Amidst the great transition to electric mobility, the Indian automotive industry has to face challenges on many fronts. Getting the price right is one of the biggest hurdles that the industry has to overcome and figuring out strategies to reduce battery costs and make electric vehicles (EVS) affordable is now top priority.
To ignite a discussion, Autocar Professional held a two-day virtual event called the EV Forum (Passenger Vehicles) on November 28 and 29. In attendance were industry experts from OEMs, suppliers and charging infrastructure players.
DAY 1
The keynote address for the virtual event was given by Rajeev Chaba, president and managing director, MG Motor India.
The panel discussion themed 'Decoding the affordability challenge' comprised panellists like Anand Kulkarni, Product Line Head and VP, Passenger Electric Vehicles, Tata Motors; Hardeep Singh Brar, VP and Head of Marketing and Sales, Kia India, and Ramanathan Srinivasan, Managing Director, Automotive Test Systems, who unanimously emphasised that affordability will play a huge role in the success of any electric car in the country.
"The battery supply chain is a crucial issue to which we don't have the exact answer right now. At this stage, we must make strategic choices about the supply chain as well as other EV parts like motors, controllers, harnesses, BMS." Rajeev Chaba, President & MD, MG Motor India
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.