EV Whitepaper

Whitepaper: Top 5 states EV adoption Trends in India Date of Release- June 2024 In FY2024, EV adoption India witnessed a significant surge, with electric vehicle (EV) sales reaching a total of 17,52,406 units, marking a robust year-on-year (y-o-y) growth of 40.31% compared to the previous fiscal year. The top five states collectively account for more than 50% of the EV market share, with Uttar Pradesh leading at 17.42%, followed by Maharashtra with a market share of 12.11%, Karnataka at…

Whitepaper: E-Trucks Market in India Date of Release- March 2024 The global transportation sector is responsible for 24% of the world’s energy consumption and 28% of greenhouse gas emissions (GHG). In India, road transport presently accounts for 12% of India’s energy-related CO2 emissions and is a key contributor to urban air pollution. India’s long-term goal is to achieve net zero by 2070, and to meet this target, it becomes imperative to electrify road freight, especially EV trucks (electric trucks), which…

ELECTRIC 2-WHEELER MARKET INDIA  Executive Summary Torch bearer of EV revolution in India, the Electric two wheeler industry accounted for 55% of the total EV sales in FY2022 alone. Enter the E-mail ID to download the report

Accelerating Transport Electrification in India by 2030 Report by Climate Trends and JMK Research India, which overtook Germany to become the fourth largest automotive market in May 2022, is embracing the e-mobility revolution and taking concrete action to electrify its transport sector, particularly road. The flagship scheme Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) II has provided the much needed impetus to electric vehicle sales in the country. State governments, too, have made noteworthy progress in establishing…