Automobile design sector will exhibit spectacular growth
Across the world umpteen opportunities will emerge in automobile design and technology courses. Recently, the UK decided to switchover from petrol or diesel fuelled cars to electric, solar or hybrid cars by 2040. Britain will associate with European countries to augment the production of electric or hybrid vehicles. Post Brexit period will witness quantum jump in automobile industry. Germany and The Netherlands are trying to achieve this target by 2030. This transformation will affect fossil fuel industry which is the backbone of Gulf countries. Global energy mix is shifting towards cleaner, lower carbon fuels, driven by environmental needs and technological advances Looking at the picture overall, energy consumption grew slowly again in 2016, the third consecutive year in which demand has grown by 1% or less – much weaker rate of growth during the last decade.
Automobile sector will witness spectacular opportunities in design and manufacturing during this period. Developed countries are planning to ban diesel and petrol cars to mitigate the impact of air pollution and climatic change. Sweden-based auto leader Volvo decided to launch electric cars by 2019. Countries like India will be compelled to follow these technologies to promote electric or hybrid vehicles since their economy is manly depended on sale of fossil fuels. This technology shift will affect the gulf countries where their major income is from fossil fuels. This in turn will affect employment opportunities in this region particularly non resident Indians. It may lead to lot of retrenchment and scale down of employees.
Currently, some of the Arab countries are reeling under economic recession. At a time when Govt of India is emphasising the importance of clean air, clean India and clean energy this transformation assumes more significance. Britain is planning to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health. “Poor air quality is the biggest environmental risk to public health in the UK and this government is determined to take strong action in the shortest time possible,” a government spokesman said.
Weak growth in energy demand, combined with a continuing shift towards lower carbon fuels, meant global carbon emissions from energy consumption were estimated to have been essentially flat in 2016 for a third consecutive year. Growth in global primary energy consumption remained low in 2016; and the fuel mix shifted towards lower carbon fuels.