One of the fundamental requirement in today’s world is transport. Petrol and diesel engines fulfil the requirement but with the cost of pollution and other hazards. Now the traditional combustion engines are becoming outdated with the replacement of fully electric vehicles. Fully electric vehicles (EVs) have zero emission which is better for the environment. There are several advantages with the use of EV. The very first is the lower running cost. This is because charging of the electric vehicle is cheaper than the petrol/diesel prices. Also, the maintenance cost for such vehicles is less. The government is also providing tax and financial benefits by giving incentives.
An EV is defined as a vehicle that can be powered by an electric motor that draws electricity from a battery and is capable of being charged from an external source. An EV includes both a vehicle that can only be powered by an electric motor that draws electricity from a battery (all-electric vehicle) and a vehicle that can be powered by an electric motor that draws electricity from a battery and by an internal combustion engine (plug-in hybrid electric vehicle).
Electric vehicles have low running costs as they have fewer moving parts for maintenance and are very environmentally friendly as they use little or no fossil fuels (petrol or diesel). While some EVs used lead acid or nickel metal hydride batteries, the standard for modern battery electric vehicles is now considered to be lithium-ion batteries as they have a greater longevity and are excellent at retaining energy, with a self-discharge rate of just 5% per month. Despite this improved efficiency, there are still challenges with these batteries as they can experience thermal runaway, which have, for example, caused fires or explosions in the Tesla model S, although efforts have been made to improve the safety of these batteries.
The technology taxonomy focuses on classifying patents based on the technological aspects and innovations within and around EVs. The categorization of patents and patent applications around EVs was done based on technical/functional components and their application areas. It mainly types of batteries used in India and their manufacturers.
The set considered for the analysis comprises of 2033 live patents/patent applications out of 2303
Exide is very popular in the battery manufacturing market. It has collaborated with many developers to produce cost-effective and durable lithium-ion batteries for electric vehicles.
The company has collaborated with Toshiba and Denso for manufacturing electric vehicles and energy storage batteries.
The company has partnered with Indian Space Research Organization (ISRO) to develop lithium-ion battery producing plants throughout the nation.
The Hero MotoCorp has built a new facility in Tamil Nadu for the manufacturing of EVs and has done strategic investments in the lithium-ion batteries manufacturing.
The Amaron is the famous battery manufacturer in India. Like Tata Group, Amara Raja has collaborated with ISRO to produce lithium-ion batteries for EVs.
There has been gradual increase since 2010 in patent filling for the inventions related to EVs. In 2020, the highest number of grants were published.
IPLTECH ELECTRIC PVT LTD.
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