Coverage includes - EV Type & technology used, charging options, adoption, sales trends, recent investments, market share of top countries, India's initiatives to boost EV, charging infra., challenges, etc.
Electric Vehicles in India: Challenges & Opportunities Nitin Sukh
Electric vehicles (EVs) are no longer science fiction. Scientific achievements in this space have led to the mainstreaming of EVs in the United States, Israel and some European countries. India isn’t far behind either with Mahindra-Reva, Hero Electric and other domestic OEMs leading the front. Durable lithium ion batteries, fast charging networks, efficient chassis design and electric drive trains are key links in the EV value chain and extensive technological progress has been made in all these areas. However, for EVs to truly lead GhG reduction in Indian Industry and have a positive impact on the country’s energy security, the integration of smart grids and renewable energy feeds into these grids are a must. In fact, without these two critical components, the introduction of EVs into the current ecosystem would be an ecological burden and lead to greater GhG emissions since energy will be derived from a predominantly coal powered and inefficient energy grid.
Therefore, this study undertaken by YES BANK and TERI-BCSD critically analyses the EV value chain, identifying hidden triple bottom line risks and highlighting innovative clean technologies and business models that mitigate those risks, thereby making the value chain more attractive from lending and investment perspectives. The paper also concludes with a sobering and pragmatic analysis of the current and projected EV scenario in India versus the internal combustion engine.
The Electric Vehicles are the future of our country. The Government also target to switch to e-vehicles in the near future which is better alternative to fuel-based automobiles to mitigate air pollution. The Indian government aims to build a network of charging infrastructure throughout the country which is good opportunity for the start-up and also giving the incentive for generation of green energy. As the most of the auto industry has been complaining about the lack of charging support directly discouraging their interest in switching vehicles to electric. The lack of Charging Stations develop the fear that if vehicle will run out of charge and no charging station near them what they will do. So our mission is to provide E service on battery charging, battery replacement, Pickup the vehicle and unload to nearby garage, and if any excess of generation of electricity sold to DISCOM at government decided rate., which will boost the public interest in commuting between cities, enabling a smooth and sustainable transition to a future-oriented mobility solution. Our company will use the solar system to provide the charging service to the customers. Our future plans is to reach the different states and remote areas for providing charging stations which encourage the people to buy the Electric Vehicle
Electric vehicle charging infrastructure in India: Challenges and road aheadIET India
Charging infrastructure is the backbone for EV adoption in India, in the same way as Internet was for e-commerce. The Government of India announced an outlay of ₹10,000 crore for
FAME 2 to boost the number of electric vehicles in India and a total of ₹1,000 crore has been earmarked for setting up charging stations for EVs. Much of the remaining policy are
behavioural modifications and demand incentives for end users. However, the adoption relies heavily on how we crack the chicken and egg situation of charging infrastructure.
IET’s Future of Mobility and Transport Panel brought together a set of EV infrastructure experts drawn from organisations representing battery manufacturers, fleet operators, charging service providers, fintech firms as well as the Government of India in a bid to articulate current challenges in adoption of EV vehicles in India. Read the report to get answers to your questions regarding: Should fleet owners go beyond their core competency and deploy charging infrastructure or should the government plan for the demand? What will the numbers look like in 3 years? How
can demand load planning be done with the distribution companies? What business models will be successful?
Electric Vehicles in India: Challenges & Opportunities Nitin Sukh
Electric vehicles (EVs) are no longer science fiction. Scientific achievements in this space have led to the mainstreaming of EVs in the United States, Israel and some European countries. India isn’t far behind either with Mahindra-Reva, Hero Electric and other domestic OEMs leading the front. Durable lithium ion batteries, fast charging networks, efficient chassis design and electric drive trains are key links in the EV value chain and extensive technological progress has been made in all these areas. However, for EVs to truly lead GhG reduction in Indian Industry and have a positive impact on the country’s energy security, the integration of smart grids and renewable energy feeds into these grids are a must. In fact, without these two critical components, the introduction of EVs into the current ecosystem would be an ecological burden and lead to greater GhG emissions since energy will be derived from a predominantly coal powered and inefficient energy grid.
Therefore, this study undertaken by YES BANK and TERI-BCSD critically analyses the EV value chain, identifying hidden triple bottom line risks and highlighting innovative clean technologies and business models that mitigate those risks, thereby making the value chain more attractive from lending and investment perspectives. The paper also concludes with a sobering and pragmatic analysis of the current and projected EV scenario in India versus the internal combustion engine.
The Electric Vehicles are the future of our country. The Government also target to switch to e-vehicles in the near future which is better alternative to fuel-based automobiles to mitigate air pollution. The Indian government aims to build a network of charging infrastructure throughout the country which is good opportunity for the start-up and also giving the incentive for generation of green energy. As the most of the auto industry has been complaining about the lack of charging support directly discouraging their interest in switching vehicles to electric. The lack of Charging Stations develop the fear that if vehicle will run out of charge and no charging station near them what they will do. So our mission is to provide E service on battery charging, battery replacement, Pickup the vehicle and unload to nearby garage, and if any excess of generation of electricity sold to DISCOM at government decided rate., which will boost the public interest in commuting between cities, enabling a smooth and sustainable transition to a future-oriented mobility solution. Our company will use the solar system to provide the charging service to the customers. Our future plans is to reach the different states and remote areas for providing charging stations which encourage the people to buy the Electric Vehicle
Electric vehicle charging infrastructure in India: Challenges and road aheadIET India
Charging infrastructure is the backbone for EV adoption in India, in the same way as Internet was for e-commerce. The Government of India announced an outlay of ₹10,000 crore for
FAME 2 to boost the number of electric vehicles in India and a total of ₹1,000 crore has been earmarked for setting up charging stations for EVs. Much of the remaining policy are
behavioural modifications and demand incentives for end users. However, the adoption relies heavily on how we crack the chicken and egg situation of charging infrastructure.
IET’s Future of Mobility and Transport Panel brought together a set of EV infrastructure experts drawn from organisations representing battery manufacturers, fleet operators, charging service providers, fintech firms as well as the Government of India in a bid to articulate current challenges in adoption of EV vehicles in India. Read the report to get answers to your questions regarding: Should fleet owners go beyond their core competency and deploy charging infrastructure or should the government plan for the demand? What will the numbers look like in 3 years? How
can demand load planning be done with the distribution companies? What business models will be successful?
The presentation highlights the following :
a) Current status of Renewable Energy in India
b) The issue of duck curve due to high volume of solar energy
c) Demand increase due to Electric Vehicle (EV) will lead to more demand for Renewable Energy
d) Global & Indian Market Scenario for Electric Vehicle (EV)
e) Recommendation of Niti Aayog for development of Electric Vehicle (EV) market in India
Report on Studies of Electric Vehicle TechnologiesMAYANK ACHARYA
Detailed study on the basics and working of electric vehicles, comparison of different motors for EV application, comparison of different batteries for EV applications, Charging infrastructure for EV in India and a brief study on BMS(Battery Management System).
E-mobility trends in India: Challenges and OpportunitiesIET India
India is the 4th largest automotive industry in the world and is rapidly adopting connectivity and other advanced technologies in the mobility segment. The recent approval from the Government of India for the second phase of the Faster Adoption and Manufacturing of Electric vehicles (FAME 2) is a clear signal of the country’s positive intent in striding towards green mobility.
IET’s Future of Mobility and Transport Panel has brought together experts from the e-mobility industry in India to discuss the technological trends in the e-mobility space and ways of optimising e-mobility use for everyday life. This document gives a brief summary of the discussions that shed light on the progress of e-mobility in India, pressing challenges that lie ahead and the way forward for e-mobility in the country. Experts also discussed the technology driven trends faced by the Indian market and how these will impact mobility behaviour in India.
Electric vehicles
basic introduction , overview , history , types , working , future depends, advantages, disadvantages, arguments, incentives, conclusion
-why we need electric vehicles
-importance of electric vehicles
-we need electric for future
A brief introduction to the benefits of electric vehicles and how they are now becoming part of particular industries. GLH is a leading London Private Car Hire company. www.glh.co.uk
Pulbished on www.youtube.com/pratinii.
Interesting basics of EVs which will satiate our curiosity about them and help us take informed decisions on owning an EV.
E-mobility | Part 4 - EV charging and the next frontier (English)Vertex Holdings
For the mass adoption of electric vehicle (EV) to become a reality, EV charging infrastructure must be made accessible, quick and reliable. Current signs indicate the sector is moving in the right direction – with China, Europe, US and Japan accelerating their charging infrastructure rollout plans, and notable charging network operators (i.e. ChargePoint, EVgo and Tritium) making billion-dollar exits.
Read more: https://bit.ly/3E8u4SL
Electric Vehicles By The Numbers: Past, Present and Future
Sales of electric vehicles in the US are poised to take off in the next few years, but in 2021 combined full battery electric (BEVs) and plug-in hybrids (PHEVs) accounted for 4% of total light vehicle sales. And regional EV sales share ranged from less than 1% in Mississippi to more than 12% in California.
This session will educate dealers on the current state and forecasts of future EV sales, sales share, number of models, battery range, as well as EV charging statistics and a view into the future implications and opportunities for EV charging offerings from dealers.
Presented at the National Automobile Dealers Association conference in Las Vegas, March 11 and 12, 2022
A conspectus on electric vehicle in indiaParth Pandya
Alarming circumstance of global warming boost on the earth generated awareness that, time has come to quick track and catalyzes cleaner, greener urban mobility and this can be a lightning-bar towards an essential change which is as of now seeing development in electric vehicles worldwide and government strategies activating speculations by significant vehicle organizations. India is one of the significant markets for vehicle industry yet at the same time it is far from this idea. This paper discusses various aspects of electrical vehicles in record with Indian market, its issues, support, inspiration and future scope.
The presentation highlights the following :
a) Current status of Renewable Energy in India
b) The issue of duck curve due to high volume of solar energy
c) Demand increase due to Electric Vehicle (EV) will lead to more demand for Renewable Energy
d) Global & Indian Market Scenario for Electric Vehicle (EV)
e) Recommendation of Niti Aayog for development of Electric Vehicle (EV) market in India
Report on Studies of Electric Vehicle TechnologiesMAYANK ACHARYA
Detailed study on the basics and working of electric vehicles, comparison of different motors for EV application, comparison of different batteries for EV applications, Charging infrastructure for EV in India and a brief study on BMS(Battery Management System).
E-mobility trends in India: Challenges and OpportunitiesIET India
India is the 4th largest automotive industry in the world and is rapidly adopting connectivity and other advanced technologies in the mobility segment. The recent approval from the Government of India for the second phase of the Faster Adoption and Manufacturing of Electric vehicles (FAME 2) is a clear signal of the country’s positive intent in striding towards green mobility.
IET’s Future of Mobility and Transport Panel has brought together experts from the e-mobility industry in India to discuss the technological trends in the e-mobility space and ways of optimising e-mobility use for everyday life. This document gives a brief summary of the discussions that shed light on the progress of e-mobility in India, pressing challenges that lie ahead and the way forward for e-mobility in the country. Experts also discussed the technology driven trends faced by the Indian market and how these will impact mobility behaviour in India.
Electric vehicles
basic introduction , overview , history , types , working , future depends, advantages, disadvantages, arguments, incentives, conclusion
-why we need electric vehicles
-importance of electric vehicles
-we need electric for future
A brief introduction to the benefits of electric vehicles and how they are now becoming part of particular industries. GLH is a leading London Private Car Hire company. www.glh.co.uk
Pulbished on www.youtube.com/pratinii.
Interesting basics of EVs which will satiate our curiosity about them and help us take informed decisions on owning an EV.
E-mobility | Part 4 - EV charging and the next frontier (English)Vertex Holdings
For the mass adoption of electric vehicle (EV) to become a reality, EV charging infrastructure must be made accessible, quick and reliable. Current signs indicate the sector is moving in the right direction – with China, Europe, US and Japan accelerating their charging infrastructure rollout plans, and notable charging network operators (i.e. ChargePoint, EVgo and Tritium) making billion-dollar exits.
Read more: https://bit.ly/3E8u4SL
Electric Vehicles By The Numbers: Past, Present and Future
Sales of electric vehicles in the US are poised to take off in the next few years, but in 2021 combined full battery electric (BEVs) and plug-in hybrids (PHEVs) accounted for 4% of total light vehicle sales. And regional EV sales share ranged from less than 1% in Mississippi to more than 12% in California.
This session will educate dealers on the current state and forecasts of future EV sales, sales share, number of models, battery range, as well as EV charging statistics and a view into the future implications and opportunities for EV charging offerings from dealers.
Presented at the National Automobile Dealers Association conference in Las Vegas, March 11 and 12, 2022
A conspectus on electric vehicle in indiaParth Pandya
Alarming circumstance of global warming boost on the earth generated awareness that, time has come to quick track and catalyzes cleaner, greener urban mobility and this can be a lightning-bar towards an essential change which is as of now seeing development in electric vehicles worldwide and government strategies activating speculations by significant vehicle organizations. India is one of the significant markets for vehicle industry yet at the same time it is far from this idea. This paper discusses various aspects of electrical vehicles in record with Indian market, its issues, support, inspiration and future scope.
How an Electric Vehicle can be a potential threat to CNG. What is Govt Initiative that is a boon to the electric vehicle industry are discussed & how various stakeholders are showing their interest in EV.
Background
India, the largest market for two-wheelers and the fifth-biggest market for passenger vehicles (cars, vans, and utility vehicles), has a negligible presence of electric vehicles at this point. The government has expressed intent to push manufactures to get into mass manufacturing of electric vehicles to meet its 2030 target in its bid to reduce dependence on imported fuel and control environmental pollution.
India launched its National Electric Mobility Mission Plan 2020 (NEMMP) in 2013 to ease dependence on foreign oil imports. The National Electric Mobility Mission Plan 2020, notified by the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India seeks to enhance national energy security, mitigate adverse environmental impacts from road transport vehicles and boost domestic manufacturing capabilities for Electric Vehicles (EVs). It is envisaged that EVs are expected to play a significant role in India’s transition to a low-carbon eco-system.
Government of India has formulated a scheme, titled Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India, under the National Electric Mobility Mission Plan 2020, to encourage the progressive induction of reliable, affordable and efficient electric and hybrid vehicles. The scheme is proposed to be implemented till 2020, wherein it is intended to support the hybrid/EVs market development and its manufacturing eco-system to achieve self-sustenance.
About EV
Electric vehicle (EV) is a mode of transport system that utilizes electricity to power their motors, instead of using conventional vehicle fuels. There are two basic types of EVs: all-electric vehicles (AEVs) and plug-in hybrid electric vehicles (PHEVs).
Electric Vehicles and their Market Potential in the city of Bangalore.Adnan Khan
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.
5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
Things to remember while upgrading the brakes of your carjennifermiller8137
Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
What Does the Active Steering Malfunction Warning Mean for Your BMWTanner Motors
Discover the reasons why your BMW’s Active Steering malfunction warning might come on. From electrical glitches to mechanical failures and software anomalies, addressing these promptly with professional inspection and maintenance ensures continued safety and performance on the road, maintaining the integrity of your driving experience.
What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
What Exactly Is The Common Rail Direct Injection System & How Does It WorkMotor Cars International
Learn about Common Rail Direct Injection (CRDi) - the revolutionary technology that has made diesel engines more efficient. Explore its workings, advantages like enhanced fuel efficiency and increased power output, along with drawbacks such as complexity and higher initial cost. Compare CRDi with traditional diesel engines and discover why it's the preferred choice for modern engines.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
Core technology of Hyundai Motor Group's EV platform 'E-GMP'Hyundai Motor Group
What’s the force behind Hyundai Motor Group's EV performance and quality?
Maximized driving performance and quick charging time through high-density battery pack and fast charging technology and applicable to various vehicle types!
Discover more about Hyundai Motor Group’s EV platform ‘E-GMP’!
2. Electricity is not only environment
friendly but also saves cost in
comparison to other available fuels.
Thus, electric vehicles (EV) can
help improve fuel economy, lower
fuel costs, and reduce emissions.
Typeoffuelsusedinvehicles
Effectiveness of fuels in saving vehicle running cost
3. EVType&TechnologyUsed
Features Hybrid Electric Vehicles
(HEVs)
Plug-In Hybrid Electric Vehicles
(PHEVs)
Battery Electric Vehicles
(BEVs)
Fuel Cell Electric Vehicles
(FCEVs)
Plug
Fuel • Powered by both gasoline
or diesel and electricity
• Powered by both gasoline or
diesel and electricity
• Exclusively use battery
Power
• Powered primarily by
hydrogen
Engine • Has internal combustion
(IC) engine and electric
motor
• Has IC engine and electric
motor
• Has electric motor
• Only electric drive
• Has electric engine that
uses a mix of hydrogen and
oxygen obtained from the
air
Battery
size
• Battery pack (6-12 KW) • Battery pack size is medium
(12 KW-24KW)
• Uses large packs of
batteries (20-80 KW)
• Battery Pack (30-40 KW)
Charging • Battery get charged by
engine and braking
• Can not be plugged to grid
• Battery can be charged both
by electricity grid and its IC
engine
• Battery can be charged
by connecting to
electricity Grid
• Battery stores energy
generated from
regenerative braking
Range • 25 km in its all-electric
Mode
• 30-60 km • 300 to 500 km • 650km
Emission • Emit less pollutants than
conventional vehicle
• Emit less pollutants than
HEVs
• Do not emit pollutants • Do not emit pollutants
Model • Toyota Prius, Ford Fusion,
Lexus CT200h
• BMW i8, Mitsubishi
Outlander, Volvo V60
• Tesla Model 3, Nissan
Leaf, Renault Zeo,
Chevrolet Bolt
• Hyundai Nexo FCEV
4. ChargingOptions
Type of Charging and Connectors
There are three categories or types of charging: Trickle Charge, AC Charge and DC Charge.
• Trickle Charge: This is slowest method of charging EV at home, using a standard (three-prong) 220V plug. It is only recommended in
urgent cases, with caution and consultation with electricity providers.
• AC Charge: Having a wall box installed lets user charge 3-4 times faster using AC Household Charging than trickle charge.
• DC Charge: The fastest way to charge EV is at a public DC Fast charging station with power from 50kW and above. With this method
one can top up their battery from 20 to 80% in approx. 40 minutes. There are also some ultra-fast charging stations that already provide
more than 150kW.
Type 1 Type 2 CHAdeMo Type 2 Combined Charging System
(CCS)
Charging type AC Charging AC Charging DC Fast Charging DC Fast Charging
No. of Pins 5 7 4 9
Capacity Up to 11 KW Up to 43 KW 50 KW – 100 KW Up to 170 KW
Voltage 230V 230V / 400V 500V 450V
Current Rating Up to 32 A Up to 63 A 125 A 125 A
5. EVAdoptioninIndia
3,36,88,531
Saved fuel (In Litres)
94141
Fuel saving per day (In Litres)
214225
CO2 Reduction per day (In Kg.)
*The numbers keep on changing on real time basis over govt. website.
176215 (As on Dec 07, 2021)*
Total No. of EV Sold
7. RecentEVInvestmentsinIndia
Date Company
Name
Company Type Deal
Type
Investors Deal value
(in US$
Mn)
Details
Nov-21 Euler Motors EV Manufacturer Equity QRG Holdings, ADB
Ventures, Inventus Capital,
Blume Ventures
10 Euler Motors Mops Up $10
Mn as Part Of $60 Mn Series
B Funding Round
Nov-21 Simple Energy EV Manufacturer Equity Manish Bharti of UiPath and
Raghunath Subramanian,
Non-executive Chairman,
UiPath
21 EV maker Simple Energy
gets $21 million
funding
Nov-21 ElectricPe EV Charging
Platform
Equity Blume Ventures and Micelio
Fund
3 EV charging platform
ElectricPe raises $3
million funding in a
Seed Round
Nov-21 Battery
Smart
EV Battery
Swapping
Technology
Start-up
Equity Blume Ventures and Orios
Ventures
7 Battery Smart raises
$7 million in pre-Series A
funding round
Oct-21 Log 9
Materials
Advanced
battery
Manufacturer
Equity Petronas Group 2 Log 9 Materials raises
$2 mn in funding from
Petronas Ventures
Oct-21 Ather Energy E2W Manufacturer Debt Hero MotoCorp. 17.38 Ather Energy raises
Rs 130 Cr from Hero
Group
8. RecentEVInvestmentsinIndia(Cont.)
Date Company
Name
Company Type Deal Type Investors Deal value
(in US$
Mn)
Details
Oct-21 Tata Motors EV
Manufacturer
Equity TPG Climate,
ADQ
1000 Tata Motors to raise $1 BN
in its Passenger Electric
Vehicle business at a
valuation of upto $9.1 BN
from TPG Rise Climate
Oct-21 Revfin Digital
e-mobility
consumer
lending
Platform
Equity Redcliffe’s Dheeraj Jain, Let’s
Venture Angel Fund,
Anuraag Jaipuria, Rishi
Kajaria, Rahul Seth, Amit
Goel, Ranjit Yadav
4 Revfin raises USD 4
mn in pre-series A
funding round
Oct-21 SUN
Mobility
EV OEM Equity Vilot 50 SUN Mobility raises
$50 million from energy
giant Vitol
Oct-21 kWh Bikes E2W
Manufacturer
Equity Let’s Venture,
Vijay Shekhar
Sharma (PayTM
CEO)
2 kWh Bikes raises USD
2 mn in seed funding
round
Oct-21 Ola Electric EV
Manufacturer
Equity Existing investors 200 Ola Electric raises
$200 mn at over $5 bn
valuation: Sources
10. India’sinitiativestoboostEVsales
Initiatives Details
• FAME I Scheme was launched in 2011 and unveiled in 2013. The Scheme has been extended
from time to time, with the last extension allowed for a period up to 31st March 2019.
• Till now total incentive amount disbursed is about Rs. 359 Crores for 2.8 Lakhs vehicles under
each category of vehicles.
Faster Adoption
and Manufacturing
of (Hybrid &)
Electric Vehicles
in India (FAME I)
• In February 2021, the chief minister of New Delhi announced the Switch Delhi awareness
campaign to highlight its ambitious EV policy introduced in August 2020.
• The policy targets 25% electrification of vehicle sales in 2024 and 50% of all new buses to be
battery electric.
Switch Delhi
awareness
campaign
• The PLI scheme was extended in November 2020 to include INR 18 billion (USD 243 million)
over five years for the advanced chemistry cell battery sector along with USD 7.8 billion for the
automotive sector.
Production Linked
Incentives Scheme
(PLI)
• India had budgeted USD 133 million for charging infrastructure, with a aim to install a minimum
of 1 charging station every 25 km along key highways and every 100 km to accommodate
Heavy-Duty Vehicles (HDVs).
Charging
Infrastructure
• India has approved the Phase-II with an outlay of Rs.10,000 Crore for a period of 3 years
commencing from 1st April 2019.
• Phase-II of FAME Scheme aims to generate demand by way of supporting 7000 e-Buses, 5
lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.
FAME II
11. FameIIDevelopmentforEV
154
Model Available Under Fame India
Scheme II
176215 (As on Dec 07, 2021)
Total No. of EV Sold
INR 589.79 Cr
Total Incentive Amount (In INR)
State Per kWh of battery
capacity
Max subsidy Road tax
exemption
Delhi Rs 5,000 Rs 30,000 100%
Maharashtra Rs 5,000 Rs 25,000* 100%
Meghalaya Rs 10,000 Rs 20,000 100%
Gujarat Rs 10,000 Rs 20,000 50%
Assam Rs 10,000 Rs 20,000 100%
Bihar^ Rs 10,000 Rs 20,000 100%
West Bengal Rs 10,000 Rs 20,000 100%
Rajasthan Rs 2,500 Rs 10,000 NA
Odisha NA Rs 5,000 100%
UP No No 100%
Kerala No No 50%
Karnataka No No 100%
Tamil Nadu No No 100%
Telangana No No 100%
MP No No 99%
AP No No 100%
Punjab^ No No 100%
State Per kWh of battery
capacity
Max subsidy Road tax
exemption
Maharashtra Rs 5,000 Rs 2,50,000* 100%
Delhi# Rs 10,000 Rs 1,50,000 100%
Gujarat Rs 10,000 Rs 1,50,000 50%
Assam Rs 10,000 Rs 1,50,000 100%
Bihar^ Rs 10,000 Rs 1,50,000 100%
West Bengal Rs 10,000 Rs 1,50,000 100%
Odisha NA Rs 1,00,000 100%
Meghalaya Rs 4,000 Rs 60,000 100%
Rajasthan No No NA
UP No No 75%
Kerala No No 50%
Karnataka No No 100%
Tamil Nadu No No 100%
Telangana No No 100%
MP No No 99%
AP No No 100%
Punjab^ No No 100%
State-wise incentives for electric two-wheelers State EV subsidies on electric cars and SUVs
12. IndianGovernmentRoleinEVChargingInfrastructure
Charging Stations Sanctioned
• Department of Heavy Industries sanctioned 3,397 charging stations under FAME-I and FAME-II:
o Under FAME-I, 520 charging stations have been sanctioned in cities like Bengaluru, Chandigarh, Jaipur and NCR of Delhi and
major highways such as Delhi-Chandigarh, Mumbai-Pune, Delhi-Jaipur, Delhi-Agra etc. Out of these 520 charging stations, 447
charging stations have been installed.
o Under FAME-II, 2,877 charging stations have been sanctioned in 68 cities across 25 states/UTs. Letters of award for 1797
Charging Stations have been issued as on 12th Nov, 2021. In addition, Government of India have also sanctioned 1576 charging
stations across 16 expressways and 9 highways and issued letters of award to selected entities accordingly.`
• Refer below table for state wise financial & non-financial schemes for EV charging infrastructure players:
Capital Subsidy Tax Exemption Priority Power
Supply
Discounted Power Tariff
FAME 2 Up to 100% funding - - -
Delhi Up to 100% (6K/Charging
Point)
100% SGST Reimbursed - Yes
Karnataka 25% (upto INR300/station) - - Yes
Maharashtra INR500k/station - - -
Tamil Nadu - - Yes (RE Supply) No Connection Cost
Telangana - - - Yes
Uttar Pradesh 25% (upto INR600/station - Yes (within 15 days) Yes
Andhra Pradesh 25% (upto INR 1 M) 100% Net SGST Reimbursed Yes (within 48 hours) Yes
Gujarat 25% (upto INR 1 M) - - 100% on electricity duty
13. Note: Data available for
total of 574 charging
stations
Note: Data available for
total of 574 charging
stations
EVChargingInfrastructureinIndia
934
Total public charging
stations in India
7.89%
Average monthly utilization
of Stations
12:00 to 16:00
Busiest hours for charging
16.0 INR/kWh
Average charging tariff
Source: CEEW
Source: CEEW
Total = 574
charging
stations
Total = 574
charging
stations
14. EVmodelsinIndia–4WSegment
Segment Brand Logo Model Name Battery Size Charging Time
(Fast/Regular)
Model
4 wheeler Tata • Tata Tigor EV • 26 kWh
(Lithium
Ion)
• Regular - 8h
• Fast – 60 min
• Tata Nexon EV • 30.2 kWh
(Lithium
Ion)
• Regular - 8.5h
• Fast - 60 min
Hyundai • Hyundai Kona
Electric
• 39.2 kWh
(Lithium
Ion)
• Regular – 6h 10
min
• Fast - 57 min
Mahindra • Mahindra E
Verito
• 21.2 kWh
(Lithium
Ion)
• Regular – 11h
• Fast - 1h 30 min
Jaguar • Jaguar I-Pace • 90 kWh
(Lithium
Ion)
• Regular – 12.9h
• Fast - 2h
Mercedes-
Benz
• Mercedes-
Benz EQC
• 80 kWh • Regular – 21h
• Fast - 40 min
15. EVmodelsinIndia–4WSegment(cont.)
Segmen
t
Brand Logo Model Name Battery Size Charging Time
(Fast/Regular)
Model
4
wheeler
Audi • Audi e-tron • 91 kWh • Regular - 8.5h
• Fast - 30 min
• Audi RS e-tron GT • 93.4 kWh • Regular – 9.5h
• Fast - 22 min
• Audi e-tron GT • 93.4 kWh • Regular – 9.5h
• Fast - 22 min
MG • MG ZS EV • 44 kWh • Regular - 16-18h
• Fast - 50 min
Porsche • Porsche Taycan • 83 kWh • Regular – 8h
• Fast - 40 min
Strom
Motors
• Strom Motors R3 • 6 kWh • 3-4 hours
16. EVmodelsinIndia–2WSegment
Segment Brand Brand lLogo Counts Model Name Model
2 wheeler Hero
Electric
6 • Hero Electric Optima
• Hero Electric Atria
• Hero Electric Photon
• Hero Electric Flash
• Hero Electric NYX
• Hero Electric Dash
17. EVmodelsinIndia–2WSegment(cont.)
Segment Brand Brand lLogo Counts Model Name Model Name
2 wheeler TVS 1 • iQube Electric
Bajaj 1 • Bajaj Chetak
Ola 1 • Ola S1
Benling
India
1 • Benling India Falcon
Revolt
Motors
1 • Revolt RV400
Ather 1 • Ather 450X
18. EVmodelsinIndia–2WSegment(cont.)
Segment Brand Brand lLogo Counts Model Name Model Name
2 wheeler Simple
Energy
1 • Simple Energy One
Pure EV 2 • PURE EV Epluto
• PURE EV Epluto 7G
Ampere 1 • Ampere Magnus
Odysse 1 • Odysse Electric Evoqis
Joy e-bike 1 • Joy e-bike Monster
19. EVmodelsinIndia–2WSegment(cont.)
Segment Brand Brand lLogo Counts Model Name Model Name
2 wheeler Komaki 1 • Komaki XGT KM
Okinawa 4 • Okinawa iPraise+
• Okinawa PraisePro
• Okinawa Ridge
• Okinawa R30
Note: The list is not exhaustive, considered popular brands.
20. NewProductLaunchesinIndia
Product Vehicle Type Battery Specs Other Specs Price
Bounce Infinity E1 2-wheeler • Battery - 48 V, 39 Ah
• Range – 85 KM
• Motor Power - 1500 W
• Max Speed - 65 kmph
• Motor Type – BLDC
• Battery Charge Time – 4 hours
INR 68,999/-
Euler Motors
HiLoad EV
3-wheeler
cargo
• Battery- 12.4 kWh Li-ion
pack
• Range- 151 km
• Payload capacity- 688 kg
• Peak power- 10.96 kW
• Comes with IP6 certification,
making it waterproof
INR 3,49,999/-
Mini Cooper SE E-Car • Battery- 32.6 kWh Li-ion
pack
• Range- 270 km
• Max power- 184 hp
• 0-100 kmph time- 7.3 secs
Pre-booking begins at INR 1
lakh, prices not revealed
21. NewProductLaunchesinIndia(Cont.)
Product Vehicle Type Battery Specs Other Specs Price
Boom Corbett 14 2-wheeler • Battery- 2.3 kW/ 4.6 kW
swappable batteries
• Range- 100/200 km
• Top Speed- 75 km/hr
• Charging time- 4 hours with
standard charger and 2 hours
with a fast charger
INR 89,999 to 124,999
Omega Seiki
Rage+ Rapid
3-wheeler • Range- 90 km+
• Battery life more than 10
years
• Comes in two variants: Open
Carrier Half Tray and 140 Cubic
feet top body container
INR 3.59 lakhs and INR 3.99
lakhs (prices above are
discounted by INR 1 lakh for
first 1,000 customers)
BYD e6 E-Car • Battery- 71.7 kWh Li-ion
pack
• Range- 415 km
• Top speed- 130 km/hr
• Motor Output- 180 Nm
INR 29.6 lakhs (ex-
showroom)
22. ChallengesofOwninganEVinIndia
Lack of EV charging infra
• One of the most common challenges associated with owning an electric vehicle is range anxiety. Even though EV sales
are seeing an uptick off late, they are being used for intra-city travelling. However, the long-haul travel issue will soon
need to be addressed to increase the utilization limits of fleets and allow people to travel across city limits.
Lack of Standardization
• Currently, in India, all standards are being adopted and this creates a problem with supply of EV charging stations. Most
cars support the CCS/CCS Type 2 charging connector standard; yet some brands follow GBT or Bharat AC/DC 001
standards.
• If the government decides on implementing one standard, then auto OEMs and Electric Vehicle Supply Equipment
(EVSE) providers can focus on the production of just one type of product. This results in faster manufacturing, reduced
lead times and the creation of a standardized charging network system that is compatible with all EVs.
Power infra upgrades
• Most residential users need to determine their sanctioned load, spare capacity, and the power intake requirements of
the EV charger. If there is a mismatch, then they will need to apply for increased load. This costs money.
Lack of service options
• EV has lesser moving parts when compared to an ICE vehicle, but the technology is something our informal service
network has no knowledge. Even though most Auto OEMs have extensive service and dealer networks across India,
their EV Service network is yet to reach a substantial level.
