Electric Vehicles

India witnessed a spectacular EV show in 2022 with 212% y-o-y growth

India witnessed a spectacular EV show in 2022 with 212% y-o-y growth The year 2022 has been a fantastic year for electric vehicle (EV) sales in India. The annual EV sales crossed the 1-million mark for the first time in 2022, amounting to 10,75,859 units. This implies a 212% growth y-o-y from 3,45,067-unit sales in 2021. This stupendous growth was led by states like Uttar Pradesh (15.2%), Maharashtra (12.7%), and Karnataka (8.8%), which were the top 3 states with maximum…

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Uttar Pradesh: Leading the EV transition in India

Uttar Pradesh: Leading the EV transition in India Uttar Pradesh (U.P.) leads the count of the maximum number of electric vehicles (EVs) in the country (4,14,978), followed by Delhi (1,83,074) and Maharashtra (1,79,087). The state of U.P. tops the list for EV sales due to the widespread use of electric rickshaws (three-wheelers) in several of its cities. E-rickshaws, both for passenger and cargo, accounted for an 85% share of overall EV sales in the state during 2022. The state has…

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How electric vehicle retrofitting can be a viable solution to limiting vehicular emissions in India

How electric vehicle retrofitting can be a viable solution to limiting vehicular emissions in India The Government of India has set an ambitious target for electric vehicles (EV) alongside plans to reduce carbon emissions via diesel and petrol engines significantly by 2030. With this in view, the country is taking steps towards switching to EVs. However, the pace of this transition cannot be dramatic and thus, to complement the addition of new EVs, retrofitting existing ICE (Internal Combustion Engine) vehicles…

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Promoting electric bike-taxis for clean transportation in India

Promoting electric bike-taxis for clean transportation in India India has been and continues to be a proponent of Shared Mobility. The country has low penetration of cars and relies instead on public transit and intermediate public transport, two-wheelers, and walking and cycling for its daily travel needs. With this context, India must turn its attention to the humble yet all-pervasive two-wheeler (2W) as a means of mass transportation. Deploying motorbikes as taxis or bike-taxis in Indian cities and towns can…

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JMK Research & Analytics is a specialist consultancy firm providing research and advisory services to Indian and International clients across solar, wind and e-mobility segments.

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