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Startups look to outpace OEMs in India’s electric vehicle space

March 4, 2020 by Team EAI

Earlier this year, EVNext prepared an extensive database of companies in the Indian EV ecosystem – both startups and established companies.  We have identified close to 200 startups, and about 100 companies from the established corporates that are having a skin in the electric vehicle game.  And you have read a lot...
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India’s electric vehicle ambitions could stumble on lack of Lithium

March 4, 2020 by Team EAI

Could India face a scarcity of Lithium in future on its road to electrifying its transport? This topic has been discussed so many times (including in a recent news item) at so many forums in India that a reader would assume that the shortage (or imminent shortage) of Lithum is a...
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Death of Lead Acid Batteries – Greatly Exaggerated?

March 4, 2020 by Team EAI

Introduction At EAI’s consulting division and more so at EV Next, our specialty consulting division for e-mobility and electric vehicles, we get a number of enquiries from large companies as well as startups/small businesses keen on investing in the battery space. It is fairly clear to most of them that...
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Is Solar+Storage a Growth Unit for Tesla?

March 4, 2020 by Team EAI

A recent news item from Bloomberg mentioned that financial analysts were rating Tesla higher for something beyond cars: Its solar power generation and energy storage (battery) business. Mainly because they all feel that solar + storage could provide the company as much as its electric cars do. You might wonder what...
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Tata-M&M vs Maruti-Hyundai: Auto Inc divided on electric vehicle push

March 4, 2020 by Team EAI

Recently, Maruti’s managing director & CEO Kenichi Ayukawa told FE there are no immediate plans to launch electric cars as the government support is not enough and cost of developing them is too high. While Hyundai has already launched its Kona in India, it has said it could take a...
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Expected trends in Li-ion battery prices for 2020-2030

March 4, 2020 by Team EAI

One of the hotly debated topics in the battery sector is the possible estimates for Li-ion batteries in the 2020-2030 period. Not surprising, as battery prices to a significant extent determine the final cost and hence affordability of electric vehicles. This post delves into the topic of battery prices and...
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VW prepares to take on Tesla in electric tug of war

March 4, 2020 by Team EAI

Volkswagen, until recently the world’s second most valuable car company by market cap (it was overtaken by Tesla in Feb 2020) is really preparing to take on Tesla in the electric vehicle arena. And why not? With electric vehicles being projected as being the dominant road transport technology, why would...
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Lacklustre expo lit up only by EVs and the coming China wave

March 4, 2020 by Team EAI

The EV Next team had been to the Auto Expo 2020 at Noida. We spent two days scouring all the halls (there were 10+ halls) for the latest in autos and electric vehicles in particular. And as a report in the Hindu BusinessLine says, the show overall was a bit...
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Tesla capital raising move keeps $14 billion virtuous circle rolling

March 4, 2020 by Team EAI

Tesla is on a roll. Literally and also figuratively. The company’s recent share price movement, adding billions to Elon Musk’s wealth overnight, and the company’s recent announcements and launches, have put the company firmly on the electric vehicle track again. There have also been recent items of the company raising...
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Bicycles are going electric – Hero Cycles showcases its range of electric bicycles at the Auto Expo

March 4, 2020 by Team EAI

Electric bicycles are not exactly new for Hero Cycles. The company had been toying with this category even before the EV fever caught on in the Indian market, though with mixed success. Come 2020, the company seems to have resolved that it will make serious attempts at the electric bicycle segment...
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