Indian Electric Vehicle Market 2021: Battery Swapping, Emerging New Business Models, and Growing Charging Infrastructure are Set to Drive Electric Vehicles in India – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Indian Electric Vehicle (EV) Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.

The automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions and have come a long way to become an integral part of OEM’s business strategies. Automakers are creating separate EV business units to be prepared for the expected EV boom in the future. However, the surge in EV demand will create a huge need for charging infrastructure and safety regulations and standards.

India is expected to aggressively push itself toward electrification, especially in the automotive and transportation sector. Stringent emission regulations, liberal incentives and subsidies for consumers and manufacturers, high level of localization, concrete safety standards, and established technology roadmaps are few key steps that are either already taken or need to be taken by the government to ensure the success of electric vehicles in the coming years.

Domestic OEMs such as Tata Motors and Mahindra & Mahindra and foreign OEMs such as Hyundai and MG have already entered the market with their flagship EVs. They have announced ambitious sales targets and are expected to launch many new and constructive electric vehicle models (from city suited to long-range and powerful). Charging infrastructure, which is one of the major factors to drive EV adoption, are also picking up pace, with many new companies entering this space. It has opened up new business models that enable companies to position themselves either as manufacturers, operators, or payment gateways.

The study provides a detailed analysis of the current and future prospects of EVs and adjacent markets. It throws light on the various segments in the market such as two-wheelers, three-wheelers, four-wheelers, and heavy-duty vehicles.

Key Issues Addressed

• What are the various incentive schemes, both state and nationwide, in the country?
• How are various segments – two-wheelers, auto-rickshaws, rickshaws, passenger cars, and buses – performing in the country?
• What are the various start-ups in the industry?
• What is the historic and current charging infrastructure scenario, and what can be expected in the coming years?
• What growth opportunities lie in the region, and what are the critical success factors to exploit them?

Companies Mentioned

• Ather
• Bosch
• Hero Motors
• Hyundai
• Mahindra & Mahindra
• MG
• Sun Mobility
• Tata Motors

Key Topics Covered:

1. Executive Dashboard

• Electrification Roadmap – Vision 2030
• Electric Four-wheeler Market Outlook in India
• Key Offerings by Product Innovators – e2W Start-ups
• Key Parameters – Satisfaction Versus Importance
• EV Localization
• Component Localization Roadmap to be Driven by Shared Mobility

2. Strategic Imperatives

3. Market Segmentation

4. Market Overview

5. Government Regulations

6. Emission Norms in India

7. Charging Infrastructure in India

8. Electric Four-wheeler Market

9. Indian Electric Two-wheeler Market Overview

10. eRickshaw Market

11. eAuto Market

12. Electric Bus Market Overview

13. EV Components Localization

14. Growth Opportunity Universe

For more information about this report visit https://www.researchandmarkets.com/r/ctc10a

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