Electric Vehicles

Zipping halfway through 2020: High-Speed Electric 2-Wheelers Electric two-wheelers (E2Ws) have been gaining tremendous traction in the past 2-3 years. With falling battery prices and government-supported initiatives and schemes such as FAME, many OEMs have gained confidence to upgrade and develop more advanced and sophisticated E2W models, especially in the high-speed segment. The top 5 leading players in this niche segment cumulatively sold 9,100 units of E2Ws during H1 2020. Although the sales was drastically affected due to covid-induced lockdown…

Electric 3-Wheelers: Spearheading the EV transition Electric three-wheeler (E3W) has been the persistent front-runner for EV revolution in India. Among all the electric vehicles sold, E3Ws constitute the major chunk of the EV sales. Albeit, the registered E3Ws in India own a tiny share in the entire E3W stock which is dominated by unorganized players. Registered sales of EVs in H1 2020 (Jan-June) is 54,577 units. Out of this, a whopping 78% i.e 42,513 units are comprised by E3Ws alone.…

Electric Buses Modus Operandi in India For electric buses, the Department of Heavy Industries (DHI), under FAME scheme, has approved two e-bus procurement methods/ operation models: Outright purchase model:  In outright purchase model, the DHI provides a 60% subsidy for procurement and the rest is borne by the State Road Transport Corporations (SRTCs). The SRTCs own the e-bus fleet and is responsible for its O&M activities. Gross Cost Contract (GCC) model (a type of PPP model): In case of Gross…

Busting the Myth: Electric Vehicle Technology “Busting the Myth” series is a part of The Climate Group efforts in busting the EV technology myths in the EV ecosystem in India. Read JMK Research & Analytics piece on EV technology. In about a decade, the EV industry has undergone dynamic evolution particularly with the technology that drives these new energy machines. EVs have evolved from unreliable charging and low-power vehicles in the intial days to convenient charging, high-performance transport solutions in the present.…