MOBILITY
THE STATS OF INDIA ’ S EV INDUSTRY
MOBILITY
THE STATS OF INDIA ’ S EV INDUSTRY
According to Gaurav Batra , around one million EVs were sold across the country in 2022 , which marks 4 - 4.5 % of its overall pool of passenger vehicles . In 2021 , EVs accounted for a lesser share at just 1 - 1.5 % of the nation ’ s registrations .
around more nimble forms of mobility and shows a potential trend as smaller vehicles could be electrified first .
Secondly , infrastructure is a pivotal point to be discussed as India ’ s power grid is currently seen as ‘ inadequate ’ for a nationwide rollout of electrified means of travel . The country needs to be able to provide EVs for its drivers , chargers for those cars ; bikes ; and electrified rickshaws , and supply sustainable energy to sockets nationally .
WHAT DOES INDIA ’ S MOBILITY LANDSCAPE LOOK LIKE THUS FAR ?
The challenge to electrify certainly doesn ’ t come from a lack of trying , but , as pointed out by Batra , India is home to the third largest automotive industry globally .
“ India is an important market with the welldeveloped local manufacturing of ICEs and a well established supply chain , which is cost effective and can also claim export competence in the ICE domain ,” says Batra .
Discussing this in great detail , Batra divulges some key pieces of information
“THE CHARGING INFRASTRUCTURE AT THE MOMENT IS FAIRLY DEFICIENT ACROSS THE COUNTRY ”
GAURAV BATRA , ASSOCIATE DIRECTOR AND PORTFOLIO LEAD - AM & M , ENERGY & G & I , EY
EVMAGAZINE . COM [ Sept 2023 ] 65