Manufacturing Today – July 2019

JULY 2019 | Manufacturing Today http://www.manufacturingtodayindia.com

FOCUS

AUTO COMPONENTS

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6

cause of battery costs, the long charging time, range

anxiety and lack of charging infrastructure. The price

conscious market that India is, the country will take to

electric mobility only if it finds it to be as cost effective

and convenient as the current system for ICE vehicles.

“One way this can be achieved is separating the

battery from the electric vehicle, thus reducing the

vehicle cost significantly and using a smaller swap-

pable battery,” says Sinha. “It is a solution that offers

batteries with infrastructure as a service, on a pay-

as-you-go model, similar to the refuelling ecosystem

for ICE vehicles.”

The entry of EVs is not something that will come

in without making certain inevitable impacts. When

it comes to segments, engine parts and drive trans-

mission are segments which would be impacted

adversely, as the emphasis would move from en-

gine management to batteries and drive motors. On

the other hand, companies which make lighter auto

parts would also reap benefits as EVs are supposed

to be light-weight in order to get the preferred pow-

er output.

6 & 7. Will EVs

mean a reduction

in profits for

component

manufacturers?

THE PRICE-

CONSCIOUS INDIAN

CONSUMERS WILL

HAVE TO FOCUS ON

TWO FACTORS: THE

COST OF OWNERSHIP

(^7) AND VEHICLE QUALITY.
“Much work needs to be
done and considering
that we are perhaps the
only country in the world
to move to BS VI from
BS IV, auto component
makers are not having
it easy.”

• Sandeep Sinha