#ELECTRIC THREE-WHEELERS AND BUSES

[tradabulls]

Telangana Leads the Way: 100% Tax Exemption on Electric Vehicles to Promote Cleaner Air 

In a significant move towards promoting electric mobility and reducing air pollution, the Telangana State Government has announced a 100% exemption on road tax and registration fees for a wide range of electric vehicles (EVs). This landmark initiative, valid until December 31, 2026, applies to both Greater Hyderabad Municipal Corporation (GHMC) and non-GHMC areas, with no cap on the number of registrations. 

Key Highlights of the Initiative: 

1. Vehicles Covered: 

Electric two-wheelers 

Private and commercial electric four-wheelers, including taxis and tourist cabs 

Electric three-seater auto-rickshaws 

Electric light goods carriers, including three-wheeled goods vehicles 

Electric tractors and buses 

2. Special Provisions: 

Telangana State Road Transport Corporation (TGSRTC) buses can avail of lifetime benefits. 

Employee transportation buses owned by industries are eligible, provided they are not used commercially. 

3. Cost Savings: 

The exemption can save buyers up to ₹15,000 on electric two-wheelers and up to ₹3 lakh on electric four-wheelers, making EV ownership more affordable. 

Addressing Pollution Concerns 

The initiative stems from concerns about deteriorating air quality, as observed by the Central Pollution Control Board (CPCB). Telangana's government has paired this tax incentive with plans to establish EV charging stations across cities, towns, and highways to boost EV adoption. 

Growth Potential of EVs in Telangana 

With approximately 30,000 registered EVs in the state, this policy aims to accelerate adoption, projecting a growth rate of over 25% annually. This is expected to transform Telangana into a leading EV hub, contributing significantly to environmental sustainability under the slogan "Cleaner Air in a Greener State". 

Leading EV Choices and Manufacturers in India 

Some popular two-wheeler EVs in India include the Ola S1 Pro, TVS iQube, Revolt RV 400, and Tork Kratos R. Major EV producers like Tata Motors, Mahindra Electric Mobility, Ola Electric Mobility, and Olectra Greentech are driving innovation in this sector, ensuring a wide range of options for consumers. 

Telangana’s forward-thinking policy not only underscores its commitment to environmental health but also sets a benchmark for other states to follow.  

Follow for more updates at TradaBulls.com. 

[greenfrontiercapital]

Green Frontier Capital’s Vision as a Climate Tech-focused Venture Capital Fund: Investing in Tomorrow

In recent years, there has been a significant increase in global focus on sustainability, particularly in the financial sector. According to PwC’s State of Climate Tech Report 2023, climate tech’s share of private market equity and grant investment rose to 11.4% in Q3 2023, showing a continuous upward trend over the past decade. The Confederation of Indian Industry (CII) projects the global sustainable finance market to grow from USD 3.6 trillion in 2021 to USD 23 trillion by 2031.

The increase in climate tech investment in India is largely fueled by electric mobility. Funding in the ‘Energy’ and ‘Mobility and Transport sectors together make up over 94% of total climate-tech investments in India from 2019 to November 2023. Transport, a major contributor to global emissions at 16.2%, is a crucial area for intervention in the fight against climate change. As consumer interest in this sector grows, so does the interest from climate VC fund and angel investors. The global EV market, valued at $plate_number_1.65 billion in 2022, is projected to grow to $1,579.10 billion by 2030. With the Indian automobile industry ranked 5th globally and expected to become 3rd by 2030, the electric mobility sector in India offers promising green investment opportunities. Green Frontier Capital’s vision is focused on harnessing these opportunities.

India’s electric vehicle (EV) industry has experienced significant growth due to government regulations, technological advancements, and changing consumer preferences. The industry is expected to achieve a compound annual growth rate (CAGR) of 49% from 2022 to 2030. India has established ambitious targets for EV sales, aiming for 30% in private cars, 70% in commercial vehicles, 40% in buses, and 80% in two- and three-wheelers by 2030, which would result in 80 million EVs on Indian roads by 2030. Green Frontier Capital has identified numerous investment opportunities in this growing sector for its investors.

Investment Opportunities in India’s EV Market

Electric Vehicle Manufacturers: Companies that manufacture electric vehicles are benefiting from the increasing demand for clean transportation solutions. Both established players and new entrants are expanding their EV portfolios. Green Frontier Capital has invested in Euler Motors, a commercial EV OEM that has a fleet of over 250 three-wheelers serving customers like Big Basket and Ecom Express. Additionally, Green Frontier Capital has made another investment in Motored, a company that manufactures electric cycles.

Ride-Hailing Services: Electrifying fleets can significantly reduce environmental impact. Green Frontier Capital has invested in BluSmart, which is India’s largest zero-emission ride-hailing service. BluSmart recently launched its EV fleet in Bengaluru.

Battery technologies and services are crucial for the adoption of electric vehicles (EVs). Green Frontier Capital has invested in Battery Smart, which is India’s largest battery-swapping network. India needs over 400,000 charging stations annually, with a projected 1.32 million by 2030. Recognizing this potential, Green Frontier Capital has also included ElectricPe, India’s leading EV charging platform, in its portfolio.

In addition, collaborations between banks, non-banking financial companies (NBFCs), and fintech start-ups are providing financing options to reduce EV purchase costs, especially for low-income individuals. Green Frontier Capital has invested in Revfin, a financing company that offers loans for EVs to individuals from low-income backgrounds.

Addressing Challenges and Mitigating Risks

India’s EV industry has great potential, but investors must know the challenges and risks. The rollout of charging infrastructure faces high capital costs, land acquisition issues, and regulatory hurdles. The regulatory landscape is constantly evolving and impacts market dynamics. Rapid technological advancements and intense competition pose risks to investors. Companies must innovate and adapt to remain competitive. Green Frontier Capital conducts thorough due diligence to identify companies with clear strategies to overcome these challenges and tap into the long-term growth potential of the EV market.

Climate Tech Investments: Combining Profit and Purpose

Investing in India’s EV industry offers financial returns and drives positive environmental and social impact. Electric vehicles produce zero tailpipe emissions, helping mitigate air pollution and reduce greenhouse gas emissions. Climate VC funds’ investments in EVs contribute to combating air pollution and fostering a future where economic growth and environmental conservation go hand-in-hand.

Tags: venture capital funds | climate investors India | vc climate tech | venture capital for startups

[servotechsblog]

Extension of UP EV Subsidy Policy till 2027

The 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐨𝐟 𝐔𝐭𝐭𝐚𝐫 𝐏𝐫𝐚𝐝𝐞𝐬𝐡 𝐡𝐚𝐬 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐢𝐭𝐬 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐬𝐮𝐛𝐬𝐢𝐝𝐲 𝐩𝐨𝐥𝐢𝐜𝐲 𝐭𝐢𝐥𝐥 𝟐𝟎𝟐𝟕, ushering in new opportunities for sustainable mobility. Here's what you need to know:

🔹Electric two-wheelers qualify for a subsidy of Rs 5,000, while four-wheelers can receive an incentive of up to Rs 1 lakh.

🔹 A dedicated budget of Rs 100 crore has been allocated to subsidize 200,000 electric two-wheelers, alongside Rs 250 crore for four-wheelers.

🔹 The policy also offers substantial support, including Rs 20 lakh for private electric buses and Rs 12,000 per vehicle for e-three-wheelers.

This initiative underscores commitment to sustainable mobility and aims to drive significant reductions in emissions while promoting economic benefits for EV users. Let’s accelerate towards a cleaner, greener future together!

#electricvehicles#uttarpradesh#sustainability#cleanenergy#evadoption#greenfuture#evsubsidy

[equitylogistic]

Who Can Benefit from Solar Energy in Transportation

Imagine a future where vehicles glide effortlessly along the road, powered not by traditional fuels, but by the energy of the sun. This vision is becoming increasingly tangible as solar energy makes its way into the transportation sector, revolutionizing how we move from place to place. In this blog post, we will explore the exciting world of solar energy in transportation and discover who stands to benefit from this innovative technology. Let's dive in!

Benefits of using solar energy in transportation

Solar energy in transportation offers a range of benefits that make it an attractive option for individuals and businesses alike. One key advantage is the significant reduction in greenhouse gas emissions, helping to combat climate change and improve air quality. By harnessing the power of the sun, vehicles can operate more sustainably, reducing their reliance on fossil fuels.

Additionally, solar-powered transportation can lead to lower operating costs over time. With fewer fuel expenses and maintenance requirements, businesses can save money while also promoting environmental sustainability. This cost-effectiveness makes solar energy an appealing choice for fleet owners looking to reduce their carbon footprint and overhead expenses simultaneously.

Moreover, utilizing solar energy in transportation promotes energy independence by relying on a renewable resource that will never run out. This not only contributes to a cleaner environment but also enhances overall resilience against fluctuations in traditional fuel prices.

Types of vehicles that can be powered by solar energy

Solar energy is a versatile and sustainable power source that can be harnessed to fuel various types of vehicles. From cars and buses to boats and even planes, the possibilities are endless when it comes to integrating solar technology into transportation.

Electric cars equipped with solar panels on their roofs can capture sunlight and convert it into electricity, extending their range and reducing reliance on traditional charging methods. Solar-powered bicycles are gaining popularity as an eco-friendly alternative for short commutes, allowing riders to pedal with the assistance of renewable energy.

Public transportation systems like buses and trams can also benefit from solar energy by installing panels on their rooftops or at stations to offset operating costs. Additionally, solar-powered boats offer a quiet and emission-free way to navigate waterways while minimizing environmental impact.

Innovations in aviation have led to the development of solar-powered drones and experimental aircraft that rely solely on sunlight for propulsion. These advancements showcase the potential for solar energy to revolutionize not just land-based transportation but also air travel in the future.

Success stories of companies using solar energy in transportation

One success story in the realm of solar energy in transportation comes from China, where the Shenzhen Bus Group implemented a fleet of electric buses powered by solar panels on their roofs. These buses can travel up to 12 miles on a single charge and have significantly reduced carbon emissions!

Another notable company making strides in solar-powered transportation is Tesla, with their innovative electric cars equipped with solar roof options. These vehicles harness the power of the sun to extend driving range and lessen reliance on traditional charging methods.

Moreover, Dutch company Lightyear has developed a solar-powered car that can travel up to 450 miles per day using sunlight as its primary energy source. This breakthrough technology showcases the potential for long-distance travel without depleting fossil fuels.

Furthermore, Indian startup Euler Motors has introduced electric three-wheelers for last-mile delivery services powered by rooftop solar panels. These vehicles provide an eco-friendly solution for urban logistics while reducing operational costs.

These success stories highlight how companies worldwide are embracing solar energy in transportation to drive innovation and sustainability forward!

Potential cost savings with solar-powered transportation

Imagine being able to save money while also reducing your carbon footprint by using solar energy in transportation. Solar-powered vehicles offer a sustainable and cost-effective solution for businesses and individuals alike.

By harnessing the power of the sun, transportation costs can be significantly reduced over time. With minimal operating expenses compared to traditional fuel-powered vehicles, the savings from utilizing solar energy can add up quickly.

In addition to lower fuel costs, maintenance expenses tend to be lower for solar-powered vehicles due to their simple design and fewer moving parts. This means less money spent on repairs and upkeep, leading to long-term cost savings for owners.

Furthermore, government incentives and rebates for adopting renewable energy sources like solar power can further offset initial investment costs. These financial benefits make transitioning to solar-powered transportation an attractive option for those looking to save money in the long run.

Environmental impact of solar-powered transportation

As we look towards a greener future, the environmental impact of solar-powered transportation cannot be understated. By utilizing clean and renewable energy sources like solar power, vehicles can significantly reduce their carbon footprint and decrease harmful emissions into the atmosphere.

Solar-powered transportation plays a crucial role in mitigating air pollution and combating climate change by reducing dependence on fossil fuels. This shift towards sustainable energy not only benefits the environment but also improves overall air quality, leading to healthier communities for everyone.

Additionally, solar energy in transportation helps to preserve natural resources by decreasing the demand for non-renewable fuels such as oil and gas. As more vehicles transition to solar power, we take a step closer towards creating a more sustainable and eco-friendly world for generations to come.

Embracing solar-powered transportation is not just about innovation; it's about making a conscious choice to protect our planet and preserve its beauty for future inhabitants. Together, we can drive positive change through environmentally responsible practices that support both present-day needs and tomorrow's possibilities.

Challenges and solutions for implementing solar energy in transportation

One of the main challenges in implementing solar energy in transportation is the initial cost involved. Converting vehicles to run on solar power can be expensive, deterring some companies and individuals from making the switch. However, solutions such as government incentives and subsidies can help offset these costs and make solar-powered transportation more accessible.

Another challenge is the limited range of electric vehicles powered by solar energy. While advancements are being made in battery technology to improve this issue, it remains a concern for long-haul transportation. Solutions like integrating solar panels into infrastructure or using hybrid systems can extend the range of these vehicles and address this limitation.

Additionally, lack of widespread charging infrastructure poses a challenge for solar-powered transportation. To overcome this hurdle, investment in building more charging stations powered by renewable energy sources like solar can ensure a reliable network for drivers relying on clean energy options.

Conclusion

Solar energy in transportation is a game-changer that benefits not only the environment but also individuals and businesses. By harnessing the power of the sun, we can reduce our reliance on fossil fuels, decrease harmful emissions, and pave the way for a more sustainable future. As technology continues to advance and costs decrease, solar-powered transportation will likely become even more accessible and widespread.

Whether you are an individual looking to reduce your carbon footprint or a company aiming to cut operational costs and promote eco-friendly practices, solar energy in transportation offers a range of benefits. The success stories of companies already implementing solar solutions demonstrate that it is not just a concept but a practical reality with tangible results.

As we move towards cleaner and greener modes of transportation, embracing solar energy will play a crucial role in shaping a brighter tomorrow for generations to come. Let's continue to explore innovative ways to integrate renewable energy sources like solar into our daily lives and drive towards a more sustainable future together.

[martin-cambell]

A Glimpse into Budget 2024: What Will Be the Future of EV in India?

As India’s electric vehicle (EV) industry surges forward towards a cleaner and more sustainable future, the anticipation surrounding Budget 2024 is palpable. Industry stakeholders eagerly await announcements that could steer the trajectory of EV development and adoption in the country. In this blog, we delve into key developments, expectations, and the strategic roadmap for India’s burgeoning EV landscape.

2024 EV Trends – Future of EV in India

The electric vehicle industry in India witnessed a monumental milestone in 2023, with sales soaring to 1.5 million units, marking a robust 46% year-on-year growth. This surge not only underscores a burgeoning market but also sets the stage for discussions on the future of EV in India.

Budget 2024 Expectations – FAME and GST

As the Budget date approaches, industry insiders are hopeful for a reduction in the goods and services tax (GST) rate on EV components and an extension of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) subsidy scheme. The FAME 2 scheme, initiated in 2019, aimed to bolster the adoption of electric two-wheelers, three-wheelers, passenger cars, and buses. The question now looms: how will Budget 2024 shape the continued evolution of the EV landscape in India?

Industry Voices and Vision for the Future

Amid these expectations, industry leaders share their perspectives. Naveen Munjal, founder of Hero Electric, emphasizes the necessity for long-term policy measures promoting EV adoption, including reduced GST rates and FAME-II subsidy extensions. Pratik Kamdar, CEO & Co-Founder of Neuron Energy, echoes this sentiment, advocating for lower tax rates to enhance EV affordability. These voices underscore the crucial role of government support in shaping the future of EV in India.

Infrastructure Development

The vision for the future of EV in India extends beyond policy changes. Lalit Singh, CEO of TelioEV, highlights the importance of robust EV charging infrastructure, particularly in Tier II and Tier III cities, emphasizing the interplay between infrastructure development and EV's future in India.

Industry Expectations and Transformative Changes

Industry players like Akihiro Ueda, CEO of Terra Motors, and Nehal Gupta, Founder of AMU, express their expectations for the Budget, viewing it as more than just a financial statement. Akihiro Ueda hopes for initiatives boosting manufacturing and infrastructure development, while Nehal Gupta anticipates transformative changes in the insurance sector and sees opportunities in subsidies, tax benefits, and innovative financing solutions for EVs.

Government Incentives and Policies Driving EV Adoption

The future of EV in India is intricately linked to government incentives and policies. The continuation of incentives for both manufacturers and consumers, coupled with expected developments in increased support and infrastructure, will play a pivotal role in encouraging a wider transition to electric vehicles.

Expected Developments & Increased Support

Key points to watch out for include increased government support through boosted subsidies for EV manufacturers, aligning with the vision of making EVs more affordable. Additionally, a strategic plan for infrastructure development, including subsidies for charging stations and advancements in fast-charging technology, will instill confidence among potential EV buyers.

Conclusion

As Budget 2024 unfolds, it promises to unveil the future of EV in India. The intertwined elements of policy support, infrastructure development, and transformative industry changes set the stage for a sustainable and eco-friendly era of transportation. With each announcement, India takes a step closer to redefining its automotive landscape, bringing the future of EV into sharper focus. The journey towards cleaner mobility is not merely a fiscal matter but a visionary stride towards a greener tomorrow.

Also Read 

Discover Best Electric Cars Under 10 Lakhs In 2024

[riya7090]

 Electric vehicles, or EVs, are changing the roads.

These eco-friendly rides run on electric motors and come in many forms, from two-wheeled scooters to zippy cars. They're a great way to cut down on emissions and fuel costs.

Electric two-wheelers: From popular electric scooters that zip through city streets to e-bikes, these are a cost-effective and eco-friendly alternative to traditional fuel-powered options. The e-bike market itself is expected to reach a whopping USD 34.80 billion by 2024, highlighting its explosive growth!  Electric bikes marketin India Is Most Popular EV .The electric bicycle market in india: A Promising Ride Ahead The Indian electric bicycle market is witnessing exciting growth. Factors like rising fuel prices, government incentives, and growing environmental consciousness are fueling this trend.

Electric three-wheelers: These are perfect for short-distance passenger and cargo transportation, offering a cleaner alternative to rickshaws and small commercial vehicles.

Electric cars: While still a developing segment, electric cars are gaining traction with rising awareness and government incentives.

Electric buses: Public transport is getting a green makeover with electric buses offering a quieter and more sustainable way to travel in cities.

[xidaax]

Can Electric vehicles (EVs) play a significant role in reducing air pollution in India?

Yes, electric vehicles (EVs) can play a significant role in reducing air pollution in India. Here's how:

Zero Tailpipe Emissions: Unlike conventional vehicles that run on fossil fuels, electric vehicles produce zero tailpipe emissions. This means they do not emit pollutants such as carbon dioxide (CO2), nitrogen oxides (NOx), particulate matter (PM), and volatile organic compounds (VOCs) directly into the air, which are major contributors to air pollution.

Reduced Dependence on Fossil Fuels: Electric vehicles can be powered by electricity generated from renewable energy sources such as solar, wind, and hydroelectric power. By transitioning to EVs, India can reduce its dependence on fossil fuels like petrol and diesel, which contribute significantly to air pollution when burned in vehicles.

Improvement in Urban Air Quality: EVs can help improve air quality in congested urban areas, where pollution levels are often the highest due to heavy traffic. By replacing internal combustion engine vehicles with electric ones, cities can experience a noticeable reduction in harmful pollutants, leading to cleaner air for residents.

Incentives for Adoption: Governments can encourage the adoption of electric vehicles through various incentives such as subsidies, tax breaks, and rebates. These measures can make EVs more affordable for consumers and accelerate their uptake, further reducing pollution from conventional vehicles.

Technological Advancements: Continued advancements in battery technology and charging infrastructure are making electric vehicles more practical and appealing to consumers. As EV technology improves and becomes more widespread, the environmental benefits will become even more pronounced.

While electric vehicles alone may not solve all of India's air pollution problems, they can certainly be a significant part of the solution when combined with efforts to increase renewable energy generation, improve public transportation, and implement stricter emissions standards for all vehicles.

Promotion of Public Transportation: Electric buses and taxis can be integrated into public transportation systems, reducing emissions from large fleets of vehicles that operate in urban areas. This can have a significant impact on air quality, especially in cities with high levels of congestion and pollution.

Rural Electrification: In rural areas where access to electricity is improving, electric vehicles, particularly two-wheelers and three-wheelers, can replace traditional petrol or diesel-powered vehicles. This shift can help prevent pollution in areas where air quality may be affected by agricultural activities and the use of fossil fuel-based transportation.

Health Benefits: By reducing air pollution, especially particulate matter and harmful gases, the widespread adoption of electric vehicles can lead to significant health benefits for the population. Fewer pollutants in the air can reduce the incidence of respiratory diseases, cardiovascular problems, and other health issues associated with poor air quality.

Global Climate Impact: While not directly related to local air pollution, transitioning to electric vehicles can also contribute to mitigating climate change. By reducing greenhouse gas emissions associated with transportation, India can play its part in global efforts to limit global warming and its adverse effects on the environment and human health.

Job Creation and Economic Growth: The shift towards electric vehicles can stimulate economic growth and create new job opportunities in industries related to renewable energy, electric vehicle manufacturing, battery production, and charging infrastructure development. This transition can foster innovation and entrepreneurship while addressing environmental challenges.

Overall, the widespread adoption of electric vehicles in India has the potential to significantly improve air quality, public health, and environmental sustainability. However, it requires coordinated efforts from policymakers, industry stakeholders, and the public to overcome challenges such as infrastructure development, affordability, and consumer awareness.

[madhumadishetty]

Going Electric: Research City’s Electrifying Market Research Journey

In a global landscape dedicated to minimizing carbon emissions and embracing environmental sustainability, the transformation toward sustainable transportation is fundamentally reshaping the trajectory of the automotive industry. 

At the forefront of electric vehicle (EV) market research, Research City unravels the intricacies of this dynamic market, delving into consumer preferences, technological advancements, market trends, and regulatory frameworks. 

Let’s delve into the fascinating narrative of the EV industry, with a spotlight on the worldwide context and a closer look at the dynamic electric vehicle landscape unfolding in India.

Understanding Electric Vehicles

Current Global and Indian EV Market Trends

In the ever-evolving landscape of electric vehicles, staying abreast of global and Indian market trends is paramount. From the rise of electric SUVs to advancements in battery technology, understanding the current market trends provides valuable insights for businesses and consumers alike.

EV Sale Trend in India

Exploring Other EV Segments

While 2-wheel EVs are gaining prominence, it’s essential to broaden the perspective to encompass other electric vehicle segments. From electric buses and three-wheelers to electric cars, each segment plays a unique role in the overall electrification of transportation. Understanding the dynamics of these segments provides a holistic view of the EV ecosystem.

Shaping the Future of Mobility

As we conclude our exploration of electric vehicles, it’s evident that the landscape is dynamic and ever-expanding. The market research conducted on 2-wheel electric vehicles and the analysis of EV sales trends in India serve as a compass for businesses navigating this transformative journey.

Electric Vehicle Market Research

Research City characterizes electric vehicle market research as an exhaustive examination that spans consumer behaviours, technological advancements, regulatory policies, and the wider impact on both the automotive industry and the environment. This in-depth research is centred on gaining insights into consumer preferences, expectations, and concerns, scrutinizing technological advancements, and assessing the regulatory landscape that governs the electric vehicle (EV) sector.

Furthermore, explore our recent case study on market research specifically conducted on 2-wheeler electric vehicles used for food delivery and other purposes in India. Discover the intricate details and valuable insights derived from our comprehensive analysis of this specialized segment of the EV industry.

Why is Electric Vehicle Market Research An Absolute Necessity Today?

With the automotive industry undergoing a paradigm shift towards electric mobility, market research becomes indispensable. For businesses, it’s a compass navigating through consumer preferences, regulatory landscapes, and technological advancements. Research guides strategic decisions, ensuring companies align with the dynamic EV market.

Market Research on 2-Wheel Electric Vehicles

Market Size and Growth

1. Current Market Size

Analyzing the current market size is crucial to understanding the scale of the 2W EV industry. This involves examining the number of units sold, market value, and regional distribution to identify key growth areas.

2. Growth Projections

Forecasting growth is essential for businesses looking to invest in the 2W EV market. Factors such as increasing consumer awareness, government incentives, and advancements in battery technology contribute to the sector’s projected growth.

Key Players and Competition

3. Leading Manufacturers

Identifying key players in the 2W EV market provides insights into industry dynamics. Companies such as [List of Leading Manufacturers] are at the forefront, contributing to innovation and market dominance.

4. Competitive Landscape

Understanding the competitive landscape involves analyzing market share, pricing strategies, and product differentiation. This insight helps businesses position themselves effectively within the market.

Consumer Behavior and Preferences

5. Target Demographics

Knowing the target demographic for 2W EVs is crucial for marketing and product development. Analyzing age groups, income levels, and urban vs. rural preferences provides a nuanced understanding of consumer behavior.

6. Factors Influencing Purchase Decisions

Explore the factors influencing consumers to choose 2W EVs over traditional vehicles. Considerations such as environmental consciousness, cost savings, and government incentives play a significant role in shaping consumer choices.

Technological Advancements

7. Battery Technology

Battery technology is a cornerstone of 2W EVs. Investigate the latest advancements, energy density, and charging infrastructure developments that impact the efficiency and range of 2W EVs.

8. Connectivity and Smart Features

As businesses and consumers alike become more conscious of their environmental footprint, electric vehicles represent a pivotal solution. With the right knowledge and insights, companies can position themselves at the forefront of this revolution, contributing to a cleaner, greener, and more sustainable future.

Conclusion: Embracing the Electric Future

In conclusion, the electric vehicle revolution extends beyond 2-wheelers, influencing various facets of transportation. As we embrace a future dominated by sustainable mobility, understanding the intricate details of different electric vehicles becomes paramount. Stay informed, stay ahead, and contribute to the green revolution in transportation.

Leave the gas station behind! Explore the exciting world of electric vehicles (EVs) with Research City’s cutting-edge market research insights. We’ll guide you through the dynamic landscapes of trucks, buses, and cars, helping you navigate the path to a sustainable and profitable future.

[ev-battery]

Battrixx investing in sodium-ion chemistry despite commercial challenges

New Delhi: Battery pack manufacturer, Battrixx, introduced high-voltage battery packs for the tractor and commercial vehicles at the Bharat Mobility Global Expo, 2024. The unveiled products are for a 27 hp tractor, a 40 hp tractor, and two variants with power ratings of 15 kW and 32 kW light commercial vehicle targeting 0.5-tonne and 2-tonne vehicles.

Anand Kabra, Vice Chairman and MD, Battrixx, emphasized the incorporation of advanced technologies, such as active cooling, higher life cycle, increased energy density, faster charging, and faster discharging, tailored to meet specific end-user requirements in the battery packs. In an interaction with ETAuto, Kabra shed light on the company's latest innovations and future prospects.

With a focus on electric vehicles (EVs), Kabra mentioned that the growing interest is in the passenger vehicle segment, with several brands gearing up to launch electric variants. Battrix has already transferred technology for a 56 kWh pack designed for passenger vehicles, emphasizing the need for customization based on customer specifications, size, space, and evolving cell technologies.

Addressing the evolving landscape of battery technologies, Kabra revealed Battrix's investments in sodium-ion chemistry. "We don't see sodium packs getting commercial anytime soon, but from a battery angle, we will continue to make investments into such kinds of chemistries," he said. Despite challenges related to energy density and high-temperature performance in sodium-ion technology for EVs, the company remains optimistic about its future. Kabra acknowledged that while sodium-ion packs might not become commercialized soon, Battrix will continue to invest in research and development to overcome existing challenges. As for the current product portfolio, Battrix offers a wide range, including two-wheelers with various chemistries such as NMC chemistry, LFP chemistry, LMFP chemistry, NCA chemistry, etc., three-wheeler packs for rickshaws and cargo vehicles, battery management systems, and IoT solutions. The focus on high-voltage batteries is primarily on tractors and commercial vehicles, with ongoing discussions about potential expansion into buses and trucks. Battrix appears poised to make a significant impact on the EV market, leveraging technological advancements and strategic investments to meet the evolving needs of various sectors. While the commercialization of sodium-ion packs may be on the horizon, the company remains committed to pushing the boundaries of battery technology through continuous research and development efforts.

Source Link:  https://auto.economictimes.indiatimes.com/amp/news/auto-components/battrixx-investing-in-sodium-ion-chemistry-despite-commercial-challenges/107375395

Website Link: https://www.battrixx.com/

[sonali2345]

Powering Progress: Trends and Future Prospects in the Electric Battery Market

Electric batteries, also referred to as secondary cells, accumulators, or storage batteries, are essential electrochemical devices that convert chemical energy into electrical energy. These sophisticated power sources consist of key components – an electrolyte, anode, and cathode – which facilitate the generation of electric current through electrochemical reactions. These batteries come in various shapes and sizes, ranging from small button cells to large-scale industrial megawatt systems. Embracing an ecological and sustainable alternative to non-rechargeable batteries, electric batteries offer long-term cost benefits and enhanced durability. The surging demand for portable devices such as mobile phones, laptops, and cordless power tools has significantly contributed to the remarkable growth of the electric battery market. 

Request Sample PDF of this report : https://www.alliedmarketresearch.com/request-toc-and-sample/13232  

COVID-19 Disruption and Impact: 

The COVID-19 pandemic had a substantial adverse impact on the electric battery market, affecting both demand and supply. Nationwide lockdowns led to the closure of automotive and consumer electronics facilities, resulting in reduced demand for these systems. Simultaneously, the shutdown of battery manufacturing factories disrupted the supply chain. Additionally, economic uncertainties prompted consumers to curtail spending on automobiles and consumer electronics. 

Get a Customized Research Report @ https://www.alliedmarketresearch.com/request-for-customization/13202 

Influential Factors Driving the Market: 

The global demand for smartphones and mobile devices continues to soar, fostering the expansion of the electric battery market. This growth is further propelled by the increased utilization of electric batteries across diverse industries like aerospace, defense, healthcare, and electronics. Rising disposable incomes in emerging economies, improved living standards, and growing environmental concerns contribute to the market's upward trajectory. The shift towards electric vehicles has gained momentum due to rising gasoline prices worldwide, promoting the adoption of electric batteries. Escalating prices of gasoline and diesel, driven by depleting fossil fuel reserves, are compelling consumers to embrace battery electric vehicles, thus supporting market growth. 

Market Challenges and Trends: 

Despite its promising outlook, the electric battery market faces challenges such as limited awareness in rural areas, fluctuating raw material costs, high transportation expenses, and stringent emission regulations. Stringent emission rules in developed nations aimed at curbing harmful emissions from battery production also pose constraints. 

The industrial electric battery sector is projected to witness rapid growth, attributed to the sustained need for reliable power in various industries. Factors like reduced lithium-ion battery prices, growing demand from data centers and the telecommunications sector, and increased integration of renewable energy globally contribute to this expansion. Among industrial battery technologies, lithium-ion batteries are expected to witness significant growth due to their favorable capacity-to-weight ratio and superior performance. 

Asia-Pacific is a key player in the battery management system market, anticipated to experience substantial revenue growth. The region, particularly China, boasts a significant fleet of electric two- and three-wheelers and buses. The Indian government's investment in electric vehicle development further fuels battery demand. Growing battery needs across sectors like healthcare, automotive, electronics, and defense, combined with the shift towards green technology and electric vehicles, will drive the electric battery market's growth in the region. 

Key Report Highlights: 

This comprehensive report presents an analytical overview of the electric battery market, shedding light on current trends and future investment prospects.  

Key drivers, constraints, opportunities, and detailed market share analysis are provided.  

The report quantitatively assesses the current market scenario and employs Porter's five forces analysis to gauge buyer and supplier dynamics. 

 A thorough analysis of competitive intensity and the forthcoming competitive landscape is also offered. 

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/13202 

Electric Battery Market Segmentation: 

Battery Type: Lead Acid, Lithium Ion, Nickel Metal Hydride, Nickel Cadmium 

Capacity: 150 - 1000 mAh, 1300 - 2700 mAh, 3000 - 4000 mAh, 4000 - 6000 mAh, 6000 - 10000 mAh, More than 10000 mAh 

Application: Portable, Automotive, Industrial 

Region: North America (U.S., Canada, Mexico), Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific), LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA) 

Prominent Market Players: Saft, Panasonic Corporation, EnerSys, Enfucell Oy, Apple Inc., Exide Technologies, NEC Energy Solutions Inc., LG Chem, Blue Spark Technology, Cryopak, SAMSUNG SDI, Ultralife Corporation, STMicroelectronics N.V., Johnson Controls, East Penn Manufacturing

[eyepool]

[Electric bikes & mopeds] are actually displacing four times as much demand for oil as all the world’s electric cars at present, due to their staggering uptake in China and other nations where mopeds are a common form of transport.

How can that be? On the world’s roads last year, there were over 20 million electric vehicles and 1.3 million commercial EVs such as buses, delivery vans, and trucks.

But these numbers of four or more wheel vehicles are wholly eclipsed by two- and three-wheelers. There were over 280 million electric mopeds, scooters, motorcycles, and three-wheelers on the road last year. Their sheer popularity is already cutting … about 1 percent of the world’s total oil demand, according to estimates by Bloomberg New Energy Finance.

—The Conversation [via Ars Technica]

[anikaarickshaw]

Auto Mobility: Redefining the Commuting Experience

The world of urban transportation is undergoing a profound transformation. With a growing focus on sustainability and technological innovation, the way we commute is evolving rapidly. In this article, we explore the paradigm shift in urban mobility, the role of auto mobility solutions, and how these changes are redefining the commuting experience.

Urbanization is at an all-time high, and with it comes the ever-increasing need for efficient and sustainable mobility solutions. Traditional modes of transportation, reliant on internal combustion engines, have long been associated with issues like air pollution, traffic congestion, and high operating costs. As cities across the world grapple with these problems, the concept of auto mobility solutions is taking center stage.

The Evolution of Urban Mobility

From Gasoline to Electricity

One of the most noticeable shifts in urban mobility is the transition from gasoline-powered vehicles to electric alternatives. Electric vehicles (EVs), such as electric rickshaws (E-rickshaws), have gained prominence due to their eco-friendliness, lower operating costs, and quieter performance. As a result, cities are experiencing reduced air pollution, improved air quality, and lower noise levels.

Connectivity and Integration

Another key development is the increasing connectivity between various modes of transportation. Through mobile apps, passengers can now seamlessly switch between walking, cycling, public transport, and shared mobility solutions. This integration aims to reduce the number of private vehicles on the road, decreasing traffic congestion and environmental impact.

The Role of Auto Mobility Solutions

Electric Auto Rickshaws

Anikaa’s Electric auto rickshaws, commonly known as E-rickshaws, have become a symbol of eco-friendly commuting in urban areas. These electric three-wheelers offer an affordable and sustainable mode of transportation. E-rickshaws are particularly popular in densely populated cities and are well-suited for short-distance commuting.

Autonomous Vehicles

The advent of autonomous vehicles represents a major shift in the future of urban mobility. Self-driving cars and buses have the potential to enhance safety, reduce traffic accidents, and improve the overall efficiency of transportation networks. These vehicles can operate on electric power, further contributing to sustainability.

Redefining the Commuting Experience

Convenience and Accessibility

Auto mobility solutions prioritize convenience and accessibility. Passengers can book rides with a few taps on their smartphones, eliminating the need to own a private vehicle. This not only reduces the financial burden of car ownership but also minimizes the stress of parking and maintenance.

Cost-Effectiveness

One of the most significant advantages of auto mobility solutions is their cost-effectiveness. By sharing rides and utilizing electric or hybrid vehicles, passengers can save money on fuel, maintenance, and insurance. For auto-rickshaw users, this translates to lower fares and a more affordable mode of commuting.

Environmental Benefits

Auto mobility solutions contribute to environmental sustainability by reducing carbon emissions and lowering air pollution. E-rickshaws, electric buses, and autonomous vehicles all have the potential to significantly impact the reduction of greenhouse gases. Cleaner air and a healthier urban environment are direct benefits of these sustainable commuting options.

The Future of Auto Mobility

Technological Advancements

The future of auto mobility is closely tied to technological advancements. This includes developments in battery technology, artificial intelligence, and smart transportation infrastructure. These innovations will further enhance the efficiency and sustainability of urban Transportation.

User Adoption

The success of auto mobility solutions also relies on user adoption and behavior change. As commuters become more environmentally conscious and tech-savvy, the shift towards sustainable transportation options is likely to gain momentum. Education and awareness campaigns can accelerate this transition.

Conclusion

Auto mobility solutions are at the forefront of redefining the commuting experience in urban areas. As we transition from gasoline-powered vehicles to electric alternatives, enhance connectivity and integration, and leverage technology for sustainability, the future of urban mobility looks promising. Auto mobility prioritizes convenience, cost-effectiveness, and environmental benefits, offering a more sustainable and enjoyable commuting experience. The continued development of auto mobility solutions, coupled with supportive government policies and changing commuter attitudes, will shape a greener and more efficient urban landscape for years to come.

[woce1]

Net zero by 2070: India’s shift to e-mobility

30 September, 2022

WOCE Team

By committing an economy to a 1 billion tonne reduction in predicted carbon emissions by 2030, India’s net zero objective for 2070 demonstrates the intention to undertake decarbonization. The inter-sectoral contributions of states, industries and companies will be essential in accomplishing this aim, even though this lays out a clear path for India to take.

In India, the transportation sector is one of the major emitters. India must prioritise this area if it is to reach the net zero goal. Without quick electrification of vehicle fleets, emissions associated with transportation will soar by 2050, significantly hastening climate change. Critical actions, such as the following, are urgently needed to create an EV ecosystem in India.

Infrastructure fees for business parks and public roads

Medium and long-haul freight as well as the electrification of last-mile delivery, powered by renewable energy

Government at work: Strengthening policy backing

The Indian government has created the conditions for quick uptake of electric mobility. To support reaching the target of 30% EVs by 2030, a clever combination of purchase reductions across a variety of vehicle categories, lower road taxes, and scrapping and retrofit incentives is needed. The cost of oil imports, rising pollution, and India’s international responsibilities to combating climate change are the driving forces behind its recent measures to quicken the transition to e-mobility.

1. Demand incentives for Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) Around 160,000 EVs had received demand incentives totaling $75 million USD under FAME II as of November 2021. More than 6,300 e-buses, 2,870+ EV charging stations in 68 cities, and 1,576 charging stations on nine expressways and 16 motorways have all been approved by the incentive programme. All this could hasten the adoption of electric two-wheelers, three-wheelers, and e-buses throughout the nation.

2. Production-linked Incentive (PLI) Programme The Indian government launched a 2.4 billion USD PLI project for ACC storage manufacture in May 2021 to build a local manufacturing capacity of 50 GWh of ACC and 5 GWh of “niche” ACC capacity. This would increase capacity, localise the EV supply chain, and reduce dependency on imports. Reliance, Hyundai, Ola, and M&M are just a few of the well-known Indian companies that have submitted bids totaling roughly 130 GWh. To promote the production of electric and hydrogen fuel cell vehicles, the central government also authorised 3.4 billion USD for automobiles and automobile components in September 2021.

3. State policies on EV EV-specific policies have been enacted by several states. Incentives on the supply side include:

Subsidy for a capital interest

Refunds for stamp duties

Tax exempt status

Refund for state goods and services tax (SGST)

Offering interest-free loans will encourage EV manufacturers.

There are financial incentives, exemptions from road tax, and registration fee reductions on the demand side. The governments of Delhi and Maharashtra have made announcements about initiatives to hasten the adoption of EVs. By 2024, EVs in Delhi are expected to account for 25% of all new vehicle registrations. By 2025, 10% of all new vehicle registrations in Maharashtra will be electric vehicles.

Companies setting the bar high: Ambition and action

Exide and Amara Raja Batteries, two well-known producers of automotive lead-acid batteries, are pioneers in focusing fresh investments on environmentally friendly technologies like lithium-ion batteries. In response to the opportunity offered by India’s EV industry, business leaders like OLA Electric, Ather Energy, and Mahindra Electric are rapidly growing their market presence.

Due to soaring demand, Ather Energy plans to produce 1 million electric scooters annually.

A 2 billion USD investment was made by Ola’s “Future Factory” to produce 10 million electric scooters annually.

TPEML, a recently established EV subsidiary of Tata Motors, was created to manufacture, design, and develop EV-related services.

Together with Mahindra Group, Hero Electric produces more than 1 million electric two-wheelers annually.

In addition, EV100 members, who are dedicated to a 100% switch to EVs by 2030, are setting the demand side

To hasten the switch to electric vehicles in the last-mile delivery sector, Flipkart has teamed with Hero Electric, Mahindra Electric, and Piaggio.

Initiated by Dalmia Cement, the e-trucks initiative aims to deploy 22 electric trucks by 2022.

The JSW Group has a new EV policy that enables incentives for employees to buy electric two-wheelers or four-wheelers up to $300,000.

Even though the government and private sector are now aware of the enormous benefits of EV adoption, more work needs to be done to accelerate the switch to EVs in India. The demand for the uptake of sustainable transportation must be fueled by the Indian corporate sector. They can also effectively transform outmoded processes by inspiring fresh business concepts.

By increasing EV demand, influencing legislation, and promoting mainstream adoption to make electric transport the new normal by 2030, initiatives like EV100 are extending the frontiers to create a conducive climate for the transition to e-mobility. The ability of EVs to reduce emissions will continue to increase as India’s energy infrastructure becomes more environmentally friendly and new ways to obtain clean electricity surface.

[padminivnamechatronicsltd]

Unplugging the Future: Embracing Electric Vehicles for Sustainable Mobility

The design and production of internal combustion engine (ICE) vehicles, which have dominated the auto industry for a century, are giving way to a new generation of energy-efficient electric cars, trucks, and buses. 

The automobile industry is transforming into a mobility ecosystem as a result of the sustained increase in technology investments. New alliances between OEMs, tier-one, and tier-two suppliers are developing, followed by the emergence of a larger ecosystem. OEMs have often made investments in key sectors like production and engine development. The next step for OEMs is to work with electric vehicle component manufacturers in India to establish a strong presence in CASE technologies.

Driving Toward Electric Mobility

Since 2020, EV sales have been growing in major markets due to improvements in renewable energy, battery technology advances that have lowered costs and increased travel ranges, and financial incentives. 

50% of customers who drive anticipate acquiring an EV as a private automobile within the next three years, even though ownership plans differ greatly by country.

The change in business spending, however, is more important. Industry executives predicted that EV spending will surpass ICE spending by 2025. Additionally, they forecast that by 2030, EV allocations will rise by 61%, shifting resources away from both gas- and other alternative low-carbon powertrains like fuel cells and hybrid electric vehicles and bringing sustainability to the automotive industry.

62% of respondents state that their companies won't offer ICE automobiles after 2035, with a full phaseout anticipated by 2041.

Challenges in EVs

The battery is the most expensive component of an electric vehicle. The value chain's participants must scale up battery production while ensuring that the cell chemistry is correct and compliant with safety requirements. Due to the recalibrating of the entire power-train value chain, OEMS are employing various sourcing techniques for e-power-train components to foster sustainability in the automotive industry. In this cutthroat environment, breakeven is still far away. Scaling EVs sustainably presents numerous difficulties.

Compared to sales of ICE (internal combustion engine) automobiles, EV sales yield lower earnings for OEMs. However, other solutions can help the industry become profitable from the standpoint of products and business models. Redesigning EVs, cost reduction by contending, improvements in battery technology, economies of scale, maximizing range, investigating battery leasing, and expanding partnerships for platform development and research are a few of these.

The e-mobility ecosystem is not integrated into OEM strategies for EV development. For instance, a lack of battery cell manufacture results in protracted wait times for EVs. The EV value chain needs to be synchronized.

Solutions to Overcome Potential Challenges in the EV Sector

Planning investments in new mining operations for material resources will be made possible by an integrated strategy with the sector and the government. Additionally, it would encourage localized battery-cell production and support OEM volume planning. To meet the electricity demand and prevent grid stress, renewable sources can also be used. It is also possible to link second-life EV batteries, unlocking the value pool for energy storage.

The mass and low-cost mobility sectors, primarily two and three-wheelers, are what drive the EV industry in India. Electrification in these markets will be pushed further by recent government initiatives including differential tax policy and tailored incentives to support start-ups. The additional tailwinds come from product developments using lithium-ion batteries with extended range and innovative business models like battery swapping.

The newly released EV models are primarily more expensive premium cars- thanks to the electric vehicle component manufacturers in India like Padmini VNA Mechatronics Ltd. The availability of compact, reasonably priced vehicles would be a key adoption driver in the early stages in price-sensitive economies like India. Mass-market vehicles, which are reasonably priced compared to ICE vehicles, will be important for mobility services like drivers for ride-hailing services.

It's also critical to notice shifting consumer attitudes, EV economics, and legislative actions if one wants to comprehend the future of mobility. As new models are released with better performance, features, and value, consumer preferences are changing.

The major barriers to consumer adoption that are also related to battery economics are price and range. The payback period for EV buyers will be shorter as battery costs improve. The discrepancy between OEM prices and consumer price expectations is minimized via subsidies and tax exemptions.

[etrioindia]

Can India Become the Next Electric Mobility Superpower? - Etrio

India’s EV story is being led by commercial EVs, especially in the last mile in the commercial cargo logistics space. By Kalyan C Korimerla, MD and Co-Promoter, Etrio

There is little doubt today that electric vehicles are the next big frontier of transport and mobility worldwide. In the backdrop of an increased focus on environmental and pollution concerns as well as superior operating economics especially in commercial applications, EVs have truly emerged as the most sustainable path towards decarbonizing transport and mobility globally, with users, communities, policymakers and companies backing the increased adoption of zero-emission EVs across numerous sectors and use-cases.  

Today, almost all the countries that have the highest levels of penetration of electric mobility (such as Norway, China, France, Netherlands and others) have been able to achieve this based on major contributions from native policies, innovative EV applications, as well as creating a robust ecosystem around EV applications. India, with one of the world’s largest automotive markets, has a great opportunity to be among the leaders not only in driving adoption but also in creating a world-class manufacturing ecosystem backed by sound long-term policies.

India’s EV story is being led by commercial EVs, especially in the last mile in the commercial cargo logistics space. Besides the well-documented benefits of electrification for cleaner air and for improving the environment at large, EVs are now able to offer not only superior operating economics than IC Engine based vehicles but also deliver lower Total Cost of Ownership (TCO). EV transition at scale in India is bound to give a major boost to our domestic economy and manufacturing ecosystem in the years to come and has the potential to generate huge employment. Furthermore, superior operating economics of commercial EVs will reduce the cost of logistics in India, which will increase the competitiveness of India in the global manufacturing context.

The nation’s apex policymaking body, Niti Aayog, has already set an ambitious vision of EV penetration of at least 30% in the passenger car segment, 70% in commercial vehicles, 40% in buses and 80% for two and three-wheelers by 2030. Furthermore, India’s Road Transport Minister Shri Nitin Gadkari has vowed to soon bring down the cost of the acquisition of EVs in India at par with petrol and diesel-based counterparts. Then to add to that, there are supportive Central Policies like FAME (Faster Adoption of Manufacturing of Electric and Hybrid Vehicles in India) and various state-specific policies – all working in tandem to help EVs in India to sustain, thrive and increase in terms of popularity and adoption. 

Etrio believes that for India to truly make a mark in the global e-mobility market as an “e-mobility superpower”, it is not enough that India captures a key share of global EV manufacturing but India should also invest in creating a robust and thriving domestic e-mobility market. In addition to the policy push, investments in EV infrastructure, development of diverse use cases for EV deployment and creation of a viable ecosystem. To realize the fullest potential of EVs in the country’s commercial segment, innovative EV OEMs such as Etrio are playing a pivotal role by taking a data-driven approach towards designing ground-up vehicles and enabling more use cases for EV deployment.

Etrio’s e-3W and e-4W products are specifically designed and optimized to address the last-mile use cases of its customers in e-commerce (last-mile delivery) delivery, intra-city logistics, agri-logistics, waste collection, pharma cold chain logistics, gas cylinder delivery and other emerging application areas. Notably, Etrio is India’s first EV Company to retrofit commercial vehicles (LCVs) for intra-city logistics, as well as the first in India to launch FAME-certified ground-up L5 e-3Ws.

Etrio believes in utilizing technology to the fullest to deliver customer experience not only in helping a traditional ICE vehicle driver to transition to EV but also in ensuring that today’s fleet managers can replace ICE vehicles with EVs with limited disruption and improved safety. Going forward, they will continue to understand the customers’ needs deeply and will deploy the latest EV technologies through its upcoming and existing range of vehicles in order to help our customers both, in using EVs in more and more routes, as well as in seamless transition from ICE vehicles to EVs. 

With a comprehensive approach from building reliable and intelligent products and reducing the total cost of ownership to ensuring a delightful customer experience, Etrio has already established a strong portfolio of customers and clients countrywide, while also working along with 30+ global companies. They are now in the process of acquiring new customers and are projecting 10 x growths in the next few fiscal years. From continuously experimenting with new use cases across several domains/sectors for its EV-fleets to serving the transport and logistics requirements for both intercity and intracity mobility, Etrio is working and innovating across both ends of the spectrum, i.e. creating a viable ecosystem and diverse use cases for EV usage, and thereby delivering on each and every front when it comes to enabling India’s EV-led transformation story.  

[goelectricpe]

Guide To understanding Electric Vehicles Chargers

Are you thinking about switching to electric vehicles but are confused by the various types of EV chargers and connectors available? We recognize that navigating the world of EV charging may be difficult, so we've created a short guide to help you understand the fundamentals.

An electric vehicle (EV) charger is a piece of equipment that supplies electrical power for charging plug-in electric vehicles (including cars, trucks, buses, and plug-in hybrids). These chargers come in two forms:

AC Chargers - An AC charger provides power to the onboard charger of the vehicle, converting that AC power to DC to charge the battery. These chargers are slow and thus take 6-8 hours to charge a vehicle completely.

DC Chargers - DC chargers are high-capacity chargers used for fast- charging the vehicle. DC chargers directly deliver DC power to the battery, bypassing all of the limitations of low capacity conversion of the onboard chargers, thus taking less time to charge the electric vehicles.

Electric vehicle chargers can be further classified based on the charging guns. There are three main types of EV charger:

Type 2 Charger - The Type 2 Charger provides slow chargers and is compatible with both AC charging systems. These types of chargers work with single-phase or three-phase input power systems, depending on the charger rating. The input power can manage between 3.3 kW to 43 kW with a 400-volt AC supply. Such chargers are usually ideal to be installed at home, compatible with vehicles with CCS-2 plugs. It is among the prominent standards in the Indian market.

CCS or Combined Charging System - For DC charging, one of the prominent standards in the four-wheelers and bus segment for high-capacity charging is CCS. A combined charging system plug or CCS type plug (often called a CCS Type 2) is common in current-age electric vehicles. CCS-based chargers are fast chargers and are prominently used for a public charging station. CCS can deliver power up to 350kW and with a wide operating voltage of 200-1000VDC, which is the highest in the industry of EV Charging.

CHAdeMo Charger - With global acceptance and presence in over 70+ countries worldwide, this is one of the first types of fast-charging systems developed. It can handle DC fast- charging of up to 62.5 kW. But the new electric vehicles are now switching to CCS due to its versatility.

It's important to note that not all electric vehicles are compatible with all charging connectors. Before you hit the road, make sure to check your vehicle's charging capabilities and ensure that the charging station you plan to use has a compatible connector.

Overall, making the switch to electric vehicles can be a bit intimidating, but understanding the basics of EV chargers and connectors can make the transition much smoother. At ElectricPe, we're committed to provide smart, affordable, and clean Electric Mobility to a billion Indians. Click here to learn more and get plugged in!