Electric Vehicles

Electric two-wheeler market to cross 2 million units by 2025: CXO Survey Findings

Electric two-wheeler market to cross 2 million units by 2025: CXO Survey As per JMK Research & Analytics “E2W CXO Survey”, most industry experts feel that the electric two-wheeler (E2W) market size is likely to cross 20 lakh units in the next 5 years in India. 60% of the survey respondents also predicted that the expected share of E2Ws in total two-wheeler sales in the next 5 years could vary from 6% to 15%. The current share of E2W in…

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Impact of EV transition on domestic auto ancillary market

Impact of EV transition on domestic auto ancillary market Regarded as the world’s sourcing hub for automobile components, the Indian auto component industry has witnessed strong revenue growth of about 13% CAGR from 2013 to 2019 to reach USD57 billion[1]. Out of the total FY2019 revenue of USD57 billion, approx. 65% is contributed by sales to domestic Original Equipment Manufacturers (OEMs). While the remaining 35% comes from export and aftermarket/ replacement segment. With the automotive sector transitioning towards electric mobility,…

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JMK Research & Analytics Private Limited is a specialist research and consulting firm that focuses on various cleantech segments in India and the Asia Pacific Markets, including Renewables, E-mobility, Energy Storage, and Green Hydrogen.

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