The PPT gives a brief into the future of Electric Vehicles and their Market Potential in the city of Bangalore. Also looks into the latest trends in EV and the government incentives offered post implementation of GST.

1. By group 3
• Adnan Khan 1727102
• Aman Rastogi 1727105
• Anna Benny 1727143
• Prachi Ahuja 1727152
• Roopam Randhawa 1727159

2. • An electric vehicle, uses one or
more electric motors or traction
motors for propulsion.
•An electric vehicle may be powered through a
collector system by electricity from off-vehicle
sources, or may be self-contained with a
battery, solar panels or an electric generator to
convert fuel to electricity.
•EVs include road and rail vehicles, surface and
underwater vessels, electric aircraft and electric
spacecraft.

3. • The biggest benefit of electric
cars is obvious: You no longer
need gas.
• Beyond the fuel-saving benefit,
EVs offer another major cost
savings: maintenance. Since an
EV is fully electric, it no longer
uses oil to lubricate the engine.
• Electric vehicles aren't just less
costly to own, they're often
inexpensive to buy, too.

6. Market
Potential
Private
Owners
Ties Ups
Commercial
Usage
Govt.
Offices

7. How Many People Live in Bangalore?

9. Only 6,200 electric vehicles among Bangalore’s 70 lakh
vehicles.
That is approx 0.08% of the market share EVs hold in the
Bangalore market.
Thus giving E2O a huge market to capture.

10. • Population = 1,11,71,000
• Avg. No. Of Person in a family = 4
• No. Of families = 11171000/4 =
2792750
• 30% of 2792750 = 8,37,825
• 60% Actually willing to buy =
5,02,695

11.  India is targeting to achieve about 6-7 million of electric vehicles by 2020
under the faster adoption and manufacturing of hybrid & electric vehicles.
 Indian government planning to spend nearly INR 1.8 lakh crore in electric
vehicle infrastructure to meet the target till 2030.
 Smart charging company, new motion announced to invest INR 1000cr in
India on charging infra development
 The overall electric vehicle market for storage in India is likely to be 4.7
GW in 2022. Over 50% of the market in 2022 will be driven by batteries.

12. GST
Customer Savings
Future

13. However, India’s electric vehicle industry is a
newly born baby when compared with the
other international markets such as US, China
& Europe etc.
•The Indian automobile industry is
one of the largest growing markets
of the world, and contributes
highly in the country’s
manufacturing facilities.
•Not only this, the automotive
industry in India is further expected
to pull up the share of
manufacturing in India’s GDP to
25% by 2022 from 15% currently,
with production of Electric Vehicles
being new talk of the town.

15. •Tie-ups with taxi companies.
•Govt. Offices
•Tours and Travelers

18. •Emission Target
•Government nudge
•Corporate push
•Startup spin
•Glamour quotient
•Cheaper battery
•Ecosystem enabler

19. Government policies
• Niti Aayog has recommended offering fiscal incentives to EV
manufacturers and discouraging privately-owned petrol- and
diesel-fuelled vehicles
Investors’ rush
• Currently, Mahindra and Mahindra Ltd is the only automaker
selling a fully electric car in the country
Policy conundrum
• According to the norms under preparation, government and
private institutions that set up charging stations for captive
use need not possess an electricity retailing license