- Santhosh Thannikat
Future of (solar) auto industry
Updated: May 5, 2019
More and more auto companies are turning into electric vehicles along with some major tech companies.
Trend towards electric mobility
Another major race started in the industry and this time it is not just traditional automobile companies which are putting their R&D efforts for the development of electric vehicles and self driven cars.... there are also major tech companies like Google, Apple etc. It is a major challenge and countries like China has also entered into the market competing with their cost efficient technologies.
India is also not far behind and we have already initiated 'National Electric Mobility Mission Plan (NEMMP) 2020' with a major focus to shift to electric mobility with clear targets for 2020. Mahindra, Tata, Ashok Leyland, Hero... are the major players in the field and many other startup companies are also taking up the challenge.