India is potentially the largest market for automobiles with electric vehicles constituting less than 1% of total automobiles on-road. One of the primary factors being lack of public charging infrastructure for such vehicles. This paper presents the potential to increase charge stations by utilizing ...
India electric vehicles market is estimated to increase from US$23.3 Bn in 2024 to US$96.1 Bn by 2031. The market is projected to record a remarkable CAGR of 22% during the forecast period from 2024 to 2031. The Indian government’s initiative to boost the electric vehicle sale and product...
The India Commercial Vehicles Market is expected to reach USD 51.09 billion in 2025 and grow at a CAGR of 5.36% to reach USD 62.95 billion by 2029. Ashok Leyland Limited, Mahindra & Mahindra Limited, SML Isuzu Limited, Tata Motors Limited and VE Commerci
Rising Penetration of Electric Vehicles in India to Spur Market Growth The COVID-19 pandemic severely crippled the auto industry, and the disruption had an impact on demand for electric vehicles. Several government initiatives with a focus on improving the electric vehicle adoption rate in the cou...
Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India. The market is likely to be dominated by electric three-wheelers as these vehicles are majorly used for passenger carrier and run...
Electric Vehicles Market Overview : According to Vantage Market Research, the Global Electric Vehicles Market is valued at USD 165.1 Billion in 2021 and is projected to reach a value of USD 434.4 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 17.5% over the projected time period...
Infrastructure development is another key factor driving the growth of the electric vehicle market in India. One of the biggest barriers to the adoption of EVs is the lack of charging infrastructure. EV owners need access to charging stations to charge their vehicles, and a lack of infrastructure...
Dudenhöffer K, Arora R, Diverrez A, Ensslen A, Jochem P, Tücking J (2014) Potentials for electric vehicles in France, Germany, and India (No. 5). Working Paper Series in Production and Energy 5 Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP), ISSN...
Electric Vehicles Battery Production India April 29, 2024 BriefCASE: Sodium-ion batteries to unseat lithium? Na, but they’ll be worth their salt March 20, 2024 BriefCASE: Race to reduce carbon footprint of electric vehicle batteries heats up February 15, 2024 Looming EV raw materials supply cr...
Electrotherm (India) Limited:It is an emerging player in this sector. An Indian tech conglomerate, Electrotherm’s operations span various segments of manufacturing and processing, including steelmaking, foundry, heat treatment, the design and manufacturing of electric vehicles, and the re...