Electric Vehicles

Semiconductor Chip Shortage – Will it put brakes on India’s growing EV Momentum? The chip shortage globally since H2 2020 has been driven by chip hoarding by Chinese Companies, poor inventory planning by Original Equipment Manufacturers (OEMs), logjams at ports, major chip factories being hit by natural disasters. Additional factors include COVID restrictions in Malaysia, a key chip assembly hub in the global semiconductor supply chain from where Indian automakers also have been procuring huge semiconductor supplies. As a result…

With Overall EV investments Crossing US$2 billion, Indian EV Dream on Track to Become a Reality With the recent big-ticket investment of US$ 1 billion raised by Tata Motors, the Electric Vehicle movement has established itself as a revolution that is poised to revamp our transportation system. Thus, it becomes prudent enough to analyse the different investments that have been made so far in this segment to understand the growth prospects that exists for the EV sector in India. So…

EVs without Battery – Opportunity for Swap India has been a party to the recent wave of EV adoption across the globe. The Government of India, to leverage the potential, has been working on a roadmap to shift public transport and logistics to 100 per cent green and clean sources of energy in the coming years. In the same direction, the Government of India, allowed the sales and registration of EVs without batteries in August, 2020. The rationale behind the…

EV Registrations in Jan-Aug 2021 Surpasses Last Year’s Total Registrations India is one of the few countries that support the global EV30@30 campaign, which targets to have at least 30% electrification of its new vehicle sales by 2030. Given this target and a strong government push over the last two years, the EV landscape is witnessing an increase in EV penetration in India. The push can be observed in terms of incentives offered under the FAME-II scheme and waiving-off of…