Electric Vehicles

Our monthly market intelligence report on electric vehicles (EV) is a useful guide for automobile manufacturers, OEM suppliers, and investors to keep abreast of the latest updates in the sector

In a new report from JMK Research & Analytics a detailed market analysis is done to analyse electric buses market scenario in India including central and state level policies, incentives, tenders, active players, investments, market size as well as next two year Outlook.

The report analyses the current electric two-wheeler (E2W) scenario in India including, policy initiatives, current market size, projections for the next five years, investments in the sector, key market drivers, challenges, new product models available, market share of key players, detailed profiles of leading 10 Indian E2W players.

The lithium-ion battery market in India is expected to increase at a CAGR of 35.5% from 2.9 GWh in 2018 to about 132 GWh by 2030. The increasing volume of lithium-ion batteries would, in turn, lead to an increasing volume of ‘spent’ batteries in our ecosystem which if left untreated would lead to health and environmental hazards. Also, the precious metals comprising of these batteries would be lost forever. Therefore, managing this lithium-ion battery waste through recycling is an inevitable need.