#EV Car Battery Manufacturers in Delhi

[guestpostingarticles]

Best Electric Scooter Manufacturers in Delhi

1. Hero Electric

Hero Electric is the leading electric scooter of India. Their scooters are some of the most inexpensive and trusted in that spectrum. The way Hero Electric looks at it, is that for creating eco-friendly transportation solutions which also do not compromise on performance. The trucks they provide are perfect for the typical equivalent of a daily driver.

2. Okinawa Autotech

Okinawa Autotech has emerged as one of the leading names in electric scooter segment Their scooters are sturdy and high power, meant for your daily urban commute. Many Delhi residents prefer the scooters that come with emphasis on safety and technology from Okinawa.

3. Ather Energy

Ather Energy - Here is a company that builds some of the most tech-savvy electric scooters on sale today. Their models have amazing features like smart connectivity and long battery life. In the electric liquid scooter market, Ather is showing everyone exactly how it can sell by maintaining its high-quality design aesthetic and keeping everything super-futuristic.

4. Victory EV

The soft and squishy seat should also be familiar to an electric scooter user if you love enduring the constant ache in your posterior, suffering similar cheap Chinese imports. And one final point of note is third place -Victory EV - even less well-styled than OKAI's macho AF Model 1.R (top), which rounds out fourth position for us due to its rudimentary design. Victory EV scooters combine style, performance and state-of-the-art technology that has made them the top choice for those who are environmentally conscious. So, what is it that separates Victory EV from the rest of those companies?

About the Winner Victory EV

Technology - and Design

One of the key aspects which Victory EV highlights is have gone all long in incorporating state-o-f-the-art technology inside their scooters. Their models have more features, like smart connectivity or GPS tracking and are controlled through an app. This is for increased user enjoyment, as well further safety and comfort. Victory EV scooters have a design that is very practical, making them visually pleasing and aerodynamically efficient.

Superior Battery Performance

Superior Battery Technology: A key differentiator for Victory EV The Victory battery pack is a full lithium-ion type and rated at higher energy capacity than many competitive EV scooter systems, allowing for an extended range between charges that can be recharged more quickly. This should come in handy for Delhi customers who need a scooter that can go through more miles without needing to be recharged every other day.

Eco-Friendly Manufacturing

Production of Victory EV will be eco-friendly as the company has planned to follow sustainable manufacturing methods. They design using environmentally friendly materials and processes to minimize their carbon imprint. This dedication continues with each product that is designed from the ground up to provide optimal energy efficiency and environmental sustainability. When consumers choose a Victory EV, they are contributing to a greener future for us all.

Customer-Centric Approach

Customer service is paramount for Victory EV. They also give the best customer service and warranty after sales services to ease up everything for scooter owner. The factory also includes customization options where customers can spec their scooters as per liking Protected by Digipro, sources tell us that these Electric 2-wheelers are pretty much reliable of daily-use without any range anxiety. At a time when most other electric car makers are focusing on profitability, Victory EV has gone the extra mile to ensure that they remain focused entirely around the customer.

E Rickshaw Manufacturers in Delhi are at the forefront of a green revolution, alongside leading electric scooter manufacturers. Companies such as Hero Electric, Okinawa Autotech, Ather Energy, and Victory EV are driving this transformation with their innovative and reliable products. Each brand offers something unique: Hero Electric is known for its affordability and trustworthiness, Okinawa emphasizes safety and technology, Ather Energy brings cutting-edge tech and futuristic designs, and Victory EV excels with superior battery performance, eco-friendly manufacturing, and a customer-centric approach. Together, they are shaping the future of transportation in Delhi, making it more sustainable and eco-friendly.

[evflowmobility]

Two-Wheeler EV Charging Facility

India is a country that adores travelling on two-wheelers or bikes. More than 80% of Indians own a scooter or motorbike. The e-mobile transportation in India is not limited to just electric cars. electric two-wheelers are high in demand and gaining popularity because of their effortless mechanism. Undoubtedly, electric bikes play a massive role in taking electric mobility to the next level.

Based on factors like market readiness, ease of charging, emission reduction and market readiness. Electric two-wheelers are a path for clean mobility in India. The electric vehicle industry is divided into 3 market opportunities:

Electric vehicle manufacturing

Mobility Services

EV Charging Station Services

Manufacturing and fleet services of electric two-wheelers hatched a lot of interest. Proper planning, implementation and establishment of frequent EV charging points are essential to support the rapid growth and commercial adoption of electric bikes. The two-wheeler EV charging contractors provide an opportunity for setting up innovative charging facilities.

How EV charging station Installers Mumbai are planning to set up EV charging stations at local businesses?

Renting electric two-wheelers

Renting electric bikes is popular in urban cities and towns like Mumbai or Delhi. Companies like Ola Bike, Rapido and Uber MOTO provide electric bike taxi services for transportation at a reasonable cost. Companies like Bounce, Vogo and Drivezy offer rental fleet services in urban cities of India. Businesses like Mobike, Mobycy, and Yulu provide food and grocery delivery fleets and offer last-mile connectivity services.

The two-wheelers used for commercial purposes are electric variants with low-speed scooters. The choice of charging facilities depends on the fleet operators.

Battery Swapping

Most electric two-wheeler batteries are detachable which makes battery swapping easier. Battery swapping is the process of changing the batteries and replacing them with a fully charged battery. Establishing battery-swapping facilities at local Kirana stores facilitates faster battery charging and extra revenue for the shop owner from swapping services. The electric two-wheeler batteries are lighter in weight and can be easily lifted and swapped when needed. 

Two-wheeler EV charging contractorsare stepping forward to install more charging points that facilitate fleet operations.

Plug-in Charging

Companies that provide grocery delivery fleet services like Grofers or BigBasket are the first in line to adopt electric goods carriers. Companies like IKEA and Amazon are committed to utilising electric three-wheelers for delivering and accommodating their products or orders. The Government of India is motivating businesses to establish more EV charging points, especially for fleet operations. 

Establish Charging Points

Ather has collaborated with local shop owners to install electric vehicle charging points. The charging stations for electric two-wheelers do not cover too much space, making it feasible for small businesses to set up a two-wheeler EV charging point.

Conclusion: 

The best EV charging station installersprovide hassle-free installation of EV charging stations or EV charging points for EV two-wheeler fleet operations. This generates secondary revenue for the local business owners and facilitates charging facilities for electric two-wheeler users. Since the number of electric two-wheeler owners is increasing, more EV charging points must be set up to meet the demand.

Company Name: EVFLO MOBILITY URL: https://evflomobility.com/ tel: +91 22 22 693 747 Address: Off No. 30, 3rd Floor 285, Shahid Bhagat Singh Rd, Ballard Estate, Fort, Mumbai, Maharashtra 400001

[delvenservices]

Automotive Software Market Key Findings

Market Segmentation: Automotive Software Market, By Application (ADAS & Safety, Connected Services, Autonomous Driving, HMI, V2X, Infotainment), Software Layer (OS, Middleware, Application), EV Application (Charging, Battery, V2G), Vehicle and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

Global Automotive Software market is anticipated to reach USD 17.1 billion in 2021 growing at a CAGR of 17% during the forecasting period, 2021–2028.

Automotive software companies of software and technology that is incorporated into the automobile in order to improve the aspects like quality, cybersecurity, adaptability, and performance. The software includes firmware and complex secured cloud solutions. AutoCAD is the major software tool used in the sector. It is used to manufacture and design multiple system used in the sector.

With an increased adoption of connected car service along with ADAS feature and the innovative technologies used incorporated in the system are some of the factors that have supported long-term expansion for Automotive Software industry.

Request for the Sample Report: https://www.delvens.com/get-free-sample/automotive-software-market-trends-forecast-till-2028

Key Findings of the Report:

Global Automotive Software market is segmented into Application, Software Layer, EV Application, Vehicle and geography.

Application segment is segmented into ADAS & Safety, Connected Services, Autonomous Driving, HMI, V2X, and Infotainment

Software Layer segment is segmented into OS, Middleware, Application

EV Application segment is segmented into Charging, Battery, and V2G

Regionally:

Geographically, global Automotive Software market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/automotive-software-market-trends-forecast-till-2028

Competitive Landscape

Key players in global Automotive Software market are 

Robert Bosch (Germany), 

NXP Semiconductors (Netherland), 

Renesas Electronics (Japan), 

BlackBerry Limited (Canada), and 

NVIDIA (US) among others.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Automotive Software market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Direct Purchase of Research Report at: https://www.delvens.com/checkout/automotive-software-market-trends-forecast-till-2028

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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The Automotive Software Market report answers a number of crucial questions, including:

Which companies dominate the Automotive Software Market?

What current trends will influence the market over the next few years?

What are the market’s opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

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[omplast]

Electric vehicle parts manufacturer in Delhi

Omplast India authorized manufacturers of Electric vehicle parts in Delhi, India. We have been in the automobiles industry for more than 10 years now and have been serving a long list of Happy customers since then. We offer 3s i.e. Sales, Spares and Service facility at our dealership,

The core of electric vehicles is the three-electric technology, motor, battery, and electronic control technology. With no clutch or gears EVs can accelerate smoothly and quickly; they often feel like you're driving a sports car. A fully electric car has fewer moving parts, so they come with less ongoing maintenance costs. In fact, there are about 20 moving parts in an electric engine, compared to nearly 2,000 in an ICEV!

Visit our site - https://omplastindia.co.in/

[chargemygaadi]

Automotive Battery Manufacturers in Delhi | Charge My Gaadi

Whether it’s a Delhi market or Indian Automotive market, battery market is flooded with Make in India batteries. We have a list of companies serving various clients in India for the supply of batteries in no time with different categories solutions on board. China being the strongest of all, also being the largest battery manufacturer in world. India is also reporting significant growth in battery productions with the impeccable growth in sales sector. India administered the ever-highest growth after the hike in covid cases in the country with zeal of AtmaNirbharBharat and will develop to Indian products in the market.

Though there is a list of battery manufacturers in India, few of them earlier importing batteries from China and re-sale them in India, however this picture is changed now. People are just importing raw material from China if needed, else all the battery manufacturing is being witnessed by India here itself. The battery industry in India comprise of automobile, SMF i.e Sealed maintenance free, tubular and Lead Acid batteries, with Lithium-Ion batteries witnessing a hike after many hurdles, all are registering a growth of 25-30% in the industry. With the Lithium-Ion batteries taking the place of Lead Acid batteries in coming time. India is expected to administer a sharp increase in sales by the end of this year. Automotive battery manufacturers in Delhi have become one of the essentials markets of the country. Delhi is becoming the hub of battery suppliers in India. Even the demand of importers for the Indian batteries has also geared up at a faster pace. Battery makers have their eyes set on the India Lithium-Ion market which is witnessing the attention of many. In India, about 3 million fossil fuels powered vehicles are sold. The country’s EV policy is geared up towards two-wheelers, three-wheelers, and toward public transportation. Automotive battery manufacturers in Delhi played a major role in setting up the market for various states and working even as a hub for many. ChargeMyGaadi works in close collaboration with many battery OEMs to work as together for vehicle manufacturing companies. 

ChargeMyGaadi’s main objective to work with battery OEM’s is to facilitate the full package for two-wheelers and three-wheelers, as both can be supplied with the vehicles. Even the Mumbai based firms are setting up the manufacturing units for Lithium-Ion battery components. The plants are being set up in Karnataka. The covid-19 pandemic has brought us to the fact that India must become a self-reliant country to tackle the other countries and by not being dependent on other country. India is planning and following an aggressive EV policy. Public transport has become the first step of EV policy by the government. The various states are adopting this aggressively to promote the adoption of EVs and EV technology. There are many firms which are setting-up the manufacturing units for the raw materials of Lithium-Ion batteries and chargers. The companies are even setting up the target-oriented research and development laboratory to improve the quality of material further.

Automotive battery manufacturers in Delhi played a major role in developing market for the country. There are many companies, factories, manufacturing units that are being set-up to promote the EV adoption in the state and country. Lead Acid batteries and Lithium-Ion batteries are being manufactured at a wider scale. Though, Lithium-Ion batteries and chargers are going to dominate the state and country in coming time.  Country is in urgent need of Electric mobilization not because of hundreds of reasons but just one reason of pollution.

[poojainn-blog]

UBERAIR IS A REALITY AFTER FIRST SUCCESSFUL TEST

technology blogs Uber was first founded in 2009 by Garrett Camp and Travis Kalanick with the name UberCab. At that time Garrett Camp travel to his friends home for New Year eve and he hire a private car and spent $800 for traveling then he was trying to figure out that he should make the services that is more affordable for everyone or for the average person.

First employee of UBERCAB comes from twitter he tweets on Travis Kalanick and his name is Ryan Graves, he is also become the General Manager of a company and given 5-10% of the company. Soon after he was become the CEO of company.

In 2010 company name is still UberCab and after that its name becomes UBER. Uber logo has changed 3-4 times and now in Sept2018 the UBER new logo is finally revelled.

Now UBER want to bring fly taxies in five countries include Japan, India, Australia, Brazil and France. Uber announces that in America Los Angeles and Dallas will be the first cities where in 2020 Uber will do fly taxi demo. The cities and countries list includes Japan and the cities of Tokyo and Osaka; in India with Bangalore, Delhi and Mumbai: Melbourne or Sydney in Australia; In Brazil Rio de Janeiro and Paris, France, Where Advance Technologies Centres announced by Uber to study and develop flying cars. As expected by 2023 flight offered to the commercial fliers. Uber is also looking for third international city to partner with.

There is an expo in Japan where Uber presented potential flight path for cities that how it is looking when you ordered short plane ride through an app.

Preference is more in high density metro area more than 2 Million people so that pooled fligh make sense. Uber also wants “polycentric” regions (Superstructure of good urbanism) (urban areas made up of multiple cities). Uber can also work on the cities where Uber used mostly. Uber also give presentation on their services and shows that their fly planes will fly low to keep the airspace free and also have low noice.

In the Uber Elevate Summit Project UberAir a flight sharing network with electric vertical take-off and landing (e-VTOLs) aircraft. The electric plan goes 60 miles on a charge and this is expected to cruise at about 150 mph and reach about 2,000 feet. That is so woeful speed by UberAir flight this means commercial fliers can easily makes miles travelling easily and this UberAir is about to launch in 2023 and in 2020 in America fly taxi demo will be held. So as expected after one year we may see a successful launching of UberAir. Uber is partnering with some companies like Karem, Bell, Aurora Flight Sciences, Pipistrel Aircraft and Karem Embraer to build and maintain its craft and that can fly 60 miles at an altitude of about 1,000 feet at a single battery charge.

Uber basically want to launch their uberPoll shared service in the sky also that’s agraet services by any cab service provider and Uber also knows that in launching UberAir , Uber will lose much money. Khosrowshahi called this is the “real challenge,” for Uber and its partners to launch UberAir.

After seeing six final designs for UberAir’s skyports made up by architecture firms shows how fantastic and beyond the imagination, even if the team is working with the Federal Aviation Administration and NASA. But these changes in the cities will not happen overnight and Uber aims and plan to launch soon by 2023.

FLYING UBER TAXI WILL BECOME REALITY

The first successful test flight of Boeing’s autonomous passenger air vehicle (PAV), the battery powered aircraft is 30 feet long and 28 feet wide and it looks like a giant drone. Pilotless air taxis seems that it becoming reality soon after complete first successful its first test flight of a passenger air vehicle, it sounds really interesting passenger air vehicle and by 2023 through Uber and its partners make this possible. In 2017 manufacturing acquired Aurora Flight Sciences which working with Uber to create airborne ride-sharing network. The battery has a range of about 50 miles. Boeing, along with rival Bell a maker of Helicopters is now partnering with Uber to soon develop PAVs for future services. PAVs also develop Airbus and the German start-up Volocopter. But for the launching UberAir they need for Federal Aviation Administration approval may push the debut further out.

Experts also believe that according to traffic India is also a prefect country to elevate this. China or several southeast nations will expel from positions and they believe that India is the biggest market after US. In Delhi, Mumbai, Kolkata and Bangalore these cities having much traffic in India, and due to traffic congestion costs Rs.1.5 Lakh Crore ($21 billion) each year.

Now Uber going to make the reality through UberAir now we can see taxis in air also, now all are waiting for this big launching and this is expected that 2023 will be the huge year for new technology and after the successful demo now Uber and its partners are sure that this launching will boom this year and traffic is also less through this and the air taxis launched with low noise pollution, and traveling area in a miles will be covered in minutes now all have eyes on the fares but this dream becomes reality that now taxis is fly in the sky’s. 

About NOOBFEEDS. It’s a One stop technology blogs provides you info about technology, trending, business and start-ups

[irvinenewshq]

Buffet-backed BYD faucets India as newest market amid international push By Reuters

© Reuters. FILE PHOTO: A lady walks previous a BYD signal on the second media day for the Shanghai auto present in Shanghai, China April 17, 2019. REUTERS/Aly Track By Aditi Shah NEW DELHI (Reuters) -Warren Buffet-backed Chinese language electrical carmaker BYD launched its first passenger automobile in India on Tuesday, an electrical sport-utility automobile (SUV), marking its entry into the mainstream market amid a broader international enlargement. BYD launched the Atto 3 electrical SUV, fitted with its famend Blade battery expertise, with a plan to nook 40% of the nation’s electrical automobile market by 2030. The transfer comes amid a wider international push by the Chinese language carmaker which has begun promoting EVs and plug-in electrical hybrids in markets all over the world, together with Norway, New Zealand, Singapore, Brazil, Costa Rica and Colombia. Earlier this 12 months, BYD mentioned it might begin promoting its passenger EVs in Japan from 2023 and likewise arrange a facility in Thailand to supply vehicles from 2024. “India might be one of many key markets in BYD’s international portfolio,” Sanjay Gopalakrishnan, senior vice chairman of electrical passenger autos at BYD India, informed Reuters. Over the subsequent 12 months, BYD intends to promote 15,000 items of the Atto 3 in India, the place it has already invested over $200 million, and plans to arrange a neighborhood manufacturing facility sooner or later, it mentioned in a press release. Forecaster LMC Automotive expects BYD’s international gross sales to develop to 180,000 items by 2030 from an estimated 18,000 items in 2022, paling in opposition to the outlook for China gross sales which can be projected to succeed in 2.6 million items by 2030 from an estimated 1.9 million items in 2022. BYD’s India push comes amid tight scrutiny of investments from bordering nations, together with China. Strict controls on such incoming investments pressured Chinese language carmaker Nice Wall to shelve its $1 billion India entry plan. Gopalakrishnan mentioned BYD already has a producing plant in India the place the annual capability can go as much as 15,000 items, indicating no rapid want for funding. Past that the corporate is “nonetheless exploring” what it must do, he mentioned. The Shenzhen-based auto and battery producer, which incorporates Buffett’s Berkshire Hathaway (NYSE:) as an investor, has taken a cautious path to rising in India – a promote it entered in 2007 producing batteries and elements for cell phone makers. In 2013 it began constructing buses with a neighborhood Indian companion and in 2021 it launched its e6 EV for company fleets. “The gradual construct technique permits BYD to get a really feel of the enterprise setting and establish the challenges to then adapt its enterprise mannequin and technique,” mentioned Ammar Grasp, senior supervisor, Asia Pacific Car Forecasts at LMC. Nonetheless, future investments is probably not fully straightforward given the present authorities protocols, he mentioned. Electrification is gathering momentum on the earth’s fourth-largest automobile market, the place home firms like Tata Motors (NYSE:), India’s top-selling EV maker, and Mahindra & Mahindra are boosting their investments whereas international gamers like BYD and Kia Motor are bringing in premium fashions. Originally published at Irvine News HQ

[avalonglobal]

Future of e-Mobility in India - Avalon Global Research

Introduction

Electrification of vehicles is probably one of the most impactful technological developments in the automotive industry in several decades. Despite governmental incentives to spur up the adoption of EVs across most major markets, adoption remains restricted to few European countries, China and the US (to an extent). Key barriers to large-scale adoption of EVs are high cost of batteries, and concerns regarding charging infrastructure and driving range.

Global Scenario

Globally, the governments’ concerted policy push and innovations from automotive manufacturers will make the coming decade, the decade of the fully electric car. Battery prices have reportedly fallen by ~70% since 2010 enabling the electric cars to be as cheap and powerful as fuel-powered cars. However, the prices need to come down even more to make the vehicle prices at par with conventional vehicles. The price of a battery of an electric car accounts for more than half of the vehicle’s production costs. According to the International Energy Agency (IEA), an estimated 70 million EVs will be on the roads by 2025. Countries around the world have realised the potential of electric cars, giving a boost to e-mobility. Countries like China are incentivising e-mobility with tax breaks, EV credit policies, research subsidies, etc. while countries including the UK, France, Norway and India are looking to adopt e-mobility at a larger scale and ultimately phase out ICE engines in the next decade or so.

The situation closer to home

In India, the EV market continues to be largely limited to mass and low-cost segments such as two- and three-wheelers. The trend started with e-rickshaws as early as 2010 and was initially restricted to Delhi and a few major cities in the country. In the last few years, the segment sales saw a significant increase, though dominated by a host of unorganized players and few reputed names. EVs, with its promise of cleaner air in our highly polluted cities, have garnered attention not only from the Indian automobile industry but also from the government and the people as well. Despite the benefits of switching to an electric vehicle, the penetration and growth of EVs in the Indian automobile industry have been low compared to other developed countries. According to reports, the EVs have a market penetration of only 1-2% of the total vehicle sales in India. The domestic EV industry’s size stood at 156,000 units in FY20, including 152,000 electric 2-wheelers and 3,400 passenger vehicles and 600 e-buses. These numbers do not include the e-rickshaws, which is largely unorganized. While there are many reasons for the lack of sustainable demand for EVs in India, it majorly stems from the fact that India is yet to have a standard world-class infrastructure for an EV ecosystem. An evolution in the Indian e-mobility ecosystem in line with global benchmarks will create a strong impetus for the shift from ICE to EV.

Government support will be key to higher penetration

India needs to adopt a goal for a holistic e-mobility ecosystem which can comprise of EVs, charging infrastructure, e-mobility service providers (car sharing, rentals, etc.) and favourable regulations to keep up with rest of the world in terms of EV penetration. Realising the benefits of EVs, there has been a collective effort for policy push at the national level to promote e-mobility, especially after India’s commitment to the Paris climate agreement. Apart from 100% FDI under the automatic route, there have been several initiatives taken to maintain global standards of mobility in the future. India has set up the National Electric Mobility Mission Plan (NEMMP) 2020 and Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) schemes with an intent to have an electric-only future for automobiles by 2030. Also, a lower GST rate (12%) has been levied on EVs compared to other vehicle categories.

One major area of concern, charging infrastructure for e-mobility has seen positive developments from some state governments. For example, in Delhi, the government has legalised charging stations for e-rickshaws with a hope that such incentives will promote undertaking by the civic agencies and private players. The Ministry of Power declared that setting up of Public Charging Stations (PCS) shall be a de-licensed activity to bolster the charging infrastructure. Private charging stations will be permitted at residential places, and any charging station can get electric power from any company through open access protocols.

There is a promotion of e-mobility in public transport and so there has been a rise in e-rickshaws and e-buses which are mushrooming as public transport modes in Indian cities. Due to the lower cost of operation and economical fares, Delhi is believed to have almost 1 lakh e-rickshaws plying on its roads, while Kolkata will see an upgrade to e-rickshaws soon. The Ministry of Heavy Industries has shortlisted 11 cities in India for the introduction of EVs in their public transport systems under the FAME scheme. It has also approved the FAME-II scheme with a fund requirement of INR 10,000 crore for FY 2020–22, with a focus on public charging, 2 and 3 wheelers, commercial fleets and public transport. Along with the growth of incubation centres for start-ups working in the EV segment, the National Mission for Electric Mobility, set up by the government, launched NEMMP 2020 and plans to invest INR 1,400 crore in the next 8 years for the development of electric infrastructure in the country. The Electric Vehicle Policy 2019 announced last year offers to waive off-road taxes and registration charges till 2024 and provides high subsidies on charging equipment.

Various policies and initiatives have been also been taken by state governments to develop the EV ecosystem in their states by promoting employment generation and development of EV manufacturing hub. Other measures include investment in R&D for battery manufacturing, creating an EV venture capital fund while providing tax exemptions for manufacturing and land subsidies, as well as allocated parking spaces for EV in commercial spaces, etc.

Initiatives by the OEMS

The Indian automobile industry is not far behind when compared with global companies in their development of e-mobility. Various actions are taken to ramp up industry action and companies are designing and testing products suitable for the Indian market with a key focus on 2 & 3 wheelers. Investments are made by car manufacturers to ramp up EV production, despite the lack of adequate charging infrastructure in the country and frequent regulatory changes. Automotive OEMs are wary of a government push to fully eliminate the ICE vehicles, however unrealistic that may seem. The manufacturers will likely prefer a technology-agnostic approach to clean mobility so that the industry gets enough time to prepare for the transition. The rapid growth in e-mobility has also led to the emergence of start-ups who are betting on their higher nimbleness and adaptability to outpace their larger counterparts. However, among the dozen or so start-ups active in e-mobility, not many have strong financial backing. In the long run, this will get reduced to the top 3-4 players who will likely give the established companies a run for their money.

Collective effort required to change the mindset of Indian consumers

It is always a challenge to break away from old norms and establishing new consumer behaviour. In this case, to shift the focus from conventional ICE vehicles to the more advanced and beneficial EV segment. Hence it is common to find consumers anxious about the technicalities of EVs such as speed and range. OEMs will need to address consumer concerns such as the resale price of an EV, replacement of batteries in ownership cycles, availability of charging points, and repair of EVs in case of a breakdown to drive higher adoption of electric mobility by consumers. Another major barrier is the limited number of EV models currently available in the Indian market. Thus, a lot of sensitisation and education is needed, in order to bust several myths and promote EVs in the Indian market.

Conclusion

E-mobility is here to stay and will remain so in the next couple of decades, slowly replacing the traditional ICE vehicles at least in some segments. How soon we get there will depend on factors such as government support to OEMs in terms of subsidies and tax/duty concessions, a radical change in consumer mindset in favour of owning an EV and significant improvements in the charging infrastructure across the country. The entry of a large number of start-ups in the EV mobility value chain is a testament to the growth potential in the country’s e-mobility landscape. At a time when the Indian automotive industry is bracing itself for another tough year owing to the COVID-19 pandemic, the pace of EV adoption may slow down in the near to medium term. However, once the situation stabilizes and the stakeholders are back to investment-mode, we will still see more EVs on our roads in the coming few years. Whether they will replace the ICE vehicles by 2030 or 2035 remains to seen.

Author: Prasanth R Krishnan

Prasanth works as an Associate Director with Avalon Global Research and is primarily responsible for project delivery, client management and business development. He has over 14 years of experience across research, consulting and financial services industries. At Avalon, his focus industries are Automotive and Industrials along with ICT. Outside of work, he is an avid Automotive enthusiast and likes to keep track of all the latest developments in the Automotive world.

[alwaysfirst]

Electric scooters, buses steal show at EV Expo in Delhi

Around 100 e-vehicle companies -- both domestic and foreign, showcased their latest pollution-free e-vehicles at the three-day 'EV Expo', that concluded on Sunday, at Pragati Maidan in Delhi. The expo also showcased Lithium-ion batteries and the latest charging solutions. The expo also saw some exciting innovations, including electric cars and buses from Lithium Urban Technologies Pvt Ltd, India's largest zero emission corporate services company. At the same time, there was a an exhibition of Greencell Mobility Electric Buses, which received lots of attention from the people. Along with this, Altius Auto Solutions also introduced a 'high-speed' electric two-wheeler with 2,000W motor that claims a maximum speed of 70 kmph and mileage of 110 km per charge. The price of this scooter will be around Rs 85,000. Apart from this, two stylish e-scooters 'Habibi' and 'e-Noa' powered by 48V 27Ah Lithium-ion battery by A-One Energy Pvt Ltd which is a Mohali-based start-up in e-mobility space also took part in the expo. This scooter delivers a mileage of 80 km per charge, and its price starts from Rs 60,000. EV Expo 2022 organiser Rajeev Arora said: "We are delighted to have around 100 exhibitors from across India, and are even more excited by the number of visitors on day one. The number of new launches in electric 2 and 3 wheelers as well as battery and charging solutions etc., proves the need of a platform like EV Expo at this juncture which provides a very special opportunity for manufacturers to unveil and showcase their innovations developed over the last 12 months." Read the full article

[semaconnect2022]

Top 5 Reasons to Buy an Electric Car Now

Indian automobile drivers are warming up to the idea of EVs. In August 2021, Tata Nexon EV clocked a monthly sales of 1022 units, which was the first time an electric car in the personal segment recorded a 4-digit sales figure. Moreover, the demand for the EV variant is at par with the Diesel variant for Nexon.

So, clearly there is a shift towards EV ownership, mostly amongst innovators. But what is driving this change? This article tries to answer that.

1. The government subsidies are making electric cars more affordable

Central government through its Faster Adoption and Manufacturing of Hybrid and Electric vehicle (FAME) II policy, (validity extended from March 2022 to March 2024) provides benefits of a maximum of Rs 1.5 lakh (Rs 10,000 per kWh of the battery capacity).

Over and above the FAME II subsidy, various state governments like Delhi, Gujarat, Maharashtra, Karnataka, AP and Telangana are supporting EV adoption by waiving off registration and road tax.

2. Fuel prices are skyrocketing

Petrol and Diesel are at all time highs with an increase of 20% since the year started and with no end in sight to when the prices are going to be decreasing. While EVs are priced at a premium, the increasing fuel prices brings parity to the Total Cost of Ownership. Plus if you are an EV driver, your blood need not rush the next time there is a news bulletin on the increasing fuel charges.

For the uninitiated, read more about TCO here.

3. Low maintenance costs

Adding ‘fuel’ to the fire on the Total Cost of ownership of a vehicle is the maintenance costs. EVs are much cheaper to maintain in comparison to the traditional ICE vehicles. To quote Tony Seba, author and EV evangelist, a typical ICE Engine will have 2000+ moving parts in comparison to an EV with about 18 moving parts. Think about all the money you can save in spares and replacements.

Read more: https://semaconnect.in/2021/09/top-5-reasons-to-buy-an-electric-car-now/

[mitcorerbarshi]

Electric Vehicles: Future of Transportation

Out of the 10 most polluted cities in the world, 9 are located in India. All these cities, including Greater Noida, Noida, Lucknow and Delhi, located in north India, though very harmful to the environment and human health, contribute to many factors in this pollution, vehicular pollution plays a significant role in this.

It is not surprising, therefore, that the gradual but continuous spread of electric vehicles in India is being encouraged. At the same time, in terms of our capacity for transport, we have returned to the earlier status quo. In the 1900s, the whole debate in favor of electric vehicles (EV) was strong to kneel before fuel-based vehicles, but hopefully it will not happen now.

In the new scenario, with growing support for electric vehicles, India needs to prepare itself with incentives for car companies and consumers to adopt better charging infrastructure, battery manufacturing factories and electric vehicles.

Electric Vehicles (EVs)

Electric vehicles are powered by electric motors instead of internal combustion engines and are fitted with batteries instead of fuel tanks. In general, the operating cost of electric vehicles is low as their operating process is simple and they are also environmentally friendly. In India, the fuel cost for electric vehicles is about 80 paisa per kilometer. 7-8 per kilometer on petrol-powered vehicles with petrol price of more than Rs.100 per liter in Indian cities.

Possibilities in India

The private sector has welcomed the necessity of electric vehicles. Companies like Amazon, Swiggy and Zomato are making more and more use of EVs for their delivery operations. Mahindra-like car maker's partnership with a consumer service provider like Ola and Tata Motors' partnership with Blue Smart Mobility will ensure more electric vehicle delivery and ride-hailing services.

Associated Challenges

Lack of charging infrastructure: The most serious challenge related to electric vehicles is the lack of charging infrastructure in India. Electric vehicles are usually powered by lithium-based batteries.  These batteries usually need to be charged every 200-250 km. Therefore, there is a need for a thorough expansion of charging points. Slow charging problem: It takes up to 12 hours to fully charge EVs at home using a private light-duty slow charger. Only select charging stations are available across the country as an alternative to this technical problem of slow charging at home. The number of these charging stations is very inadequate for a large and densely populated country like India. Lack of a stable policy for electric vehicle production: Electric vehicle production is a capital intensive sector, where long-term planning is needed to achieve equality and profitability. The uncertainty of government policies related to electric vehicle production discourages investment in the industry.

Technical Challenges

India is technically backward in terms of electronics production, while batteries, semiconductors, controllers, etc., are considered very important for the electric vehicle industry. Lack of associated infrastructure support: Lack of clarity with regard to 'AC vs DC' charging stations, grid stability and 'range visibility' (fear that batteries will soon run out) are some other factors, hampering the growth of the electric vehicle industry. Reduction in availability of material for domestic production: Battery is the most important component of electric vehicles. There is no known reserve of lithium and cobalt in India, which is essential for battery production. India is dependent on countries like Japan and China for import of lithium ion batteries. Shortage of skilled workers: EVs require constant servicing and high level skilled skills for servicing. India lacks training courses dedicated to such skill development.

The way forward

Enhancing R&D in electric vehicles: The Indian market needs incentives for indigenous technologies that are India friendly both strategically and economically. Since investment in local R&D is essential to bring down prices, it would be appropriate to seek the cooperation of local universities and existing industrial centers. India should work closely with countries like the United Kingdom and make the development of electric vehicles consistent. Making people aware: Breaking old norms and building a new consumer behaviour is always challenging. Therefore, there is a need to make people aware and sensitive to address the apprehensions prevailing in the Indian market and to promote electric vehicles.

Viable power pricing

'Home charging' can also be a problem given the current electricity prices. In a bet of power prices, other options have to be tried in lieu of coal based thermal power plants. Thus, the entire power generation scenario also needs to be changed to facilitate the development of electric cars. It is heartening to note that India is on track to become one of the largest solar and energy storage markets in the world by 2025. The combination of solar powered grid solutions will ensure adequate charging infrastructure as a green alternative. Building a closed-loop mobility ecosystem: Subsidizing manufacturing for electric supply chains will definitely improve the growth scenario of electric vehicles in India. A strong supply chain will also need to be set up along with charging infrastructure. In addition, recycling stations of batteries will need to recover metals (used for electrification) from batteries to produce a close-loop. Chinese and South Korean companies are known to be the largest suppliers of lithium-based EV batteries. A new global system may emerge to replace the Organization of Petroleum Exporting Countries (OPEC). With better charging infrastructure, battery manufacturing factories and smart incentives for car companies and consumers to adopt electric, India will have to prepare a plan to find its suitable place in this new system.

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[blueweave8]

India Electric Vehicle Battery Market Analysis, Scope, 2022-2028

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that India electric vehicle battery market is thriving and estimated to grow at a CAGR of 28.5% during the forecast period of 2022-2028. A major driver of India's electric vehicle market is the growing penetration of electric vehicles on Indian roads due to volatile prices of nonrenewable fuels, such as petrol and diesel. Additionally, the growing concern towards carbon emission and its impact on the environment is also influencing the demand for electric vehicles in the market, which is anticipated to propel the electric vehicle battery market during the forecast period. With the surging demand for EVs, the electric vehicle manufacturers are also expanding their production capacity, which will further fuel the demand for EV batteries in the Indian market. However, the huge demand and supply gap for electric vehicle batteries may act as a huge restraining factor for India electric vehicle market.

Development of Public Transport is Anticipated to Drive the India Electric Vehicle Battery Market

The governments of various states are investing significantly in developing public transport for infrastructural development and are launching electric buses for these purposes. For instance, Karnataka has recently delivered 90 electric buses to Bangalore Metropolitan Transport Corporation (BMTC) for its first electric bus project. Additionally, Uttar Pradesh plans to launch its first set of electric buses in Ghaziabad by 2022. Government investments such as these are projected to increase the penetration of EVs on the Indian market, causing demand for battery packs for electric vehicles to grow.

High Concentration of EV Manufacturers is Estimated to Propel the Market Growth during The Forecast Period

In India, there is a high concentration of electric vehicle manufacturers, significantly contributing to the demand for electric vehicle batteries. Mahindra Electric, Tata Motors, Ashok Leyland, Hero Electric, etc. are leading EV manufacturers in India. These manufacturers investing huge amounts into expanding their production capacities to meet the growing demand for electric vehicles. For instance, Bajaj recently announced the investment of Rs. 300 crores (USD 40 million) into a new manufacturing unit in Pune. Such investments are anticipated to propel the demand for electric vehicle batteries in the upcoming years.

Request for Sample Report @ https://www.blueweaveconsulting.com/report/india-electric-vehicle-battery-market/report-sample

India Electric Vehicle Battery Market - By Vehicle Type

Based on vehicle types, India electric vehicle battery market is segmented into passenger cars, auto-rickshaws, vans/light trucks, medium & heavy trucks, buses, off-highway vehicles. Among these, the electric auto-rickshaws segment accounts for the largest market share. E-rickshaws have opened up new business opportunities for Indian rickshaw drivers since they require a small investment to make a living. India had more than 15 lakh e-rickshaws in 2021, according to a report by the Down To Earth Organization. E-Rickshaws are emerging as an effective mode of public transportation, which is expected to propel market growth in the forecast period. However, the passenger cars segment is projected to witness the highest growth rate during the forecast period owing to the expanding production of such vehicle types.

India Electric Vehicle Battery Market - Regional Insights

Geographically, the India electric vehicle battery market is segmented into North India, South India, East India, and West India. Among these regions, North India dominated the India electric vehicle battery market in 2021. According to the data by Road Transport and Highways Minister Nitin Gadkari, there are around 870,141 electric vehicles registered in India, out of which 255,700 are in Uttar Pradesh, followed by Delhi which has 125,347 electric vehicles. Due to this, the demand for electric vehicles is very prominent in North India.

Impact of COVID-19 on India Electric Vehicle Battery Market

The unprecedented COVID-19 outbreak tremendously impacted the growth of India electric vehicle battery market. The manufacturing and production activities for electric vehicles and their batteries were halted due to the lockdown and shortage of labor. Furthermore, restrictions on the mobility and distribution channels also directly influenced the demand for electric vehicle batteries for replacement purposes. However, the pandemic is expected to have a positive impact on the market due to the increasing awareness about sustainability and the environment, which is projected to boost the demand for electric vehicles.

India Electric Vehicle Battery Market- Competitive Landscape

The leading players in the India electric vehicle battery market are Amara Raja Batteries Limited, Toshiba India Pvt. Ltd., Tata AutoComp GY Batteries Private Limited, Exide Industries Ltd, Samsung SDI Company Limited, Hero Electric Vehicles Pvt. Ltd., Panasonic India Private Limited, Okaya Power Pvt. Ltd., Exicom Tele-Systems Limited, Maruti Suzuki, and other prominent players.

About Us

BlueWeave Consulting (BWC) provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com

[chargemygaadi]

Charge My Gaadi - Professional and experienced Electric car battery suppliers in Delhi , Automotive Battery Manufacturers in Delhi, and EV Electric car battery suppliers in Delhi.

[souvikdutta]

Electric or CNG? Which car will be best for you, know the advantages and disadvantages

New Delhi, Auto Desk. Petrol and diesel prices are increasing continuously. In such a situation, people are leaning towards electric and CNG vehicles. The auto industry has seen a lot of changes in the last five years. Automobile companies are focusing more on making electric and CNG vehicles. Preference has been given to the option of more affordable vehicles for the customers. Talking about this year, the sales of electric vehicles and CNG-powered cars in the Indian market have seen a boom than ever before.

Experts say that the sales of electric cars are still much lower than the total vehicle sales in the country, but it has seen a huge increase compared to last year. There has also been an increase in the sales of CNG vehicles. Let us know what are the advantages and disadvantages of buying an electric and CNG car?

Advantages of CNG vehicles

Talk about CNG vehicles or cars, they run on compressed natural gas in India for a long time. There are many car manufacturers such as Maruti Suzuki and Hyundai Motor, which sell the maximum number of such vehicles. One of the major advantages of CNG vehicles is the lack of dependence on fossil fuels and low cost.

Despite the increase in the price of CNG, it is much lower than the prices of petrol and diesel. There has been a huge jump in the prices of petrol and diesel in the last one year. But people running on CNG vehicles have not been burdened much. The price of petrol in the country is currently around Rs 95, while the price of CNG is around Rs 53.

The specialty of CNG cars is that you get the option of running on petrol and diesel in it. If someone runs out of CNG, you can use petroleum to take the car to the next CNG fuel station. CNG-run vehicles are also helpful in curbing pollution.

Disadvantages of CNG vehicles

Buying a CNG car is not always a good idea either, as a car covers a lot of space once a CNG kit is installed. The space that should have been there for your luggage or a separate feature, that space is covered by the cylinder. The CNG kit is usually installed in the boot space of the car, so that you cannot load your heavy stuff in the vehicle.

The second most important thing is the availability of CNG stations across the country. Still it is difficult to find CNG stations in some states or cities of India. You cannot travel to such places without petroleum. In such a situation, you always have to think about the long drive.

The third and biggest reason is the performance of the vehicle. The use of CNG usually affects the performance of the vehicle after a certain period. The power output of a CNG car can be as low as 10 percent as compared to the output of a petrol or diesel car.

advantages of electric vehicles

Electric vehicles are now getting encouragement in India. Several states have announced electric vehicle policies. These EV policies generally attract buyers to switch to electric cars. Even now, RTO fee or road tax is not levied at some places for buying an electric vehicle.

Electric vehicles are the cheapest to drive. The running cost of an EV car is less than that of a CNG vehicle. Its maintenance cost is almost zero, which frees the customers from getting servicing time to time. The cost of getting the service done again and again is directly saved.

Electric vehicles are preferred around the world due to their zero carbon emissions. Almost every country is battling pollution, in such a situation, electric vehicles are the most helpful in reducing pollution.

disadvantages of electric vehicle

Talking about its disadvantages, EV vehicles in India are still very expensive. Common man cannot buy it. The use of expensive batteries in the vehicle means that the cost of electric vehicles is higher than normal cars. Even the electric two-wheelers cost a lot more than their ICE counterparts.

E-charging stations and vehicle range are still a challenge for e-vehicles. For those who are ready to shift to EVs, the biggest challenge for them is the range of the vehicle. This challenge is also directly related to the lack of EV infrastructure in the country. Compared to CNG or petroleum, electric charging stations are currently available in very few and limited places. Most of the affordable EVs offer a range of less than 400 kms on a single charge, which is not good for long drives.

[royalinfradholera]

5 reasons to invest in Dholera Special Investment Region in 2021

1. India’s Electric Vehicle (EV) production center

The Gujarat authorities’s electric-powered car subsidy application has acquired lots note and acclaim, however, there may be something even greater exciting for traders. The Gujarat authorities are supplying EV manufacturers with a profitable unique subsidy of 12 percentage on constant capital funding. It additionally pursuits to look lakh EVs on Gujarat’s roads in the approaching 4 years. When that is blended with Dholera’s infrastructural improvement and similar funding opportunities sought through substantial automakers, the place is predicted to emerge as an outstanding EV production hub. This phenomenon will result in the technology of employment possibilities withinside the place and consequent residential actual property growth.

To supply credence, the Tata Group has introduced its purpose to construct a lithium-ion battery production manufacturing unit. In this regard, they've already bought 126 acres of land in the Dholera SIR Activation Zone. Dholera is likewise expected to advantage of the Central Government’s decided efforts to show India right into an international EV production powerhouse.

2. The flagship Special Education Region:

The Gujarat Special Education Region (G-SER) has been delivered to the Dholera SIR mission recently. This challenge is the primary of its type to appoint a Public-Private Partnership (PPP) method to strengthen an international training center. Until recently, Vallabh Vidyanagar in Gujarat’s Anand district become appeared as one of the exceptional instructional zones withinside the country. However, G-SER is now gearing up to elevate the bar through facilitating the advent of world-magnificence instructional centers related to domestic and overseas instructional institutions, for this reason bolstering the place's social amenities.

3. Upcoming Giga factories and Jio telephone manufacturing unit

The tendencies at Dholera SIR have come as opportunistic information for actual property traders. Dholera may even host the producing facility for 'JioPhone Next'. Google’s top brass has already all started surveying the place. If we integrate this challenge's development with the USD 8 billion really well worth of Giga plants, we will see next-era industrialization taking vicinity at Dholera.

4.The push for inexperienced strength alternatives

The world’s biggest single-location 'Ultra Mega Solar Power Park' with 5,000 MW potential has been deliberate in Dholera SIR after being accredited through the Central Government. In the Dholera Special Industrial Region, a sun molecular production plant with a potential of 2,000 MW is presently underway, with 15 MW already nearing completion.

5. Connectivity on a countrywide and global scale

Dholera International Airport’s Phase 1 production tenders have already been awarded, and Phase 2 tenders can be launched soon. In addition, the Central Government has accredited a suggestion to attach Ahmedabad, Dholera, and Gandhinagar through high-velocity metro rail. The challenge may have phases. Phase 1 will join Ahmedabad to Gandhinagar, at the same time as Phase 2 will hyperlink Gandhinagar to Dholera through GIFT City.

Besides the metro hall, the Gujarat authorities have granted the go-in advance for the State’s first monorail challenge, so one can run among Ahmedabad and the Dholera SIR. The monorail can be an improved structure, strolling parallel to the deliberate Ahmedabad-Dholera Expressway. The hall shall have seven stations. Dholera is likewise a part of the Delhi-Mumbai Industrial Corridor (DMIC).

Once complete, those delivery infrastructure tasks will pave the manner for neighborhood and global travel, inspire improvement withinside the surrounding areas, and entice large-scale residential actual property investments. With outstanding corporations making an investment in Dholera SIR and tasks just like the International Airport already starting to materialize, Indian traders must take complete benefit of the unprecedented opportunity. The destiny appears vibrant for traders as Dholera SIR is predicted to emerge as the following Dubai.

For More Details Reach to us

Royal Infra Dholera

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[blueweave8]

India Electric Vehicle Battery Market during Forecast 2022-2028

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that India electric vehicle battery market is thriving and estimated to grow at a CAGR of 28.5% during the forecast period of 2022-2028. A major driver of India's electric vehicle market is the growing penetration of electric vehicles on Indian roads due to volatile prices of nonrenewable fuels, such as petrol and diesel. Additionally, the growing concern towards carbon emission and its impact on the environment is also influencing the demand for electric vehicles in the market, which is anticipated to propel the electric vehicle battery market during the forecast period. With the surging demand for EVs, the electric vehicle manufacturers are also expanding their production capacity, which will further fuel the demand for EV batteries in the Indian market. However, the huge demand and supply gap for electric vehicle batteries may act as a huge restraining factor for India electric vehicle market.

Development of Public Transport is Anticipated to Drive the India Electric Vehicle Battery Market

The governments of various states are investing significantly in developing public transport for infrastructural development and are launching electric buses for these purposes. For instance, Karnataka has recently delivered 90 electric buses to Bangalore Metropolitan Transport Corporation (BMTC) for its first electric bus project. Additionally, Uttar Pradesh plans to launch its first set of electric buses in Ghaziabad by 2022. Government investments such as these are projected to increase the penetration of EVs on the Indian market, causing demand for battery packs for electric vehicles to grow.

High Concentration of EV Manufacturers is Estimated to Propel the Market Growth During The Forecast Period

In India, there is a high concentration of electric vehicle manufacturers, significantly contributing to the demand for electric vehicle batteries. Mahindra Electric, Tata Motors, Ashok Leyland, Hero Electric, etc. are leading EV manufacturers in India. These manufacturers investing huge amounts into expanding their production capacities to meet the growing demand for electric vehicles. For instance, Bajaj recently announced the investment of Rs. 300 crores (USD 40 million) into a new manufacturing unit in Pune. Such investments are anticipated to propel the demand for electric vehicle batteries in the upcoming years.

Request for Sample Report @ https://www.blueweaveconsulting.com/report/india-electric-vehicle-battery-market/report-sample

India Electric Vehicle Battery Market - By Vehicle Type

Based on vehicle types, India electric vehicle battery market is segmented into passenger cars, auto-rickshaws, vans/light trucks, medium & heavy trucks, buses, off-highway vehicles. Among these, the electric auto-rickshaws segment accounts for the largest market share. E-rickshaws have opened up new business opportunities for Indian rickshaw drivers since they require a small investment to make a living. India had more than 15 lakh e-rickshaws in 2021, according to a report by the Down To Earth Organization. E-Rickshaws are emerging as an effective mode of public transportation, which is expected to propel market growth in the forecast period. However, the passenger cars segment is projected to witness the highest growth rate during the forecast period owing to the expanding production of such vehicle types.

India Electric Vehicle Battery Market - Regional Insights

Geographically, the India electric vehicle battery market is segmented into North India, South India, East India, and West India. Among these regions, North India dominated the India electric vehicle battery market in 2021. According to the data by Road Transport and Highways Minister Nitin Gadkari, there are around 870,141 electric vehicles registered in India, out of which 255,700 are in Uttar Pradesh, followed by Delhi that has 125,347 electric vehicles. Due to this, the demand for electric vehicles is very prominent in North India.

Impact of COVID-19 on India Electric Vehicle Battery Market

The unprecedented COVID-19 outbreak tremendously impacted the growth of India electric vehicle battery market. The manufacturing and production activities for electric vehicles and their batteries were halted due to the lockdown and shortage of labor. Furthermore, restrictions on the mobility and distribution channels also directly influenced the demand for electric vehicle batteries for replacement purposes. However, the pandemic is expected to have a positive impact on the market due to the increasing awareness about sustainability and the environment, which is projected to boost the demand for electric vehicles.

India Electric Vehicle Battery Market- Competitive Landscape

The leading players in the India electric vehicle battery market are Amara Raja Batteries Limited, Toshiba India Pvt. Ltd., Tata AutoComp GY Batteries Private Limited, Exide Industries Ltd, Samsung SDI Company Limited, Hero Electric Vehicles Pvt. Ltd., Panasonic India Private Limited, Okaya Power Pvt. Ltd., Exicom Tele-Systems Limited, Maruti Suzuki, and other prominent players.

About Us

BlueWeave Consulting (BWC) provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com