Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home E-Mobility

Rising Fuel Costs, Electric Vehicle Adopted in India

Urja Daily by Urja Daily
July 15, 2021
in E-Mobility
Reading Time: 3 mins read
0
Electric vehicles/Electric cars
Share on FacebookShare on TwitterShare on Linkedin

SANTA CLARA, Calif. – The nascent Indian electric vehicle (EV) market is fast emerging as a sunrise sector, and the country is expected to aggressively push toward electrification. Frost & Sullivan‘s recent analysis, Indian Electric Vehicle Growth Opportunities, finds that Mega Trends such as rapid urbanization, rising fuel costs, traffic congestion, pollution, emerging economic growth, and energy security will drive EV adoption in the country in the next few years.

Driven by India’s emission norms, high cost of compliance, and lucrative incentive policies, the buoyant EV industry is likely to witness more than eight-and-a-half-fold growth, reaching 4,844,500 million units sales by 2025 from 556,036 units in 2019. Of the total estimated EV sales, electric two-wheelers (e2Ws), eRickshaws, and electric auto-rickshaws (eAuto) will occupy a large chunk of the market, followed by electric four-wheelers and electric buses. Domestic original equipment manufacturers (OEMs) such as Tata Motors and Mahindra & Mahindra and foreign OEMs such as Hyundai and MG have entered the sector with their flagship EVs. They are expected to launch various new EV models in India.

RELATED POSTS

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

LMFP Batteries: Powering the Next Wave of Safer, Affordable EVs

“OEMs need to leverage the emerging battery industry to make EVs affordable. The developments in the lithium-ion battery field have created new chemistries/production technologies that reduce the cost of the battery significantly and increase its capacity. This allows OEMs to produce long-range EVs at affordable prices, increasing the sales volume of EVs,” said Prajyot Sathe, Research Manager, Mobility Practice at Frost & Sullivan. “Additionally, the massive success of battery swapping, especially in e2Ws and eAuto segments, and increasing charging infrastructures are prominent factors driving EV adoption in the country.”

Sathe added, “With the EV sales still revolving around incentives/subsidies, companies should align business strategies to the government initiatives. These strategies should be flexible to help companies shift gears when needed without a lot of effort. Further, the government is also looking to localize battery production that will bring the vehicle costs down. OEMs need to secure sufficient battery supply to avoid any production halts or bottlenecks.”

To tap into the growth prospects brought about by the EV and its component industry, market participants need to focus on:

  • New product launch: OEMs should introduce a comprehensive product line to offer attractive options that suit consumer use cases.
  • Customers and branding: OEMs should organize awareness campaigns about the technology and offer attractive options for EV purchases.
  • Strategic partnerships for technological advancements: Partnerships between charging infrastructure operators, aggregators, manufacturers, and OEMs should be initiated to set up networks of normal and fast chargers across the country.

Indian Electric Vehicle (EV) Growth Opportunities is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

Tags: electric vehicleElectrificationFrost & SullivanIndianpollutionrising fuel coststraffic congestion
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Zen Mobility

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

by Palak
September 25, 2025
0

New Delhi, Delhi, India - Zen Mobility, an emerging player in sustainable urban mobility solutions, announced the launch of its...

LMFP Batteries

LMFP Batteries: Powering the Next Wave of Safer, Affordable EVs

by Palak
September 23, 2025
0

Introduction: From Niche Chemistry to Mainstream Workhorse Lithium manganese iron phosphate LMFP or Li(Mn)FePO₄ is stepping into the spotlight. By blending manganese...

Electric UTVs

Electric UTVs: The Future of Off-Road Adventure

by Palak
September 23, 2025
0

Picture the roar of an engine echoing across rugged trails, only this time, it’s nearly silent. Adventure seekers, farmers, and...

Mr.Nitin Lahoti

Mobisoft Infotech Broadens Smart Fleet Portfolio for Evolving Indian Logistics Market

by Palak
September 23, 2025
0

Pune : Mobisoft Infotech announced the expansion of its fleet management solutions for the Indian logistics sector. Building on its decade-long...

Zypp Electric

Zypp Electric Rolls Out 500 EVs Under FOCO Model, Promises Up to 100% ROI from ₹4.5 Lakh Investment

by Palak
September 22, 2025
0

New Delhi, India – Zypp Electric celebrates the success of deploying 500 EVs worth ~₹2.5 Crores since its launch in July...

Next Post
ZunSolar

ZunSolar Push India's Efforts in Solving Power Storage Woes

Jinko Solar

JinkoSolar Successfuly Launched Kenya’s Largest Solar PV Project 98MW

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

September 26, 2025
Mr. Saleem Ahmed, Officiating Head, ESSCI

India Can Lead in Semiconductor Innovation, If We Skill Right

September 25, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

Renewables Resilience: July Data Shows Growth Amidst Anti-Clean Energy Bills

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved