Electric Vehicles

Electric Vehicles

Monthly update- EV sector
Monthly update- EV sector

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

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Whitepaper: Top 5 States EV Adoption Trends in India, released in Mar 2024
Whitepaper: Top 5 States EV Adoption Trends in India

In FY2024, India witnessed a significant surge in 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 9.66%, Tamil Nadu at 5.77%, and Rajasthan at 5.61%.

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Annual India EV Report Card: FY2024, released in May 2024
Annual India EV Report Card: FY2024

The report analyses the movement in market shares of the top vehicle categories, key vehicle selling states, and key players in the January-December 2023 period (CY2023) in the Indian electric vehicle (EV) space.

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Whitepaper: E-Trucks Market in India, released in Mar 2024
Whitepaper: E-Trucks Market in India

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.

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Annual India EV Report Card: CY2023, released in Feb 2024
Annual India EV Report Card: CY2023

The report analyses the movement in market shares of the top vehicle categories, key vehicle selling states, and key players in the January-December 2023 period (CY2023) in the Indian electric vehicle (EV) space.

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Annual India EV Report Card: FY2023, released in June 2023
Annual India EV Report Card: FY2023

The report analyses the movement in market shares of the top vehicle categories, key vehicle selling states, and key players in the April 2022-March 2023 period (FY2023) in the Indian electric vehicle (EV) space.

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Q4 2022 EV Update
Q4 2022 EV Update

The report analyses the major trends and the movement in market shares of key players operating in the Indian electric vehicle (EV) space in the October-December 2022 period (Q4 2022). The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (E2Ws), electric three-wheelers (E3Ws), electric cars (E-Cars), electric buses (E-Buses), and the overall EV market. The report also compares the overall BEV sales in the leading EV markets of Norway, China, the United States, and other 6 countries from the key geographies of Europe and Asia.

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ELECTRIC 2-WHEELER MARKET INDIA
ELECTRIC 2-WHEELER MARKET INDIA

The report states that the Electric 2-wheeler industry accounted for 55% of the total EV sales in FY2022 alone. The overall E2W sales in India during the first half (H1) of FY2023 was about 4.56 lakh units which is more than twice the sales in H1 of FY2022. During the same period, the sales of high-speed (HS) E2W was more than 65% of the overall E2W sales.

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Q2 2022 India EV update (Apr-Jun 2022)
Q3 2022 India EV update (Jul-Sep 2022)

The report analyses the major trends and the movement in market shares of key players operating in the Indian electric vehicle (EV) space in the July-September 2022 period (Q3 2022). The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (E2Ws), electric three-wheelers (E3Ws), electric cars (E-Cars), electric buses (E-Buses), and the overall EV market. The report also compares the overall BEV sales in the leading EV markets of Norway, China, the United States, and other 6 countries from the key geographies of Europe and Asia.

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Accelerating Transport Electrification in India by 2030
Accelerating Transport Electrification in India by 2030, Jul 2022

This report suggests to focus on high-visibility cases of fleet for 100% conversion to electric, such as government fleets and vehicle aggregator fleets and to define clear targets for charging stations that pave the way for establishment of charging stations in different places – petrol pumps, malls, highways, workplaces, residential apartments; capping rental costs for public charging stations; and fixing some percentage of home and workplace charging as EV ready.

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Annual India EV Report Card: FY2022
Annual India EV Report Card: FY2022

The report analyses the movement in market shares of the top vehicle categories, key vehicle selling states, and key players in the April 2021-March 2022 period (FY2022) in the Indian electric vehicle (EV) space.

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Q1 2022 India EV update (Jan-Mar 2022)
Q1 2022 India EV update (Jan-Mar 2022)

The report analyses the major trends and the movement in market shares of the key players in the Jan-Mar, 2022 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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Q4 2021 India EV update (Oct-Dec 2021)
Q4 2021 India EV update (Oct-Dec 2021)

The report analyses the major trends and the movement in market shares of the key players in the Oct-Dec, 2021 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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Lithium-Ion Battery (LiB) Manufacturing Landscape in India
Lithium-Ion Battery (LiB) Manufacturing Landscape in India, Jan 2022

This report estimates that the annual capacity addition of LiB for automotive applications will increase from 2.3GWh in FY2021 to 104GWh by FY2030 and for non-automotive applications from 0.3GWh to 12GWh. So, 90 per cent of the total LiB demand will be driven by automotive applications on the back of favourable government policies including Faster Adoption and Manufacturing of Hybrid & EV (FAME) and various state-level EV policies.

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Q2 2021 India EV update (Jan-Mar 2021)
Q3 2021 India EV update (Jul-Sep 2021)

The report analyses the major trends and the movement in market shares of the key players in the Jul-Sep, 2021 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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E-cars Market in India
E-Cars Market in India, October 2021

This report maps out the present status of the E-Car market in India, studies the key players present in the market, highlights the challenges and barriers to its adoption, analyses the central and state-level policies in place to understand its effects and gives an outlook to where the E-Car market is headed towards in the future.

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Q2 2021 India EV update (Jan-Mar 2021)
Q2 2021 India EV update (Apr-June 2021)

The report analyses the major trends and the movement in market shares of the key players in the Apr-June, 2021 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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Electric Two-wheeler: India Market Outlook, June 2021
Electric Two-wheeler: India Market Outlook, June 2021

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 E2W players.

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Q1 2021 India EV update (Jan-Mar 2021)
Q1 2021 India EV update (Jan-Mar 2021)

The report analyses the major trends and the movement in market shares of the key players in the Jan-Mar, 2021 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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Evolving EV Charging Infrastructure in India, April 2021
Evolving EV Charging Infrastructure in India, April 2021

The report analyses the evolving EV charging Infrastructure in India. The report covers market overview, key market drivers, central and state government incentives for charging infra, key challenges and leading players active in this segment.

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Q4 2020 India EV update (Oct-Dec 2020)
Q4 2020 India EV update (Oct-Dec 2020)

The report analyses the major trends and the movement in market shares of the key players in the Oct-Dec, 2020 period in the Indian electric vehicle (EV) space. The report focuses on new product launches announced during the quarter as well as the sales trend for electric two-wheelers (e-2W), electric three-wheelers (e-3W), and the overall EV market. An attempt has also been made to compare the Indian EV market with the top EV markets of Norway, China, United States, and other such countries.

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Electric Buses: India Market Analysis, Sep 2020
Electric Buses: India Market Analysis, Sep 2020

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.

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Electric Two-wheeler: India Market Outlook, May 2020
Electric Two-wheeler: India Market Outlook, May 2020

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.

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Recycling of Lithium ion batteries in India
Recycling of Lithium ion batteries in India- $1,000 million opportunity, Oct 2019

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.

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ABOUT US

JMK Research & Analytics is a specialist research and consulting firm that focuses on various cleantech segments in India and the Asia Pacific Markets, including Renewables, E-mobility, Energy Storage, and Green Hydrogen.

Based on our extensive industry experience and strong network, we offer valuable insights and detailed information to help clients develop successful business models and market strategies.

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