Preview

E20 Automative Analysis

Good Essays
Open Document
Open Document
702 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
E20 Automative Analysis
Market Analysis for Electric Vehicles in India:-
India National Electric Mobility Mission Plan 2020 expects 5-7 million electric vehicles (EVs) running on the roads by 2020. The demand for electric vehicles in India is driven by high oil price forecasts, and an unsaturated growing demand for personal passenger cars.
The transport sector accounts for one-third of the total crude oil consumption and the road transportation accounts for more than 80% of this consumption. India’s consumption of crude oil continues to outstrip demand. The National Electric Mobility Mission Plan (NEMMP) expects that 92% of all consumed crude oil will be imported by 2020. Electric transport is seen as an attractive option to reduce crude demand. Electric vehicle can help drastically reduce overall oil deficit and/or re-direct crude to stimulate energy-intensive export sectors like mining, manufacturing, and agriculture.
Market Analysis for Electric Vehicles in India:-
India National Electric Mobility Mission Plan 2020 expects 5-7 million electric vehicles (EVs) running on the roads by 2020. The demand for electric vehicles in India is driven by high oil price forecasts, and an unsaturated growing demand for personal passenger cars.

One-third of the total crude oil consumed is used by the transport sector and the road transportation accounts for more than 80% of this consumption. India’s consumption of crude oil continues to outstrip demand as shown in the following graphs. The National Electric Mobility Mission Plan (NEMMP) expects that 92% of all consumed crude oil will be imported by 2020. Electric transport is seen as an attractive option to reduce crude demand. Electric vehicles can help considerably reduce overall oil deficit and/or re-direct oil to stimulate energy-intensive export sectors like mining, manufacturing, and agriculture.

The rising cost of petroleum products will initiate a shift towards fuel efficient vehicles. Global crude price forecasts in
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    A Critique of “Why the Gasoline Engine Isn’t Going Away Any Time Soon” by Joseph B. White
    • 604 Words
    • 3 Pages

    A Critique of “Why the Gasoline Engine Isn’t Going Away Any Time Soon” by Joseph B. White

    This article focuses on how the gasoline engine is unlikely to be replaced by ethanol, hydrogen or electric powered engines anytime soon, contrary to what the media has everyone believing (333). For example, car companies are redesigning the electric car model to be more aerodynamic so the cars can fit smaller batteries in them but are still able to last a whole day’s driving. Refueling electric cars would simply involve plugging it into any electric outlet (334). White indicates pros and cons of alternative powered vehicles to inform the reader that the cons outweigh the pros even though they are possible ideas.…

    • 604 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Pros Of America's Oil Consumption
    • 113 Words
    • 1 Page

    The Pros Of America's Oil Consumption

    Thanks to modern technology and scientific progress, which is easy to take advantage of unconventional oil, America now has become a major exporter of petroleum products in the world they are issued naphtha, diesel and gasoline for Latin America, Europe and Asia. The outcome of currently imported oil dropped dramatically exceeded all expectations.…

    • 113 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Hum/111 to Drill or Not to Drill?
    • 476 Words
    • 2 Pages

    Hum/111 to Drill or Not to Drill?

    It is obvious that the demand for energy and fuel sources is increasing drastically as time goes by. The United States also anticipates an oil demand increase as the population grows over the next few decades (Haug, 2011). Therefore, the big dilemma is whether or not the search for oil on our land should continue. The recent development and expansion of clean energy resources, although expensive, can end the battle over oil deposits and lead the country into a cleaner future.…

    • 476 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Tesla's Gigafactory And Its Impact On The Environment
    • 895 Words
    • 4 Pages

    Tesla's Gigafactory And Its Impact On The Environment

    Oil has been the dominant source of energy since the industrial age. Civilization is just beginning to find out is that the world only has so much oil and eventually we will run out. It's common sense, a linear system can not work on a planet with finite resources. Since than several groups of forward thinking engineers and scientists have been working towards new ways to generate power without the use of oil. There have been several inventions that have been found to be great forms of renewable energy, which will minimize the use of oil. But what if we cut out the main use of oil consumption? The gasoline powered vehicle.…

    • 895 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Alternative Fuels for Cars
    • 1464 Words
    • 6 Pages

    Alternative Fuels for Cars

    Moreover, as we approach peak oil [2], the availability of conventional automobile fuels will reduce drastically causing an exponential rise in fuel prices [2], a fact that is becoming very clear to car owners all over the world.…

    • 1464 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    America’s Foreign Oil Dependency
    • 3254 Words
    • 14 Pages

    America’s Foreign Oil Dependency

    The topic of this paper is America’s foreign oil dependency. The purpose of this paper is to suggest how might America completely destroy or at least greatly mitigate its dependency on crude oil to fuel Americans’ cars, especially foreign crude oil. Library literature, newspaper articles, encyclopedias, and the Internet were all sources used to compile this paper. The conclusion reached in this research topic is that America’s great foreign oil dependency is a crisis and other energy sources to fuel our cars need to be adopted and implemented before the people of America experience a catastrophe of indescribable measure.…

    • 3254 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Better Essays

    Addicted to Oil
    • 1208 Words
    • 5 Pages

    Addicted to Oil

    The United States’ increasing dependence on oil is a growing problem. Oil demand is increasing at an outstanding rate, not only in the U.S. but also around the world. Consider this, in 2008, “the world produced about 85 million barrels of oil a day, but global demand topped 86 million barrels a day” (Pickens). Just 4 years later the oil consumption rate has increased to 90 million barrels a day (IEA). A major portion of this increase can be attributed to high oil consumption rates in China and India, which now are importing more oil. The graph below from the Energy Information Administration (EIA) illustrates how significantly China’s dependence on world oil has increased over the past 15 years. It isn’t just competition for oil with other countries that is contributing to the problem though. Our usage of oil has to be looked at; especially our vehicles which consume an ever increasing amount of oil. According to the EIA, gas mileage of all types of U.S. made vehicles has leveled off since 1985. While foreign car companies have continued to make more fuel efficient vehicles, U.S. automakers have failed to keep up with innovations to make their vehicles increasingly more energy efficient. Based on the fact that each year more people are driving and people are commuting longer distances, oil consumption will continue to go up.…

    • 1208 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Pros And Cons Of Gasoline Cars
    • 948 Words
    • 4 Pages

    Pros And Cons Of Gasoline Cars

    This world has prospered with gasoline cars since the late eighteen hundreds and nineteen hundreds. In fact, the world we live in today cannot stand without the benefits of gasoline-powered vehicular travel. Since the modernization of travel, the public can drive cars anywhere, including other countries, cities, streets, houses, or even backyards. The mass want of private automobiles has led to more drivers, then a huge amount of pollution, and then that familiar phrase: Global Warming. This is why we need a new alternative to the combustion engine, and there are very many ways to achieve this including plug-in cars and pure…

    • 948 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Fossil Fuel Dependency and Americans
    • 1995 Words
    • 8 Pages

    Fossil Fuel Dependency and Americans

    Currently, 95% of the U.S. transportation demand comes from petroleum; whereas only 3% comes from renewable supply sources (Envirolink 2011). The solution to this problem is for the United States to reduce its dependence on petroleum by becoming more dependent on renewable energy sources.…

    • 1995 Words
    • 8 Pages
    Better Essays
    Read More
  • Good Essays

    Electric Cars
    • 470 Words
    • 2 Pages

    Electric Cars

    The beginning of the electric car is nearly here and once it comes, the world will never go back. There is not a single solution to such a difficult problem but much can be done towards its decision. In order to answer this important question you must first have an idea of where the oil industry is heading. Throughout history there have been ups and downs in the price of crude oil, but now this price has risen to an extraordinary level and is remaining steady. This new price is exactly what the country needs in order to start invention. As electric and hybrid cars become increasingly affordable, the general public will begin to accept them as standard. Therefore, I believe that cars with other fuel sources, such as hydrogen, solar or as I have mentioned above electric, are the best solution to the oil crisis. As more and more electric and hybrid cars enter the market, the price of oil will be driven down due to a lack of demand. Once alternative fuel sources are established, there will be…

    • 470 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Fossil Fuels: Our Society's Dependency
    • 554 Words
    • 3 Pages

    Fossil Fuels: Our Society's Dependency

    and we began to work on a compound that was a synthetic rubber. We succeeded in…

    • 554 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Us Environmental Policy
    • 2598 Words
    • 11 Pages

    Us Environmental Policy

    The nineteenth and twentieth centuries brought many wonderful inventions that advanced the human race into a world of technology driven by energy. The need for consumable fuels such as oil, coal, and natural gas needed for energy are growing on such a rapid pace that international production facilities can barely keep up with global demand. In BP’s “Statistical Review of World Energy 2011”, global data showing that average daily crude oil consumption surpassed production by over five million barrels per day during the year 2010. The sheer size and scope of the oil industry, current consumption habits and dependency on oil are so immense that the thought of an alternative solution is almost laughable; especially since the United States and China are the top oil consumers in the world (CIA, 2011).…

    • 2598 Words
    • 11 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Nipa Palm
    • 443 Words
    • 2 Pages

    Nipa Palm

    The price hike for oil products has caused problems for consumers. The oil products for transportation purposes are not an exemption like the use of gasoline, diesel, and other products. The use of alternative energy resources is one of the solutions to this energy crisis.…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Advanced Battery Technology
    • 280 Words
    • 2 Pages

    Advanced Battery Technology

    There has been a huge increase in the need for energy worldwide for years, because of industrial developments and the population growth. As a result, there is a shortage of electricity and fuel causing the inflation of energy cost to go higher and higher. Police are directing traffic at gas stations, while angry frustrated people spend hours in line for gas. High inflation cost has forced people to use less fuel, causing the demand and cost to go down, along with funding for alternative fuel technology. In 2012 both presidential candidates assured the country that energy independence was just around the corner, and President Obama’s Energy Security Trust proposal is a sign of change in energy production and energy innovation. The need for petroleum outweighs the cost because transportation is almost entirely dependent upon petroleum. The solution is to find a way to substitute different fuels for petroleum transportation.…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    World in 2050
    • 638 Words
    • 3 Pages

    World in 2050

    Today, oil is the raw material for the fuel for aircraft, passenger cars, busses, trucks, ships etc. For the last 40 years the oil requirements of our transportation modes have steady increased. During the coming 40 years the amounts of fossil fuels used for transport must be decreased. The political will for this will be tested in Copenhagen later this year, but more important is that limited oil resources will limit the production of oil. Peak Oil will be the politicians’ best friend when it comes to reducing CO2 emissions. The IPCC emission scenarios are based on incorrect assumptions of fossil fuel resources and are, therefore, exaggerated.…

    • 638 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics