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The main driving force behind recent innovations in automotive sector is the need to decrease the dependability on fossil fuels and move towards alternative sources for energy. While there is still substantial scope for improvement in conventional diesel and petrol engine based powertrains, the inherent dependency on limited and rapidly depleting carbon based fuels make their long term usage impractical highlighting the need for alternative non-conventional powertrain setups. In the recent past, electric powertrains have come out as favorable alternative as they are extremely flexible in adopting to scenarios where energy for use might be drawn from multiple sources such as solar power, hydroelectric, nuclear reaction, etc. The advantages can further be magnified by adopting the electric power based powertrains in mass transportation application such as bus application.