The car enterprise in India is one in every of the bigger markets within
side the global and had previously been one of the quickest developing
globally, however is now seeing flat or terrible increase rates. India's
passenger automobile and industrial car production enterprise is the 6th
biggest within side the global.
i. To study consumer preference for electric vehicles and its global market.
ii. To know the effectiveness of electric cars and their global market.
iii. To find out consumer preference towards electric vehicles.
THEORETICAL BACKGROUND
Green vehicles, which includes electric powered vehicles (EVS), are becoming
noteworthy recognition amongst purchasers worldwide. The cause of this paper
is to set up EVs as a possible bong-time period answer for the destiny of era
withinside the automobile industry, which could lower the modern dependency
on fossil fuels and additionally lower greenhouse gas (GHG) emissions.
Electric motive power started in 1827, when Hungarian priest Ányos Jedlik
built the first crude but viable electric motor, provided with stator, rotor and
commutator; the next year, he used it to power a tiny car. In 1835, Professor
Sibrandus Stratingh of the University of Groningen, the Netherlands, built a
small-scale electric car, and between 1832 and 1839 (the exact year is
uncertain), Robert Anderson of Scotland invented the first crude electric
carriage, powered by non-rechargeable primary cells. American blacksmith and
inventor Thomas Davenport built a toy electric locomotive, powered by a
primitive electric motor, in 1835. In 1838, a Scotsman named Robert Davidson
built an electric locomotive that attained a speed of four miles per hour (6
km/h). In England a patent was granted in 1840 for the use of rails as
conductors of electric current, and similar American patents were issued to
Lilley and Colten in 1847.
Due to the limitations of storage batteries at that time, electric cars did not gain
much popularity; however, electric trains gained immense popularity due to
their economies and achievable speeds. By the 20th century, electric rail
transport became commonplace due to advances in the development of electric
locomotives. Over time their general-purpose commercial use reduced to
specialist roles as platform trucks, forklift trucks, ambulances, tow tractors and
urban delivery vehicles, such as the iconic British milk float; for most of the
20th century, the UK was the world's largest user of electric road vehicles.
Electrified trains were used for coal transport, as the motors did not use precious
oxygen in the mines. Switzerland's lack of natural fossil resources forced the
rapid electrification of their rail network. One of the earliest rechargeable
batteries – the nickel-iron battery – was favored by Edison for use in electric
cars.
EVs were among the earliest automobiles, and before the pre-eminence of light,
powerful internal combustion engines, electric automobiles held many vehicle
land speed and distance records in the early 1900s. They were produced by
Baker Electric, Columbia Electric, Detroit Electric, and others, and at one point
in history out-sold gasoline-powered vehicles. In 1900, 28 percent of the cars on
the road in the US were electric. EVs were so popular that even President
Woodrow Wilson and his secret service agents toured Washington, D.C. in their
Milburn Electrics, which covered 60– 70 mi (100–110 km) per charge.
In the 1930s, National City Lines, which was a partnership of General Motors,
Firestone, and Standard Oil of California purchased many electric tram
networks across the country to dismantle them and replace them with GM
buses. The partnership was convicted of conspiring to monopolize the sale of
equipment and supplies to their subsidiary companies, but was acquitted of
conspiring to monopolize the provision of transportation services.
EXPERIMENTATION
Insulated-gate bipolar transistor (IGBT) technology made possible the use of the
synchronous AC three phase motor, by creating a synthetic three phase
alternating current from, for example, a DC traction battery pack. This
technique was developed by Hughes and GM and used in their US Electric car
in 1995, but still used the heavy (26 count 12 Volt) lead acid, series connected
batteries. GM later developed an electric pickup truck and then the EV1. This
motor and controller was kept alive and used in converted cars by AC
Propulsion, where they introduced the lithium battery that Elon Musk later saw
and embraced. Another important technology that enabled modern highway-
capable electric cars is the lithium-ion battery, invented by John Goodenough,
Rachid Yazami and Akira Yoshino in the 1980s, which was responsible for the
development of electric vehicles capable of long-distance travel.
Chrysler, Ford, GM, Honda, and Toyota also produced limited numbers of EVs
for California drivers. In 2003, upon the expiration of GM's EV1 leases, GM
discontinued them. The discontinuation has variously been attributed to:
the auto industry's successful federal court challenge to California's zero-
emissions vehicle mandate, a federal regulation requiring GM to produce and
maintain spare parts for the few thousands EV1s and the success of the oil and
auto industries' media campaign to reduce public acceptance of EVs.
A movie made on the subject in 2005–2006 was titled Who Killed the Electric
Car? and released theatrically by Sony Pictures Classics in 2006. The film
explores the roles of automobile manufacturers, oil industry, the U.S.
government, batteries, hydrogen vehicles, and the general public, and each of
their roles in limiting the deployment and adoption of this technology.
INDUSTRY PROFILE
More than 90% of electric vehicles on Indian roads are low-speed electric
scooters (less than 25km/hr) that do not require registration and licenses.
Almost all electric scooters run on lead batteries to keep the prices low,
however, battery failures and low life of batteries have become major limiting
factors for sales besides government subsidies. Many manufacturers have taken
initiatives to install the charging station with limited success. Players like Lohia
and Electrotherm have developed Electric three-wheelers. Ampere and Hero
have entered Electric Cycles segments. There are numbers of E-Rickshaw
players mushrooming across the country and selling good numbers of E
rickshaw for last-mile connectivity.
The Industry is almost ready for take-off but for the incentives. It is expected
that with FAME-2 the industry may witness a quantum leap in volumes and
technology. SMEV sees a great opportunity with EVs in reducing the Carbon
footprint, dependence on Crude oil imports, creating jobs and building a new
Technology knowledge hub in India.
2. Mahindra e-Verito
3. Mahindra e2o
9. Morris Garages ZS EV
MOTOR CYCLES:
1. Revolt Motors
2. Tork Motors
4. Ultraviolette Automotive
SCOOTERS:
1. Ather Energy
5. Okinawa Praise
7. Evolet Pony
8. Omjay Eeve
9. Battre loev
16.Ola Electric
Union Road Transport Minister Nitin Gadkari stated today that, he believes;
"India will be a manufacturing hub for electric vehicles within the next five
years, adding that several countries do not want to deal with China after the
COVID-19 crisis, which can be an opportunity for India." The minister asked
Indian automotive companies to boost their electric vehicle technology and also
to focus on finding alternatives to lithium-ion battery tech to help make India
the next global manufacturing hub for electric vehicles. “I am confident that in
five years, India will become the number one hub for manufacturing electric
buses, cars and two-wheelers.
There is also a blessing in disguise that a majority of countries are not interested
in dealing with China anymore. So, now there is a huge potential for India,”
Gadkari said. Gadkari made the statement during a webinar titled ‘India’s
Electric Vehicle Roadmap Post COVID-19’. The minister’s push in the EV
sector comes as relations between India and China are currently tense following
the border standoff on 15–16 June that left 20 Indian soldiers dead.
China has so far been on top in terms of electric vehicle production in the world
with it producing over 80 percent of all EVs globally. The country has the
fourth largest reserves of lithium in the world hence giving it a monopoly in the
lithium-ion cell market. Lithium-ion battery packs are currently used the most
for powering from small electric two-wheelers to electric commercial vehicles.
India unveiled the 'National Electric Mobility Mission Plan 2020' in 2013 to
address the issues of National energy security, vehicular pollution and growth of
domestic manufacturing capabilities. Reiterating its commitment to the Paris
Agreement, the Government of India has plans to make a major shift to electric
vehicles by 2030.
TESLA – A REVOLUTION IN EV
Tesla was founded in 2003 by a group of engineers who wanted to prove that
people didn’t need to compromise to drive electric – that electric vehicles can
be better, quicker and more fun to drive than gasoline cars. Today, Tesla builds
not only all-electric vehicles but also infinitely scalable clean energy generation
and storage products. Tesla believes the faster the world stops relying on fossil
fuels and moves towards a zero-emission future, the better.
In 2015, Tesla expanded its product line with Model X, the safest, quickest and
most capable sport utility vehicle in history that holds 5-star safety ratings
across every category from the National Highway Traffic Safety
Administration. Completing CEO Elon Musk’s “Secret Master Plan,” in 2016,
Tesla introduced Model 3, a low-priced, high-volume electric vehicle that began
production in 2017. Soon after, Tesla unveiled the safest, most comfortable
truck ever – Tesla Semi – which is designed to save owners at least $200,000
over a million miles based on fuel costs alone. In 2019, Tesla unveiled Model
Y, a mid-size SUV, with seating for up to seven, and Cybertruck, which will
have better utility than a traditional truck and more performance than a sports
car.
ELECTRICITY SOURCES
It is also possible to have hybrid EVs that derive electricity from multiple
sources, such as:
For especially large EVs, such as submarines, the chemical energy of the
diesel–electric can be replaced by a nuclear reactor. The nuclear reactor usually
provides heat, which drives a steam turbine, which drives a generator, which is
then fed to the propulsion. See Nuclear marine propulsion.
A few experimental vehicles, such as some cars and a handful of aircraft use
solar panels for electricity.
ONBOARD STORAGE
These systems are powered from an external generator plant (nearly always
when stationary), and then disconnected before motion occurs, and the
electricity is stored in the vehicle until needed.
Batteries, electric double-layer capacitors and flywheel energy storage are forms
of rechargeable on-board electricity storage systems. By avoiding an
intermediate mechanical step, the energy conversion efficiency can be improved
compared to hybrids by avoiding unnecessary energy conversions. Furthermore,
electro- chemical batteries conversions are easy to reverse, allowing electrical
energy to be stored in chemical form.
LITHIUM-ION BATTERY:-
Most electric vehicles use lithium-ion batteries (Li-Ions or LIBs). Lithium ion
batteries have higher energy density, longer life span and higher power density
than most other practical batteries. Complicating factors include safety,
durability, thermal breakdown and cost. Li-ion batteries should be used within
safe temperature and voltage ranges in order to operate safely and efficiently.
In the past, nickel–metal hydride battery batteries were used in some electric
cars, such as those made by General Motors. These battery types are considered
outdated due to their tendencies to self-discharge in the heat.Furthermore, a
patent for this type of battery was held by Chevron, which created a problem for
their widespread development.These factors, coupled with their high cost, has
led to lithium-ion batteries leading as the predominant battery for EVs.
The prices of lithium-ion batteries are constantly decreasing, contributing to a
reduction in price for electric vehicles.
ELECTRIC MOTOR:-
The power of a vehicle's electric motor, as in other machines, is measured in
kilowatts (kW). Electric motors can deliver their maximum torque over a wide
RPM range. This means that the performance of a vehicle with a 100 kW
electric motor exceeds that of a vehicle with a 100 kW internal combustion
engine, which can only deliver its maximum torque within a limited range of
engine speed.
Usually, direct current (DC) electricity is fed into a DC/AC inverter where it is
converted to alternating current (AC) electricity and this AC electricity is
connected to a 3-phase AC motor.
For electric trains, forklift trucks, and some electric cars, DC motors are often
used. In some cases, universal motors are used, and then AC or DC may be
employed. In recent production vehicles, various motor types have been
implemented; for instance, induction motors within Tesla Motor vehicles and
permanent magnet machines in the Nissan Leaf and Chevrolet Bolt.
VEHICLE TYPES
Ground vehicles:-
Pure-electric vehicles
A pure-electric vehicle or all-electric vehicle is powered exclusively through
electric motors. The electricity may come from a battery (battery electric
vehicle), solar panel (solar vehicle) or fuel cell (fuel cell vehicle).
Hybrid EVs
There is a variety of HEV types and the degree to which each function as an
electric vehicle (EV) also varies. The most common form of HEV is the hybrid
electric car, although hybrid electric trucks (pickups and tractors), buses, boats
and aircraft also exist. Modern HEVs make use of efficiency-improving
technologies such as regenerative brakes which convert the vehicle's kinetic
energy to electric energy, which is stored in a battery or supercapacitor.
A plug-in electric vehicle (PEV) is any motor vehicle that can be recharged
from any external source of electricity, such as wall sockets, and the electricity
stored in the Rechargeable battery packs drives or contributes to drive the
wheels. PEV is a subcategory of electric vehicles that includes battery electric
vehicles (BEVs), plug-in hybrid vehicles, (PHEVs), and electric vehicle
conversions of hybrid electric vehicles and conventional internal combustion
engine vehicles.
Railborne EVs
The fixed nature of a rail line makes it relatively easy to power EVs through
permanent overhead lines or electrified third rails, eliminating the need for
heavy onboard batteries. Electric locomotives, electric multiple units, electric
trams (also called streetcars or trolleys), electric light rail systems, and electric
rapid transit are all in common use today, especially in Europe and Asia.
Since electric trains do not need to carry a heavy internal combustion engine or
large batteries, they can have very good power-to-weight ratios. This allows
high speed trains such as France's double-deck TGVs to operate at speeds of
320 km/h (200 mph) or higher, and electric locomotives to have a much higher
power output than diesel locomotives.
In addition, they have higher short-term surge power for fast acceleration, and
using regenerative brakes can put braking power back into the electrical grid
rather than wasting it. Maglev trains are also nearly always EVs. There are also
battery electric passenger trains operating on non-electrified rail lines.
Manned and unmanned vehicles have been used to explore the Moon and other
planets in the Solar System. On the last three missions of the Apollo program in
1971 and 1972, astronauts drove silver-oxide battery-powered Lunar Roving
Vehicles distances up to 35.7 kilometers (22.2 mi) on the lunar surface.
Unmanned, solar-powered rovers have explored the Moon and Mars.
Airborne EVs
Since the beginnings of aviation, electric power for aircraft has received a great
deal of experimentation. Currently, flying electric aircraft include manned and
unmanned aerial vehicles.
Seaborne EVs
Electric boats were popular around the turn of the 20th century. Interest in quiet
and potentially renewable marine transportation has steadily increased since the
late 20th century, as solar cells have given motorboats the infinite range of
sailboats. Electric motors can and have also been used in sailboats instead of
traditional diesel engines.
Electric ferries operate routinely. Submarines use batteries (charged by diesel or
gasoline engines at the surface), nuclear power, fuel cells or Stirling engines to
run electric motor-driven propellers.
Electric power has a long history of use in spacecraft. The power sources used
for spacecraft are batteries, solar panels and nuclear power. Current methods of
propelling a spacecraft with electricity include the arcjet rocket, the electrostatic
ion thruster, the Hall effect thruster, and Field Emission Electric Propulsion.
ENERGY AND MOTORS
Components
The type of battery, the type of traction motor and the motor controller design
vary according to the size, power and proposed application, which can be as
small as a motorized shopping cart or wheelchair, through pedelecs, electric
motorcycles and scooters, neighbourhood electric vehicles, industrial fork-lift
trucks and including many hybrid vehicles.
Energy sources
EVs are much more efficient than fossil fuel vehicles and have few direct
emissions. At the same time, they do rely on electrical energy that is generally
provided by a combination of non-fossil fuel plants and fossil fuel plants.
Consequently, EVs can be made less polluting overall by modifying the source
of electricity. In some areas, persons can ask utilities to provide their electricity
from renewable energy.
Fossil fuel vehicle efficiency and pollution standards take years to filter through
a nation's fleet of vehicles. New efficiency and pollution standards rely on the
purchase of new vehicles, often as the current vehicles already on the road reach
their end-of-life. Only a few nations set a retirement age for old vehicles, such
as Japan or Singapore, forcing periodic upgrading of all vehicles already on the
road.
Batteries
An electric-vehicle battery (EVB) in addition to the traction battery speciality
systems used for industrial (or recreational) vehicles, are batteries used to power
the propulsion system of a battery electric vehicle (BEVs). These batteries are
usually a secondary (rechargeable) battery, and are typically lithium-ion
batteries. Traction batteries, specifically designed with a high ampere-hour
capacity, are used in forklifts, electric golf carts, riding floor scrubbers, electric
motorcycles, electric cars, trucks, vans, and other electric vehicles.
Efficiency
EVs convert over 59-62% of grid energy to the wheels. Conventional gasoline
vehicles convert only some 17%–21%,
CHARGING:-
a. Grid capacity
If almost all road vehicles were electric it would increase global demand
for electricity by up to 25% by 2050 compared to 2020.[59] However,
overall energy consumption and emissions would diminish because of the
higher efficiency of EVs over the entire cycle.
b. Charging stations
A charging station, also called an EV charger or electric vehicle supply
equipment (EVSE), is a piece of equipment that supplies electrical power for
charging plug-in electric vehicles (including hybrids, neighborhood electric
vehicles, trucks, buses, and others).
Although batteries can only be charged with DC power, most electric vehicles
have an onboard AC- to-DC converter that allows them to be plugged into a
standard household AC electrical receptacle. Inexpensive low-power public
charging stations will also provide AC power, known as "AC charging stations".
To facilitate higher power charging, which requires much larger AC-to-DC
converters, the converter is built into the charging station instead of the vehicle
and the station supplies already-converted DC power directly to the vehicle,
bypassing the vehicle's onboard converter. These are known as "DC charging
stations". Most fully electric car models can accept both AC and DC power.
Batteries with greatest energy density such as metal-air fuel cells usually cannot
be recharged in purely electric way. Instead, some kind of metallurgical process
is needed, such as aluminum smelting and similar.
d. Dynamic charging
Dynamic charging allows electric vehicles to charge while driving on roads or
highways. Sweden is scheduled to complete testing of four different dynamic
charging technologies by 2022.
Safety
The United Nations in Geneva (UNECE) has adopted the first international
regulation (Regulation 100) on safety of both fully electric and hybrid electric
cars, with the intent of ensuring that cars with a high voltage electric power
train, such as hybrid and fully-electric vehicles, are as safe as combustion-
powered cars. The EU and Japan have already indicated that they intend to
incorporate the new UNECE Regulation in their respective rules on technical
standards for vehicles.
Environmental
EVs release no tailpipe air pollutants; however, EVs are charged with electricity
that may be generated by means that have health and environmental impacts,
and the air emissions associated with manufacturing an electric vehicle can be
greater than those of manufacturing a conventional vehicle.
The carbon emissions from producing and operating an EV are typically less
than those of producing and operating a conventional vehicle. EVs in urban
areas almost always pollute less than internal combustion vehicles.
Since their first commercial release in 1991, lithium-ion batteries have become
an important technology for achieving low-carbon transportation systems. The
sustainability of production process of batteries has not been fully assessed in
either economic, social or environmental terms.
Electric cars have been promoted as the ultimate solution to global warming,
but just a few percent of the world's greenhouse gas emissions can be traced
back to energy consumption for personal transportation. Current projections
estimate that only a fifth of the cobalt and less than 60% of the lithium needed
for electric cars will be sourced from recycled sources by 2035. Thus, much of
the raw materials involved in EV production will rely on the extraction of
scarce metallic ores.
Socio-economic
Pollution from fossil fuel vehicles affects poorer people more.
Mechanical
Electric motors are mechanically very simple and often achieve 90% energy
conversion efficiency over the full range of speeds and power output and can be
precisely controlled. They can also be combined with regenerative braking
systems that have the ability to convert movement energy back into stored
electricity. This can be used to reduce the wear on brake systems (and
consequent brake pad dust) and reduce the total energy requirement of a trip.
Regenerative braking is especially effective for start-and-stop city use.
They can be finely controlled and provide high torque from stationary-to-
moving, unlike internal combustion engines, and do not need multiple gears to
match power curves. This removes the need for gearboxes and torque
converters.
EVs provide quiet and smooth operation and consequently have less noise and
vibration than internal combustion engines. While this is a desirable attribute, it
has also evoked concern that the absence of the usual sounds of an approaching
vehicle poses a danger to blind, elderly and very young pedestrians. To mitigate
this situation, many countries mandate warning sounds when EVs are moving
slowly, up to a speed when normal motion and rotation (road, suspension,
electric motor, etc.) noises become audible.
Electric motors do not require oxygen, unlike internal combustion engines; this
is useful for submarines and for space rovers.
Energy resilience
Electricity can be produced from a variety of sources; therefore, it gives the
greatest degree of energy resilience.
Energy efficiency
EV 'tank-to-wheels' efficiency is about a factor of three higher than internal
combustion engine vehicles. Energy is not consumed while the vehicle is
stationary, unlike internal combustion engines which consume fuel while idling.
However, looking at the well-to-wheel efficiency of EVs, their total emissions,
while still lower, are closer to an efficient gasoline or diesel in most countries
where electricity generation relies on fossil fuels.
The lifecycle analysis of EVs shows that even when powered by the most
carbon-intensive electricity in Europe, they emit less greenhouse gases than a
conventional diesel vehicle.
Total cost
As of 2021 the purchase price of a EV is often more, but the total cost of
ownership of an EV varies wildly depending on location and distance travelled
per year: in parts of the world where fossil fuels are subsidized, lifecycle costs
of diesel or gas-powered vehicle are sometimes less than a comparable EV.
Range
Electric vehicles may have shorter range compared to vehicles with internal
combustion engines, which is why large electric ships generally cannot cross
oceans as of 2021.
Heating of EVs
In cold climates, considerable energy is needed to heat the interior of a vehicle
and to defrost the windows. With internal combustion engines, this heat already
exists as waste combustion heat diverted from the engine cooling circuit. This
process offsets the greenhouse gases' external costs. If this is done with battery
EVs, the interior heating requires extra energy from the vehicles' batteries.
Although some heat could be harvested from the motor or motors and battery,
their greater efficiency means there is not as much waste heat available as from
a combustion engine.
However, for vehicles which are connected to the grid, battery EVs can be
preheated, or cooled, with little or no need for battery energy, especially for
short trips.
Newer designs are focused on using super-insulated cabins which can heat the
vehicle using the body heat of the passengers. This is not enough, however, in
colder climates as a driver delivers only about 100 W of heating power. A heat
pump system, capable of cooling the cabin during summer and heating it during
winter, is a more efficient way of heating and cooling EVs.
ELECTRIC PUBLIC TRANSIT EFFICIENCY
Shifts from private to public transport (train, trolleybus, personal rapid transit or
tram) have the potential for large gains in efficiency in terms of an individual's
distance travelled per kWh. Research shows people prefer trams to buses,
because they are quieter and more comfortable and perceived as having higher
status. Therefore, it may be possible to cut liquid fossil fuel consumption in
cities through the use of electric trams. Trams may be the most energy-efficient
form of public.
Rimac Concept One, electric supercar, since 2013. 0 to 100 km/h in 2.8
seconds, with a total output of 800 kW (1,073 hp) transportation, with rubber-
wheeled vehicles using two-thirds more energy than the equivalent tram, and
run on electricity rather than fossil fuels.
In terms of net present value, they are also the cheapest – Blackpool trams are
still running after 100 years, but combustion buses only last about 15 years.
POLLUTER PAYS PRINCIPLE
The IEA says that gasoline and diesel should be taxed according to the damage
they do to health and the environment. Government procurement is sometimes
used to encourage national EV manufacturers. Many countries will ban sales of
fossil fuel vehicles between 2025 and 2040.
Many governments offer incentives to promote the use of electric vehicles, with
the goals of reducing air pollution and oil consumption. Some incentives intend
to increase purchases of electric vehicles by offsetting the purchase price with a
grant. Other incentives include lower tax rates or exemption from certain taxes,
and investment in charging infrastructure.
Companies selling EVs have partnered with local electric utilities in order to
provide large incentives on some electric vehicles.
FUTURE
Environmental considerations
Despite one of the goals of electric vehicle adoption being to limit the carbon
footprint and pollution caused by internal combustion engine vehicles, a rising
concern amongst environmentalists is the manufacturing process of electric
vehicle batteries. In current practice, these vehicle batteries rely heavily on the
mining industry of rare earth metals such as cobalt, nickel, and copper.
According to 2018 study the supplies of mined metals would need to increase
87,000% by 2060 globally for transition to battery- powered EVs. Rare-earth
metals (neodymium, dysprosium) and other mined metals (copper, nickel, iron)
are used by EV motors, while lithium, cobalt, manganese are used by the
batteries.
Improved batteries
Another improvement is to decouple the electric motor from the battery through
electronic control, using supercapacitors to buffer large but short power
demands and regenerative braking energy. The development of new cell types
combined with intelligent cell management improved both weak points
mentioned above. The cell management involves not only monitoring the health
of the cells but also a redundant cell configuration (one more cell than needed).
With sophisticated switched wiring, it is possible to condition one cell while the
rest are on duty.
Electric trucks
Electric trucks have serviced niche applications like milk floats, pushback tugs
and forklifts for over a hundred years, typically using lead-acid batteries, but the
rapid development of lighter and more energy-dense battery chemistries in the
twenty-first century has broadened the range of applicability of electric
propulsion to trucks in many more roles.
Hydrogen trains
Since EVs can be plugged into the electric grid when not in use, there is a
potential for battery- powered vehicles to cut the demand for electricity by
feeding electricity into the grid from their batteries during peak use periods
(such as mid-afternoon air conditioning use) while doing most of their charging
at night, when there is unused generating capacity. This vehicle-to-grid (V2G)
connection has the potential to reduce the need for new power plants, as long as
vehicle owners do not mind reducing the life of their batteries, by being drained
by the power company during peak demand. Electric vehicle parking lots can
provide demand response.
Some concepts see battery exchanges and battery charging stations, much like
gas/petrol stations today. These will require enormous storage and charging
potentials, which could be manipulated to vary the rate of charging, and to
output power during shortage periods, much as diesel generators are used for
short periods to stabilize some national grids.
DATA ANALYSIS
8. Which of the following would you prefer the most if an electrical model
is available?
9. What percentage more would you pay for a new electric car with same
performance of a gasoline car?
12. Do you think electric cars surpass gasoline cars in near future?
13.If you own an electric car, how fast the battery should get fully charged?
14.Which one would you select if you get the following options?
15.Do you think Electric Cars are economical?
FINDINGS
2. Factors like limited range, kong recharging time and price of electric
vehicles discourages in buying electric vehicles.
3. Majority of people will want to take advice of professional when they buy a
electric vehicle. Majority of people feel that electric vehicle can be save a lot
of money to the owner than the conventional vehicle as it is cheaper in
operation and maintenance.
4. At some locations there are no charging stations are available so people are
not able to find the charging stations easily. Majority number of people will
want to buy electric vehicle during next 5-10 years so there may be high
demand for EVs in future.
5. Also many people feel that Electric vehicles can replace regular cars in terms
of satisfying consumer needs.
6. Majority of people feels that the electric vehicles are so expensive; it may be
affect to consumer when buying an electric vehicles.
CONLUSION
1. The responses for the questionnaire proved for the conclusion of research
as the results were matching with what was predicted in that Consumers
perception toward electric vehicles has a significant impact on their
purchase intention.
2. Limited driving range, high costs, battery issues, and a spotty charging
infrastructure are the main challenges for electric vehicles and cause of
this not getting enough attraction
3. Some customers are not aware about electric vehicles and its advantages
to the owner as well as the Environment this will be the affect to the slow
growth of EVs.
6. Research into other energy sources such as renewable fuels make the
future look good for Electric vehicles.
2. India's home EV enterprise hgs a ways in the back of that of China and
plenty of evolved nations, prompting the wart for the BJP to take a extra
energetic function in helping the quarter.
3. In order to make certain that Indin doesn't fall in addition in the back of
inside the EV enterprise, PM Modi's authorities should don't forget and
put in force those 4 recommendations, beforehand of India's first
worldwide mobility summit, wherein electrification of the delivery
quarter might be a primary focus
8. There goes to be a mental effect of this lockdown and it's far essential to
awareness on advertising and marketing efforts that assist relieve stress.
10. FinallyI have to say that the primary thing which electric vehicle
companies must do is advertise and make awareness of the e-vehicles as
much as possible.
BIBLIOGRAPHY
WEBSITES:
www.wikipedia.com
www.businessworld.in
www.slideshare.net
www.bibliomed.org
www.energy.gov
www.tesla.com
ANNEXURE
QUESTIONNAIRE:
A study report on consumer perception of electric vehicles
o No
o No
o Yes, Sometimes
o No
4. What are the benefits of owing an electric car?
o Economical
o Environment friendly
o High performance
o Less maintenance
o Don't know
o No
o Don’t Know
o Electric car
o Bike
o Scooter
o Rickshaws
o Bus
9. What percentage more would you pay for a new electric car with
same performance of a gasoline car?
o 10%
o 20%
o 30%
o 40%
o Doesn't matter
10. Would you like to upgrade your car to all electric one?
o Yes
o No
o No
o Maybe
o Yes, in 35 years
o Yes, in 50 years
o Not at all
13. If you own an electric car, how fast the battery should get
fully charged?
o Less than 1 hour
14. Which one would you prefer if you get the following
options?
o Reduce the initial cost of the vehicle
o No
o Don't know