This post is a part of EV Next’s EV Perspectives.
EV Next, a division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.
Electric vehicles are not new – neither worldwide nor in India.
What’s new is the renewed thrust on their adoption. Until about 2016, electric vehicles had remained a small fringe of the overall automobile industry, more a fancy item for the “statement makers” than a serious competitor to ICE engines.
It appears that this is about to change.
A combination of factors – lower costs of and better technologies, increasing trend in cost of crude oil, a serious emphasis worldwide to curb vehicular CO2 emissions – are contributing to the growth of the electric vehicle sector.
In India, a similar trend is seen. While overall market volumes for electric vehicles are still very low for all types and segments, it is being hoped that the country will witness dramatic growth in the sales of electric vehicles starting 2018. The reasons for the optimism are similar to the ones noted above.
All said, electric vehicles seem to have arrived in India, or at least such a moment appears round the corner as we review the industry in early 2010. And this has made many businesses and entrepreneurs keen on the opportunities emerging from the electric vehicle sector.
Besides newspaper reports, very little is known in-depth about the specific opportunities along the electric vehicles value chain, especially in the Indian context.ing This series of posts from EV Next with the theme “Strategizing for E-mobility Opportunities in India from EAI” hopes to fill this gap by identifying and evaluating a range of opportunities along the entire EV value chain.
The following are the posts in this series:
Know more on how EV Next can assist your business in your strategy for the e-mobility and electric vehicles sectors, Here
Wish to know everything about India’s EV market from one place? Check out the India EV Expert Guide, an 800 page comprehensive guide to the Indian EV market. Here
Categories: E-mobility, Indian E-mobility Strategy
About EAI and BioBiz for Bio-CNG
BioBiz for bio-CNG, EAI's specialized consulting division for bio-CNG, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete bio-CNG value chain – feedstock sourcing, logistics, pre-processing techniques, anaerobic digestion, biogas scrubbing, biogas upgradation, end user markets for bio-CNG and digestate, and more. Send a note to firstname.lastname@example.org if you wish to take BioBiz’s assistance for the Indian bio-CNG market.
About EAI & EV Next
EV Next, EAI's specialized consulting division, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete EV value chain - Li-ion & Lead Acid Battery Cells & Battery Packs, BMS, Battery Manufacturing equipment, EV charging station, battery swapping station, Li-ion & Lead Acid battery recycling, and for a range of electric vehicles - e-bikes, electric bicycles, electric scooters, electric motorbikes, electric autos, e-autos, e-rickshaws, electric trucks, electric LCVs, electric buses and more. Send a note to email@example.com if you wish to take EV Next assistance for the Indian electric vehicle market.