EV Whitepaper

Electric Two-wheeler sales: India Market Outlook, June 2021 FY2021 saw the electric two wheeler sales decline marginally by 5.4% from 152,000 units in FY2020 to 143,837 units in FY2021 due to the disruption caused by the COVID-19 pandemic. However, sales of High speed (HS) E2W (models with speed >25km/hr) witnessed an YoY increase of 47%. Established players such as Hero Electric and Okinawa commanded over 53% of the market share for HS E2Ws in FY2021. Budding players such as Ather,…

Evolving electric vehicle charging stations in India April 2021 Electric mobility (e-mobility) sector in India is categorized by the availability of Electric Vehicles (EVs) on the supply side and adoption trends on the demand side. Adequate electric vehicle charging stations charging infrastructure is the key prerequisite that will define the adoption trends of EVs in India. EVs carry limited onboard energy in the battery packs which need charging from time to time depending upon the battery pack, size, and capacity.…

E-Buses: India Market Analysis Executive Summary There is a tremendous underlying opportunity for an effective delivery of road transport service in India. The advent of electric buses (e-buses) will pave the way for future of efficient mass public transport system. Apart from being cleaner and greener, the major advantage of an e-bus is its extremely low operational and maintenance (O&M) expenditure per unit km. The Total Cost of Ownership (TCO) of e-buses is 10-20% lesser than that of diesel buses.…

Electric Two-wheeler: India Market Outlook In the last few years, India has shown considerable progress in the electric two-wheeler (E2W) space with serious players entering the market such as TVS, Bajaj, and Hero. From FY2016 till FY2020, the E2W market in India has grown by a CAGR of 62%. Also, more than US$600 million of investments have been raised by various E2W startup companies in the last two years. The FY2020 sales of electric two-wheelers stood at 152,000 units, which…