Policy incentives and technological advancements are going to guide the manufacturing and adoption of Electric Vehicles (EVs) in a big way, as India witnesses a sea-change in its attitude towards the segment. Electrified and efficient are words often used to describe the future of the automotive sector, which is also set to push the demand for aluminium exponentially. Innovation in products will continue to remain the focal point of the downstream aluminium sector.
A bright spot
EVs are a bright spot in the Indian automotive segment. They are a key element of the transition to cleaner energy. The Government of India data released earlier in Parliament has a promising story to tell. India saw 69,012 units of electric vehicles being sold in 2017-18. It scaled up to 1,43,358 units in 2018-19 and to 1,67,041 units in 2019-20. The growth in units includes sales of two-wheelers, three-wheelers and buses. Two-wheelers have led this growth. With the government setting its eyes on selling only electric cars in India after 2030, the sector is poised for the biggest renewable energy revolution the country has seen.
Making it drive
Esta historia es de la edición June 2021 de Auto Components India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 2021 de Auto Components India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
BUSWORLD SOUTHEAST ASIA: A PREVIEW
The third edition of Busworld Southeast Asia 2024 assures a blend of comfort, innovation, and sustainability this year,
INDIA RUBBER EXPO 2024: THE RUBBER INDUSTRY LANDSCAPE
In the fast paced metropolis of Mumbai, the towering skyscrapers and bustling streets made for a perfect backdrop to the India Rubber Expo 2024 (IRE 2024). Hosted by the All India Rubber Industries Association (AIRIA), this biennial spectacle aimed to reshape the rubber industry's landscape, both at home and abroad write Aditya Sharma and Upendra Kasbekar.
NO SILVER BULLET
In an upfront conversation, Akshay Kashyap, CEO and Managing Director of Greenfuel Energy Solutions Pvt. Ltd. shares his thoughts on the future transport fuel with Deepti Thore.
GREEN GAS SYSTEMS AND STORAGE
Greenfuel Energy tops the list for reliable clean gas systems and energy storage solutions. Deepti Thore highlights its market acceptance.
INDIA EVS COST LESS OVER LIFETIME BUT FACE UPTAKE HURDLES
The lifetime costs of electric vehicles in India are less than those of Internal Combustion Engine (ICE) models across most vehicle segments. This facilitates adoption, especially for low-speed two- and three-wheelers as per the findings of BloombergNEF’s latest report, writes Ashish Bhatia.
WIDE-BODY DUMP SERIES
Allison Transmission has developed the Wide-Body Dump series for Heavy-Duty off-road applications. Ashish Bhatia looks at the advanced attributes that will come into play.
AUTOMATED COMMAND STEERING FUNCTIONS
The Government of India wants a permanent agency to expedite the publication of standards and development of test facilities in parallel,
CHARGEQ EV ECOSYSTEM
ChargeQ is building the EV ecosystem with unique offerings for emergency charging and an emphasis on grid balancing,
NIPPON MASTERCRAFT FOR THE LUXURY SEGMENT
Nippon Paint India, the leading paint and coating company in the Asia Pacific has launched an aftermarket one-stop shop brand Mastercraft.
ATMA SPOTLIGHTS TYRE INDUSTRY TRENDS
At the ATMA Annual Conclave, stakeholders of the tyre industry deliberated on greater sustainability and the adoption of emerging technologies to enhance productivity, writes Richa Tyagi.