ELECTRIFICATION TRENDS IN THE INDIAN AUTO MARKET
Bisinfotech|September 2023
The Indian Auto Market is experiencing a transforma-ingly electric future. Therefore, to understand the way tive shift as electrification takes center-stage.
VIDUSHI SAXENA
ELECTRIFICATION TRENDS IN THE INDIAN AUTO MARKET

A wide forward and the electrifying transformations' shapvariety of electric vehicles, including two-wheelers, ing the Indian auto industry we bring the Big Story are being introduced by major automakers, with an having erudite notions from; Uday Pisute, Sales Dieye toward urban and rural users. In addition, partner- rector, Analog Devices; Kartikey Hariyani, Founder ships with battery makers and the construction of EV & CEO, CHARGE + ZONE; Atul Gupta, Co-founder, charging infrastructure are advancing. High upfront Director, e-Sprinto; Hasan Ali, Co-Founder, Esmito; costs, a lack of adequate charging infrastructure in Priyank Agarwal, Vice President Strategy & Busisome areas, and consumer concerns regarding range ness Development, Exicom; Srikanth Reddy, Foundand charging times still need to improve widespread er & CEO, Hala Mobility; Chakravarthi C, Managacceptance. Despite these difficulties, it is clear that ing Director, Quantum Energy, Dinesh Arjun, CEO, the Indian auto industry is headed towards an increas- Raptee; Greg Moran, CEO & Co-Founder, Zoomcar.

How EV Manufacturers Can Truly Unleash the Potential of Indian Auto Sector

Due to its vast population and rising environmental awareness, the Indian market is viewed as a key growth opportunity for electric vehicle (EV) makers. To tap into this potential, manufacturers are adopting strategies such as introducing affordable and locally relevant EV models, setting up manufacturing facilities within the country to reduce costs, forming partnerships with local businesses to enhance infrastructure like charging networks, and leveraging government incentives and policies that promote EV adoption. Greg Moran, CEO of Zoomcar, highlights the strategies that EV manufacturers adopt:

This story is from the September 2023 edition of Bisinfotech.

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