Business
India a great use case for 2-wheeler EV market: Dassault Systemes
Nashville (US), Feb 22
As two-wheeler EV adoption sees a tremendous rise in India, Suchit Jain, Vice President of Strategy and Business Development at Dassault Systemes, believes that the country is a great "use case" for the EV market -- a sector which will see an explosion in the next five years.
The automotive, electric 2-wheelers (E2W) market grew by more than 300 per cent (year-on-year) in 2022.
By 2025, the share of E2Ws and connected 2-wheelers (C2W) will both cross 50 per cent, according to a report by Cybermedia Research (CMR).
"The typical notion when we think of an EV is a car, but in India, it is the two-wheeler," Jain told IANS.
During his last visit to India in November 2022, Jain learnt of the usage of two-wheelers for delivering things like food and grocery and how it must wriggle their way into congested areas.
"For this, it is all about the design, keeping in mind things like energy consumption, gravity balancing, safety and refrigeration. In future, you will see EVs which will do refrigeration, delivery of things like medical supplies by implementing the correct shape, ergo dynamics and stability," he elaborated.
The government aims to grow EV sales in India to capture the markets of 30 per cent of private cars, 70 per cent of commercial vehicles and 80 per cent of two and three-wheelers by 2030.
Jain said that battery development and battery management for EVs as well as safety consumption are areas that will play a crucial role in India.
"If done right, India can become the biggest supplier of EV batteries. The country is a huge economy and a lot of economists are looking into this aspect," said Jain, who holds a bachelor's degree in civil engineering from IIT-Bombay and a master's degree in structural mechanics from the University of Southern California.
He went on to talk about an interesting fact in the pipeline for Dassault Systemes -- helping companies develop lithium substitutes.
"Although it is not mainstream yet, we have helped companies to develop lithium substitutes. New material that has never existed.
"Dassault platform allows molecular level chemistry. We have invested a lot in pharmaceuticals, so we can do molecular level chemistry so the companies can create the new material as lithium has its own issues," the executive noted.
The next five years will see an explosion in terms of the EV market.
"It is an interesting time that we are living in with technology changing every few years. What happened in 50 years is compressed into five. We will see a lot more in the time to come," Jain said on the sidelines of the recently-concluded '3DExperience World 2023' here.
1 hour ago
Adani Group to invest over Rs 1,00,000 crore in West Bengal by 2035: Gautam Adani
1 hour ago
Five armed men loot cash, gold from Canara Bank in Jamshedpur
1 hour ago
CMRL-Exalogic case: Kerala BJP leader claims 'diary' names Satheesan, Chennithala, Vijayan; seeks CBI probe
3 hours ago
Akshay Kumar's son Aarav makes rare appearance with mother Twinkle Khanna, sister Nitara at airport, feels shy
3 hours ago
Brad Pitt heaps praise on ‘Heart of the Beast’ canine co-star Uber: He was really good
3 hours ago
Ranbir Kapoor’s first poster from Alia Bhatt, Vicky Kaushal-starrer & SLB directorial ‘Love & War’ unveiled
3 hours ago
Russo Brothers relive 'Avengers: Endgame' theatre experience: We got chills
3 hours ago
Ila Arun bumps into Hema Malini, Jeetendra at Ganesh aarti, recalls working with them in Rihaee & Jaal
3 hours ago
Amitabh Bachchan recalls simple wedding with Jaya, says ‘don't even know how she convinced her parents for the wedding’
3 hours ago
Zeeshan Ayyub dedicates ‘Real Kashmir Football Club’ International Emmy nomination to people of Kashmir
3 hours ago
Jackie Shroff remembers 1950s star Padmini Ramachandran on her 20th death anniversary
3 hours ago
Saiyami Kher completes Ironman hat-trick: Trading gels for pizza, electrolytes for tiramisu
3 hours ago
Shreya Ghoshal: ‘Bairi Piya’ became such an important part of my journey as a singer
