Electric Vehicle Market in India 2024-2028

Report
134 Pages
December 2023
Region: India
TechNavio
ID: 5916609

The electric vehicle market in India is forecasted to grow by USD 34,369.3 mn during 2023-2028, accelerating at a CAGR of 68.48% during the forecast period. The report on the electric vehicle market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of EVs for improved logistics and transportation, a growing focus on reducing vehicular emissions, and an increase in product launches in electric vehicle.

The electric vehicle market in India is segmented as below:

By Charging

Normal charging
Super charging

By Vehicle Type

Passenger cars
Commercial vehicles

By Type

BEV
PHEV

This study identifies the technological advances in ECVs as one of the prime reasons driving the electric vehicle market in India's growth during the next few years. Also, government incentives and subsidies for EV charger infrastructure developments and integration of telematics and autonomous technologies will lead to sizable demand in the market.

The report on the electric vehicle market in India covers the following areas:

Electric vehicle market in India sizing
Electric vehicle market in India forecast
Electric vehicle market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle market in India vendors that include ANI Technologies Pvt. Ltd., Ather Energy Pvt. Ltd., Atul Auto Ltd., Bajaj Auto Ltd., Electrotherm Ltd., EV Motors India Pvt Ltd., Hero Eco Group, Hyundai Motor Co., Jitendra wheels, Kinetic green vehicles, Li-ions Elektrik Solutions Pvt. Ltd., Mahindra and Mahindra Ltd., Maini Corporate Pvt Ltd., RattanIndia Enterprises Ltd., Rissala Electric Motors Pvt. Ltd., SAIC Motor Corp. Ltd., Suzuki Motor Corp., Tata Sons Pvt. Ltd., TVS Motor Co. Ltd., and Ultraviolette Automotive Pvt Ltd.. Also, the electric vehicle market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Charging
Exhibit 05: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on India: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Electric vehicle market in India 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on electric vehicle market in India 2018 - 2022 ($ million)
4.2 Charging Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Charging Segment 2018 - 2022 ($ million)
4.3 Vehicle Type Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Charging

6.1 Market segments
Exhibit 27: Chart on Charging - Market share 2023-2028 (%)
Exhibit 28: Data Table on Charging - Market share 2023-2028 (%)
6.2 Comparison by Charging
Exhibit 29: Chart on Comparison by Charging
Exhibit 30: Data Table on Comparison by Charging
6.3 Normal charging - Market size and forecast 2023-2028
Exhibit 31: Chart on Normal charging - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Normal charging - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Normal charging - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Normal charging - Year-over-year growth 2023-2028 (%)
6.4 Super charging - Market size and forecast 2023-2028
Exhibit 35: Chart on Super charging - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Super charging - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Super charging - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Super charging - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Charging
Exhibit 39: Market opportunity by Charging ($ million)
Exhibit 40: Data Table on Market opportunity by Charging ($ million)

7 Market Segmentation by Vehicle Type

7.1 Market segments
Exhibit 41: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibit 42: Data Table on Vehicle Type - Market share 2023-2028 (%)
7.2 Comparison by Vehicle Type
Exhibit 43: Chart on Comparison by Vehicle Type
Exhibit 44: Data Table on Comparison by Vehicle Type
7.3 Passenger cars - Market size and forecast 2023-2028
Exhibit 45: Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
7.4 Commercial vehicles - Market size and forecast 2023-2028
Exhibit 49: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Vehicle Type
Exhibit 53: Market opportunity by Vehicle Type ($ million)
Exhibit 54: Data Table on Market opportunity by Vehicle Type ($ million)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 BEV - Market size and forecast 2023-2028
Exhibit 59: Chart on BEV - Market size and forecast 2023-2028 ($ million)
Exhibit 60: Data Table on BEV - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Chart on BEV - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on BEV - Year-over-year growth 2023-2028 (%)
8.4 PHEV - Market size and forecast 2023-2028
Exhibit 63: Chart on PHEV - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on PHEV - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on PHEV - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on PHEV - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ million)
Exhibit 68: Data Table on Market opportunity by Type ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 ANI Technologies Pvt. Ltd.
Exhibit 76: ANI Technologies Pvt. Ltd. - Overview
Exhibit 77: ANI Technologies Pvt. Ltd. - Product / Service
Exhibit 78: ANI Technologies Pvt. Ltd. - Key offerings
12.4 Ather Energy Pvt. Ltd.
Exhibit 79: Ather Energy Pvt. Ltd. - Overview
Exhibit 80: Ather Energy Pvt. Ltd. - Product / Service
Exhibit 81: Ather Energy Pvt. Ltd. - Key offerings
12.5 Atul Auto Ltd.
Exhibit 82: Atul Auto Ltd. - Overview
Exhibit 83: Atul Auto Ltd. - Product / Service
Exhibit 84: Atul Auto Ltd. - Key offerings
12.6 Bajaj Auto Ltd.
Exhibit 85: Bajaj Auto Ltd. - Overview
Exhibit 86: Bajaj Auto Ltd. - Business segments
Exhibit 87: Bajaj Auto Ltd. - Key offerings
Exhibit 88: Bajaj Auto Ltd. - Segment focus
12.7 Hero Eco Group
Exhibit 89: Hero Eco Group - Overview
Exhibit 90: Hero Eco Group - Product / Service
Exhibit 91: Hero Eco Group - Key offerings
12.8 Hyundai Motor Co.
Exhibit 92: Hyundai Motor Co. - Overview
Exhibit 93: Hyundai Motor Co. - Business segments
Exhibit 94: Hyundai Motor Co. - Key news
Exhibit 95: Hyundai Motor Co. - Key offerings
Exhibit 96: Hyundai Motor Co. - Segment focus
12.9 Jitendra wheels
Exhibit 97: Jitendra wheels - Overview
Exhibit 98: Jitendra wheels - Product / Service
Exhibit 99: Jitendra wheels - Key offerings
12.10 Mahindra and Mahindra Ltd.
Exhibit 100: Mahindra and Mahindra Ltd. - Overview
Exhibit 101: Mahindra and Mahindra Ltd. - Business segments
Exhibit 102: Mahindra and Mahindra Ltd. - Key news
Exhibit 103: Mahindra and Mahindra Ltd. - Key offerings
Exhibit 104: Mahindra and Mahindra Ltd. - Segment focus
12.11 Maini Corporate Pvt Ltd.
Exhibit 105: Maini Corporate Pvt Ltd. - Overview
Exhibit 106: Maini Corporate Pvt Ltd. - Product / Service
Exhibit 107: Maini Corporate Pvt Ltd. - Key offerings
12.12 RattanIndia Enterprises Ltd.
Exhibit 108: RattanIndia Enterprises Ltd. - Overview
Exhibit 109: RattanIndia Enterprises Ltd. - Product / Service
Exhibit 110: RattanIndia Enterprises Ltd. - Key offerings
12.13 SAIC Motor Corp. Ltd.
Exhibit 111: SAIC Motor Corp. Ltd. - Overview
Exhibit 112: SAIC Motor Corp. Ltd. - Business segments
Exhibit 113: SAIC Motor Corp. Ltd. - Key news
Exhibit 114: SAIC Motor Corp. Ltd. - Key offerings
Exhibit 115: SAIC Motor Corp. Ltd. - Segment focus
12.14 Suzuki Motor Corp.
Exhibit 116: Suzuki Motor Corp. - Overview
Exhibit 117: Suzuki Motor Corp. - Business segments
Exhibit 118: Suzuki Motor Corp. - Key offerings
Exhibit 119: Suzuki Motor Corp. - Segment focus
12.15 Tata Sons Pvt. Ltd.
Exhibit 120: Tata Sons Pvt. Ltd. - Overview
Exhibit 121: Tata Sons Pvt. Ltd. - Business segments
Exhibit 122: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 123: Tata Sons Pvt. Ltd. - Segment focus
12.16 TVS Motor Co. Ltd.
Exhibit 124: TVS Motor Co. Ltd. - Overview
Exhibit 125: TVS Motor Co. Ltd. - Business segments
Exhibit 126: TVS Motor Co. Ltd. - Key news
Exhibit 127: TVS Motor Co. Ltd. - Key offerings
Exhibit 128: TVS Motor Co. Ltd. - Segment focus
12.17 Ultraviolette Automotive Pvt Ltd.
Exhibit 129: Ultraviolette Automotive Pvt Ltd. - Overview
Exhibit 130: Ultraviolette Automotive Pvt Ltd. - Product / Service
Exhibit 131: Ultraviolette Automotive Pvt Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 132: Inclusions checklist
Exhibit 133: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 134: Currency conversion rates for US$
13.4 Research methodology
Exhibit 135: Research methodology
Exhibit 136: Validation techniques employed for market sizing
Exhibit 137: Information sources
13.5 List of abbreviations
Exhibit 138: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Charging
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Vendor Market Positioning
Exhibits 8: Parent market
Exhibits 9: Market Characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 13: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 15: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 16: Historic Market Size - Data Table on electric vehicle market in India 2018 - 2022 ($ million)
Exhibits 17: Historic Market Size - Charging Segment 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Charging - Market share 2023-2028 (%)
Exhibits 28: Data Table on Charging - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Charging
Exhibits 30: Data Table on Comparison by Charging
Exhibits 31: Chart on Normal charging - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Normal charging - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Normal charging - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Normal charging - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Super charging - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Super charging - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Super charging - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Super charging - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Charging ($ million)
Exhibits 40: Data Table on Market opportunity by Charging ($ million)
Exhibits 41: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 42: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Vehicle Type
Exhibits 44: Data Table on Comparison by Vehicle Type
Exhibits 45: Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Vehicle Type ($ million)
Exhibits 54: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 55: Chart on Type - Market share 2023-2028 (%)
Exhibits 56: Data Table on Type - Market share 2023-2028 (%)
Exhibits 57: Chart on Comparison by Type
Exhibits 58: Data Table on Comparison by Type
Exhibits 59: Chart on BEV - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Data Table on BEV - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Chart on BEV - Year-over-year growth 2023-2028 (%)
Exhibits 62: Data Table on BEV - Year-over-year growth 2023-2028 (%)
Exhibits 63: Chart on PHEV - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Data Table on PHEV - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Chart on PHEV - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on PHEV - Year-over-year growth 2023-2028 (%)
Exhibits 67: Market opportunity by Type ($ million)
Exhibits 68: Data Table on Market opportunity by Type ($ million)
Exhibits 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 70: Impact of drivers and challenges in 2023 and 2028
Exhibits 71: Overview on Criticality of inputs and Factors of differentiation
Exhibits 72: Overview on factors of disruption
Exhibits 73: Impact of key risks on business
Exhibits 74: Vendors covered
Exhibits 75: Matrix on vendor position and classification
Exhibits 76: ANI Technologies Pvt. Ltd. - Overview
Exhibits 77: ANI Technologies Pvt. Ltd. - Product / Service
Exhibits 78: ANI Technologies Pvt. Ltd. - Key offerings
Exhibits 79: Ather Energy Pvt. Ltd. - Overview
Exhibits 80: Ather Energy Pvt. Ltd. - Product / Service
Exhibits 81: Ather Energy Pvt. Ltd. - Key offerings
Exhibits 82: Atul Auto Ltd. - Overview
Exhibits 83: Atul Auto Ltd. - Product / Service
Exhibits 84: Atul Auto Ltd. - Key offerings
Exhibits 85: Bajaj Auto Ltd. - Overview
Exhibits 86: Bajaj Auto Ltd. - Business segments
Exhibits 87: Bajaj Auto Ltd. - Key offerings
Exhibits 88: Bajaj Auto Ltd. - Segment focus
Exhibits 89: Hero Eco Group - Overview
Exhibits 90: Hero Eco Group - Product / Service
Exhibits 91: Hero Eco Group - Key offerings
Exhibits 92: Hyundai Motor Co. - Overview
Exhibits 93: Hyundai Motor Co. - Business segments
Exhibits 94: Hyundai Motor Co. - Key news
Exhibits 95: Hyundai Motor Co. - Key offerings
Exhibits 96: Hyundai Motor Co. - Segment focus
Exhibits 97: Jitendra wheels - Overview
Exhibits 98: Jitendra wheels - Product / Service
Exhibits 99: Jitendra wheels - Key offerings
Exhibits 100: Mahindra and Mahindra Ltd. - Overview
Exhibits 101: Mahindra and Mahindra Ltd. - Business segments
Exhibits 102: Mahindra and Mahindra Ltd. - Key news
Exhibits 103: Mahindra and Mahindra Ltd. - Key offerings
Exhibits 104: Mahindra and Mahindra Ltd. - Segment focus
Exhibits 105: Maini Corporate Pvt Ltd. - Overview
Exhibits 106: Maini Corporate Pvt Ltd. - Product / Service
Exhibits 107: Maini Corporate Pvt Ltd. - Key offerings
Exhibits 108: RattanIndia Enterprises Ltd. - Overview
Exhibits 109: RattanIndia Enterprises Ltd. - Product / Service
Exhibits 110: RattanIndia Enterprises Ltd. - Key offerings
Exhibits 111: SAIC Motor Corp. Ltd. - Overview
Exhibits 112: SAIC Motor Corp. Ltd. - Business segments
Exhibits 113: SAIC Motor Corp. Ltd. - Key news
Exhibits 114: SAIC Motor Corp. Ltd. - Key offerings
Exhibits 115: SAIC Motor Corp. Ltd. - Segment focus
Exhibits 116: Suzuki Motor Corp. - Overview
Exhibits 117: Suzuki Motor Corp. - Business segments
Exhibits 118: Suzuki Motor Corp. - Key offerings
Exhibits 119: Suzuki Motor Corp. - Segment focus
Exhibits 120: Tata Sons Pvt. Ltd. - Overview
Exhibits 121: Tata Sons Pvt. Ltd. - Business segments
Exhibits 122: Tata Sons Pvt. Ltd. - Key offerings
Exhibits 123: Tata Sons Pvt. Ltd. - Segment focus
Exhibits 124: TVS Motor Co. Ltd. - Overview
Exhibits 125: TVS Motor Co. Ltd. - Business segments
Exhibits 126: TVS Motor Co. Ltd. - Key news
Exhibits 127: TVS Motor Co. Ltd. - Key offerings
Exhibits 128: TVS Motor Co. Ltd. - Segment focus
Exhibits 129: Ultraviolette Automotive Pvt Ltd. - Overview
Exhibits 130: Ultraviolette Automotive Pvt Ltd. - Product / Service
Exhibits 131: Ultraviolette Automotive Pvt Ltd. - Key offerings
Exhibits 132: Inclusions checklist
Exhibits 133: Exclusions checklist
Exhibits 134: Currency conversion rates for US$
Exhibits 135: Research methodology
Exhibits 136: Validation techniques employed for market sizing
Exhibits 137: Information sources
Exhibits 138: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the electric vehicle market in India: ANI Technologies Pvt. Ltd., Ather Energy Pvt. Ltd., Atul Auto Ltd., Bajaj Auto Ltd., Electrotherm Ltd., EV Motors India Pvt Ltd., Hero Eco Group, Hyundai Motor Co., Jitendra wheels, Kinetic green vehicles, Li-ions Elektrik Solutions Pvt. Ltd., Mahindra and Mahindra Ltd., Maini Corporate Pvt Ltd., RattanIndia Enterprises Ltd., Rissala Electric Motors Pvt. Ltd., SAIC Motor Corp. Ltd., Suzuki Motor Corp., Tata Sons Pvt. Ltd., TVS Motor Co. Ltd., and Ultraviolette Automotive Pvt Ltd..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is technological advances in ECVs.'

According to the report, one of the major drivers for this market is the increasing adoption of EVs for improved logistics and transportation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

ANI Technologies Pvt. Ltd.
Ather Energy Pvt. Ltd.
Atul Auto Ltd.
Bajaj Auto Ltd.
Electrotherm Ltd.
EV Motors India Pvt Ltd.
Hero Eco Group
Hyundai Motor Co.
Jitendra wheels
Kinetic green vehicles
Li-ions Elektrik Solutions Pvt. Ltd.
Mahindra and Mahindra Ltd.
Maini Corporate Pvt Ltd.
RattanIndia Enterprises Ltd.
Rissala Electric Motors Pvt. Ltd.
SAIC Motor Corp. Ltd.
Suzuki Motor Corp.
Tata Sons Pvt. Ltd.
TVS Motor Co. Ltd.
Ultraviolette Automotive Pvt Ltd.

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The electric vehicle market in India is segmented as below:

By Charging

By Vehicle Type

By Type

The report on the electric vehicle market in India covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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