Indian Market Transitioning Towards Electric Mobility
Indian government policies and investment for e-mobility by OEMs
2022/07/12
- Summary
- Government Stimuli for the Automotive Industry
- Electric Vehicle development and investment by OEMs
Summary
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| Tata Motors Nexon EV Max (Source: Tata Motors) |
2021 was a landmark year for electric mobility in India, as the Indian government announced several major policies relating to electric vehicles. Indian automakers (OEMs) have also announced major investment programs for electric mobility in India.
EV sales in India have yet to reach 1% of the total new car market, but are on the rise due to government subsidies and aggressive marketing by OEMs.
This report focuses on some of the major announcements by the Government related to the automotive industry. In addition, we will report on trends relating to the introduction of EVs and investments by OEMs in India.
Related reports:
Indian Electric Two-wheelers: 64 companies (Apr. 2022)
Decarbonization - Global agreement at COP26 and its deployment to regions/OEMs (Jan. 2022)
Suzuki: Intensive R&D of electrification technology by 2025, investing JPY 1 trillion (Dec. 2021)
India: Automotive sales impacted by Covid-19 (Mar. 2021)
CASE Development in India (Part 1): Electrification (Feb. 2021)
CASE Development in India (Part 2): Mobility (Feb. 2021)
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