Electric Vehicles

$600 million of investments raised in last two years by electric two-wheeler companies

$600 million of investments raised in the last two years by electric two-wheeler companies Initially, a lot of product-led electric two-wheeler (E2W) startups faced difficulty in getting investors on-board due to lack of consumer awareness, policy clarity, and market visibility. However, with the entry of significant two-wheeler brands such as TVS, Bajaj, and Hero in this segment, compounded with the Government’s EV push, the investors are much more confident and have shown an active interest in the EV ecosystem. In…

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Impact of EV transition on domestic auto ancillary market

Impact of EV transition on domestic auto ancillary market Regarded as the world’s sourcing hub for automobile components, the Indian auto component industry has witnessed strong revenue growth of about 13% CAGR from 2013 to 2019 to reach USD57 billion[1]. Out of the total FY2019 revenue of USD57 billion, approx. 65% is contributed by sales to domestic Original Equipment Manufacturers (OEMs). While the remaining 35% comes from export and aftermarket/ replacement segment. With the automotive sector transitioning towards electric mobility,…

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JMK Research & Analytics is a specialist consultancy firm providing research and advisory services to Indian and International clients across solar, wind and e-mobility segments.

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