EV ecosystem adoption in India on an overdrive

September 9 was celebrated as World EV Day and experts of e-mobility including EV brand leaders put forth their viewpoints on how India can fast-track the development of its EV sector.

India's goal to "electrify" transportation and mobility is progressing at a steady pace. According to a report by the Society of Indian Automobile Manufacturers (SIAM), total passenger vehicle and two-wheeler sales were up by 11.12 per cent and 10 per cent respectively in July 2022 compared to the same month in 2021, while utility and three-wheeler clocked 10.51 per cent and 72 per cent growth respectively for the same corresponding period. However, the EV industry still has a long way to go before it can make a dominant run in the Indian automotive ecosystem.

The global automotive industry is undergoing a paradigm shift at present, exploring alternative fuels and renewable energy options with the objective to drive "clean mobility" and cut down on carbon emissions.

The two-day forum addressed some of the most crucial industry-focussed topics, such as: Understanding consumer attitudes and perceptions towards EV adoption, localisation, developing charging infrastructure, new business models powered by the EV ecosystem and discussion on safety concerns, standardisation and regulatory needs of EV industry as well as a detailed market overview and trend forecast.

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