Electric and Hybrid car market in India
The Indian automotive industry has started to experience these effects of the global disruption. Out of the four emerging trends, Electrification is of importance and might significantly impact auto OEMs and auto component manufacturers. India has big plans for the emerging Electric Vehicles and its technologies in the country. It has announced (and later modified some) ultimatums for the next decade.
- What is Electric vehicle?
- India Electric Car Market Competitive Landscape
- What is the growth Rate of electric vehicle in India?
- What is the position of India in pollution Index?
- Electric carmaker in India
- Which type of Electric vehicle manufacture in India?
- Which Type of Battery used in electric vehicle?
- Electric car model available in India
- Popular hybrid car models in India
What is Electric vehicle ??
An electric vehicle is a vehicle that 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.
India Electric Car Market Competitive Landscape:
Currently, the Indian electric car market is highly consolidated and is dominated by few players. Mahindra Electric Mobility Ltd. is the only manufacturer of BEVs and leads the market in the country.
Other players such as Toyota Kirloskar Motor Pvt. Ltd, BMW AG, Volvo Car Corporation, and Honda Motor Co. Ltd. are offering HEV models in the market.
What is the growth Rate of electric vehicle in India?
As per data of New Delhi : Electric vehicles sales, excluding e-rickshaws, in India grew by 20 per cent at 1.56 lakh units in 2019-20 driven by two-wheeler. Out of the total sales in 2020, (Appox fig.) 1.52 lakh units were two-wheeler, 3,400 cars and 600 buses. The corresponding sale for the 2018-19 was 1.26 two-wheeler, 3,600 cars and around 400 buses.
In 2018-19, total EV sales in India stood at 1.3 lakh units.
What is the position of India in pollution Index?
On the Environmental Pollution Index (EPI) 2018, India is among the bottom five countries in the environmental health category and ranked 178 out of 180 as far as air quality is concerned. India is currently following Bharat Stage IV (BS IV) norms and would be moving to BS VI emission standard by 2020.
Overall producing more emissions during the production stage, electric vehicles still pollute far less than Fuel-powered cars over the course of their lifespan.
Electric carmaker in India:
Mahindra Electric Mobility Limited, formerly known as the Reva Electric Car Company, is an Indian company based in Bangalore, involved in designing and manufacturing of compact electric vehicles.
The company’s first vehicle was the REVAi electric car, available in 26 countries with more than 4,000 of its different versions sold worldwide by mid March 2011. Reva was acquired by Indian conglomerate Mahindra & Mahindra in May 2010. After the acquisition, the company launched the electric hatchback e2o in 2013.
Currently, there are 5 electric cars on sale in India. Of these, the Tata Tigor EV is the cheapest EV while the Hyundai Kona Electric is the most expensive electric car in India. Upcoming electric cars in India include Tata Altroz EV,Mahindra eKUV100 and Audi e-tron among others.
Type of Electric vehicle in India:
In India Based on the technology, the Indian electric car market has been categorized into
BEV category held the largest share in the Indian market, contributing over 70% sales volume in 2017. The availability of considerable BEVs model, falling battery price, and lower upfront cost are expected to benefit the market.
Type of Battery used in electric vehicle:
On the basis of battery, the Indian electric car market has been classified into Lithium-Iron-Phosphate (LFP), Lithium–Nickel–Manganese Cobalt Oxide (Li-NMC), and others. The “others” category includes other Li-ion based batteries, such as Lithium–Titanate oxide (LTO) battery, Lithium–Nickel–Cobalt–Aluminum oxide (NCA) battery, nickel–metal hydride (NiMH) battery, and lead acid battery. LFP battery-based electric car was the largest category in the market, contributing over 65% sales volume in 2017.
Electric car model available in India
Popular hybrid car models in India
- Toyota Prius
- Toyota Camry
- BMW i8
- Maruti Suzuki Ciaz SHVS
- Honda Civic Hybrid
- Toyota Glanza
- MG Hector
References:
https://www.mahindraelectric.com/vehicles/ https://en.wikipedia.org/wiki/Electric_vehicle_industry_in_India https://auto.economictimes.indiatimes.com/tag/electric+vehicles+in+india https://nexonev.tatamotors.com/ https://www.mgmotor.co.in/vehicles/mgzsev2 https://www.hyundai.com/in/en/find-a-car/kona-electric/highlights
For more details what this video on youtube..