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Policy push and new technologies to drive electrical vehicles sales in India
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more
The growth of the Indian EV market
The industry has been trying to establish localised supply chains with up to 20-30% component localisation having been achieved mainly for e4Ws.Read more
Can India emerge as global EV parts making hub?
Localisation of supply chains is being seen as a springboard to scale up and boost competitiveness domestically, with India also identified as a promising manufacturing hub for electric vehicle parts export, says Prajyot Sathe.Read more