Study of IP trends in EV Sector in India
The electric vehicle (EV) sector is gaining momentum in India as the country pushes towards a cleaner and more sustainable future. A recent study by the India Energy Storage Alliance (IESA) revealed that the total EV sales in 2018 hit 365,920 units and are expected to grow at a CAGR (Compound Annual Growth Rate) of 36% till 2026. The EV battery market in India is estimated to be US$ 520 Million in 2018 and is forecasted to grow at a CAGR of 30% by 2026.[1] The study also notes that the government’s push towards electrification, coupled with favourable policies and incentives, is expected to boost the adoption of EVs in the country.
Reasons for Shift Towards EV Sector
- Rising pollution levels– In COP21, India committed to reducing the emission intensity of its GDP by 33-35% by 2030. At present, 97% of Indian vehicles are propelled by petrol and diesel which have an adverse impact on the environment. [2] Therefore, India needs to shift towards greener mobility technologies in transport like EVs that could help in mitigating the adverse environmental impacts caused by conventional vehicles.
- Rising Crude Oil Imports- India’s crude oil imports have risen exponentially making India 3rd largest consumer of crude oil. India needs to swiftly move away from conventional vehicle technology to avoid higher import dependency which is possible only by giving a push to the EV sector.[3]
- Rising Population– A sustainable mobility challenge India’s current population of 1.2 billion is expected to reach 1.5 billion by 2030. 40% of the population is expected to live in urban areas, it is likely to put pressure on the struggling urban infrastructure in the country, including a rise in demand for sustainable mobility solutions
IP and EV Sector
Several Indian companies have also filed patents related to electric vehicles in recent years. For example, Tata Motors, India’s largest automaker, has filed patents related to EV battery management systems and electric motor technology. Mahindra & Mahindra, another major Indian automaker, has filed patents related to EV battery cooling systems and regenerative braking technology. Electric Vehicles are the future of the global automobile sector. There will be innumerable patents filed in the innovative field related to EVs such as batteries, motors, controllers, chargers, and testing equipment for EVs. As the popularity of electric vehicles grows, manufacturers will continue to improve their battery technology and vehicle infrastructure. In-vehicle changes such as engine control systems and new filtering technologies will also create patenting opportunities. Traditional automotive businesses are reacting by increasing their investment in R&D to stay on top of electrification.
Patents related to battery technology – The focus on, and growth of EVs have led to greater innovation in battery technology. There is an immediate imperative for the government to push for carbon reduction especially, vehicular emissions. Many patents have been filed related to energy storage that is focused on improving battery technology.
Patent for EV charging station – The adoption of EVs has led to increased patents for charging infrastructure including wireless EV charging. That said, even the charging stations will need backups because we still grapple with power cuts in India.
Design rights and copyright – Electric vehicles have evolved to accommodate batteries and to become lighter and more aerodynamic. Protecting the changing shape and design of vehicles will become increasingly important to safeguard that investment. For instance, Tesla introduced a fire suppressant in its recent model to avoid heating of the battery, which is a common issue in summer and leads to battery explosions. These kinds of innovations and designs would need proper IP protection.
Patent data for the EV sector confirms that electric vehicles as a sector has tremendous scope to contribute to the future of mobility. To promote patent filings in the EV sector the Modified Special Incentive Package Scheme (M-SIPS)[4], the scheme has been extended to cover the EV sector, providing financial incentives for companies to invest in research and development in the field and to file patents for innovations.
Patent Filing Trends for EV Sector
According to the recent patent filing trend for the EV technology, USA and China were the world leaders with total filing of 3,84,840 and 1,78,300 respectively between the year 2016-2022. The United States of America and China are the top regions in the world conducting most research in the field of EVs. The applicants also use alternative paths or routes for filing their patent applications like the European patent office and Patent cooperation treaty to seek protection in several countries by single and first filing.
The Patent(Amendment) Rules 2021
Artificial Intelligence: IPR In India
Patents In India: Why You Should Apply?
Consequences of not Patenting your Innovation
Study of IP trends in EV Sector in India
The electric vehicle (EV) sector is gaining momentum in India as the country pushes towards a cleaner and more sustainable future. A recent study by the India Energy Storage Alliance (IESA) revealed that the total EV sales in 2018 hit 365,920 units and are expected to grow at a CAGR (Compound Annual Growth Rate) of 36% till 2026. The EV battery market in India is estimated to be US$ 520 Million in 2018 and is forecasted to grow at a CAGR of 30% by 2026.[1] The study also notes that the government’s push towards electrification, coupled with favourable policies and incentives, is expected to boost the adoption of EVs in the country.
Reasons for Shift Towards EV Sector
- Rising pollution levels– In COP21, India committed to reducing the emission intensity of its GDP by 33-35% by 2030. At present, 97% of Indian vehicles are propelled by petrol and diesel which have an adverse impact on the environment. [2] Therefore, India needs to shift towards greener mobility technologies in transport like EVs that could help in mitigating the adverse environmental impacts caused by conventional vehicles.
- Rising Crude Oil Imports- India’s crude oil imports have risen exponentially making India 3rd largest consumer of crude oil. India needs to swiftly move away from conventional vehicle technology to avoid higher import dependency which is possible only by giving a push to the EV sector.[3]
- Rising Population– A sustainable mobility challenge India’s current population of 1.2 billion is expected to reach 1.5 billion by 2030. 40% of the population is expected to live in urban areas, it is likely to put pressure on the struggling urban infrastructure in the country, including a rise in demand for sustainable mobility solutions
IP and EV Sector
Several Indian companies have also filed patents related to electric vehicles in recent years. For example, Tata Motors, India’s largest automaker, has filed patents related to EV battery management systems and electric motor technology. Mahindra & Mahindra, another major Indian automaker, has filed patents related to EV battery cooling systems and regenerative braking technology. Electric Vehicles are the future of the global automobile sector. There will be innumerable patents filed in the innovative field related to EVs such as batteries, motors, controllers, chargers, and testing equipment for EVs. As the popularity of electric vehicles grows, manufacturers will continue to improve their battery technology and vehicle infrastructure. In-vehicle changes such as engine control systems and new filtering technologies will also create patenting opportunities. Traditional automotive businesses are reacting by increasing their investment in R&D to stay on top of electrification.
Patents related to battery technology – The focus on, and growth of EVs have led to greater innovation in battery technology. There is an immediate imperative for the government to push for carbon reduction especially, vehicular emissions. Many patents have been filed related to energy storage that is focused on improving battery technology.
Patent for EV charging station – The adoption of EVs has led to increased patents for charging infrastructure including wireless EV charging. That said, even the charging stations will need backups because we still grapple with power cuts in India.
Design rights and copyright – Electric vehicles have evolved to accommodate batteries and to become lighter and more aerodynamic. Protecting the changing shape and design of vehicles will become increasingly important to safeguard that investment. For instance, Tesla introduced a fire suppressant in its recent model to avoid heating of the battery, which is a common issue in summer and leads to battery explosions. These kinds of innovations and designs would need proper IP protection.
Patent data for the EV sector confirms that electric vehicles as a sector has tremendous scope to contribute to the future of mobility. To promote patent filings in the EV sector the Modified Special Incentive Package Scheme (M-SIPS)[4], the scheme has been extended to cover the EV sector, providing financial incentives for companies to invest in research and development in the field and to file patents for innovations.
Patent Filing Trends for EV Sector
According to the recent patent filing trend for the EV technology, USA and China were the world leaders with total filing of 3,84,840 and 1,78,300 respectively between the year 2016-2022. The United States of America and China are the top regions in the world conducting most research in the field of EVs. The applicants also use alternative paths or routes for filing their patent applications like the European patent office and Patent cooperation treaty to seek protection in several countries by single and first filing.
The Patent(Amendment) Rules 2021
Artificial Intelligence: IPR In India
Patents In India: Why You Should Apply?
Consequences of not Patenting your Innovation
Study of IP trends in EV Sector in India
The electric vehicle (EV) sector is gaining momentum in India as the country pushes towards a cleaner and more sustainable future. A recent study by the India Energy Storage Alliance (IESA) revealed that the total EV sales in 2018 hit 365,920 units and are expected to grow at a CAGR (Compound Annual Growth Rate) of 36% till 2026. The EV battery market in India is estimated to be US$ 520 Million in 2018 and is forecasted to grow at a CAGR of 30% by 2026.[1] The study also notes that the government’s push towards electrification, coupled with favourable policies and incentives, is expected to boost the adoption of EVs in the country.
Reasons for Shift Towards EV Sector
- Rising pollution levels– In COP21, India committed to reducing the emission intensity of its GDP by 33-35% by 2030. At present, 97% of Indian vehicles are propelled by petrol and diesel which have an adverse impact on the environment. [2] Therefore, India needs to shift towards greener mobility technologies in transport like EVs that could help in mitigating the adverse environmental impacts caused by conventional vehicles.
- Rising Crude Oil Imports- India’s crude oil imports have risen exponentially making India 3rd largest consumer of crude oil. India needs to swiftly move away from conventional vehicle technology to avoid higher import dependency which is possible only by giving a push to the EV sector.[3]
- Rising Population– A sustainable mobility challenge India’s current population of 1.2 billion is expected to reach 1.5 billion by 2030. 40% of the population is expected to live in urban areas, it is likely to put pressure on the struggling urban infrastructure in the country, including a rise in demand for sustainable mobility solutions
IP and EV Sector
Several Indian companies have also filed patents related to electric vehicles in recent years. For example, Tata Motors, India’s largest automaker, has filed patents related to EV battery management systems and electric motor technology. Mahindra & Mahindra, another major Indian automaker, has filed patents related to EV battery cooling systems and regenerative braking technology. Electric Vehicles are the future of the global automobile sector. There will be innumerable patents filed in the innovative field related to EVs such as batteries, motors, controllers, chargers, and testing equipment for EVs. As the popularity of electric vehicles grows, manufacturers will continue to improve their battery technology and vehicle infrastructure. In-vehicle changes such as engine control systems and new filtering technologies will also create patenting opportunities. Traditional automotive businesses are reacting by increasing their investment in R&D to stay on top of electrification.
Patents related to battery technology – The focus on, and growth of EVs have led to greater innovation in battery technology. There is an immediate imperative for the government to push for carbon reduction especially, vehicular emissions. Many patents have been filed related to energy storage that is focused on improving battery technology.
Patent for EV charging station – The adoption of EVs has led to increased patents for charging infrastructure including wireless EV charging. That said, even the charging stations will need backups because we still grapple with power cuts in India.
Design rights and copyright – Electric vehicles have evolved to accommodate batteries and to become lighter and more aerodynamic. Protecting the changing shape and design of vehicles will become increasingly important to safeguard that investment. For instance, Tesla introduced a fire suppressant in its recent model to avoid heating of the battery, which is a common issue in summer and leads to battery explosions. These kinds of innovations and designs would need proper IP protection.
Patent data for the EV sector confirms that electric vehicles as a sector has tremendous scope to contribute to the future of mobility. To promote patent filings in the EV sector the Modified Special Incentive Package Scheme (M-SIPS)[4], the scheme has been extended to cover the EV sector, providing financial incentives for companies to invest in research and development in the field and to file patents for innovations.
Patent Filing Trends for EV Sector
According to the recent patent filing trend for the EV technology, USA and China were the world leaders with total filing of 3,84,840 and 1,78,300 respectively between the year 2016-2022. The United States of America and China are the top regions in the world conducting most research in the field of EVs. The applicants also use alternative paths or routes for filing their patent applications like the European patent office and Patent cooperation treaty to seek protection in several countries by single and first filing.
The Patent(Amendment) Rules 2021
Artificial Intelligence: IPR In India
Patents In India: Why You Should Apply?
Consequences of not Patenting your Innovation
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