New Technologies Redefining the Building Mechanism for Sustainable Autonomous and Electric Vehicles

CIOReviewIndia Team | Tuesday, 24 September 2019, 13:54 IST

CIOReviewIndia TeamAutomotive technology domain is evolving rapidly offering safety, convenience and comfort for passengers and drivers in the vehicles. The global Automotive Technology market is expected to become USD 52 billion by 2025, according to a research report by Market Study Report. The market growth is attributed to the growing demand for technologically advanced services such as In-Vehicle Infotainment Systems, Cyber Security Solutions and Predictive Analytics etc. Technology trends in the automotive sector such AI and detachable lithium-ion batteries are driving the adoption of autonomous and electric vehicles.    

Sustainable Autonomous Vehicles with AI Capabilities

Self-driving vehicles that were once believed to be a fantasy are slowly becoming a reality owing to latest advancements in the field of technology. Many companies around the world such as Tesla, Alphabet and Audi etc. are working on the development of autonomous vehicle by leveraging the cognitive capabilities of Artificial Intelligence. “Almost all cars produced will be autonomous in the next 10 years. It will be rare to find one that is not in 10 years. That’s going to be a huge transformation,” says Elon Musk on the future of autonomous cars.  Probably it’s just a matter of time and investment before the self-driving vehicles that can navigate safely without human assistance appear on the roads sidelining the conventional vehicles. AI’s cognitive capabilities to assess and interpret the surroundings to avoid collisions and navigate using the GPS have possible it possible for the design of sustainable autonomous vehicles.              

Technology to Create an Ecosystem for EVs in India

Electric vehicles (EVs) are considered to be a solution to address the urban air pollution and non-renewable energy issues around the world. According to a report by the International Energy Agency, the number electric vehicles will grow to 125 million by 2030. The Government of India is also very keen to give a push for the adoption of electric vehicles in the country.  "We are venturing into EV space. You will definitely see something coming up by 2022, but before I say that we want to enter into the EV segment, the most important thing is the ecosystem," Venkatram Mamillapalle, Managing Director, Renault India, referring to lack of ecosystem for EVs in India. Technology innovations in the form of detachable lithium-ion batteries that can be easily replaced, are expected to present a permanent solution for the charging infrastructure problems of electric vehicles in India.

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