The Indian electric vehicle industry has gathered momentum with rapid action on the ground, both from industry with new projects and from the government with its policy initiatives.
Sales of electric vehicles are on steroids at present. After a setback in 2020-21, sales have picked up again, though two-wheelers suffered a setback in June sales as the government pared its subsidy.Leading industry players to have entered the electric vehicles manufacturing space include the Tatas, OLA Electric Mobility, Mahindra Electric, Hero Group, TVS, Greaves Cotton and Ather Energy. New launches by Hyundai, Kia, and – above all – Maruti are in the pipeline. Providing infrastructure support to the EV sector are a clutch of battery makers, makers of battery materials, and those enhancing the charging infrastructure.
The Event
Business Standard is organising a half-day event in Delhi with the objective of helping crystallize the opportunities, challenges, and policy options before the electric vehicles sector. The workshop is expected to facilitate a new blueprint for the growth of the industry.