India Electric Vehicle Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

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India Electric Vehicle Market Research and
Forecast Report 2024-2032

• Format PDFEXCEL

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About IMARC Group

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "India Electric Vehicle Market Industry
  Trends, Share, Size, Growth, Opportunity and
  Forecast 2024-2032," the India electric vehicle
  market size reached US 1,327.8 Million in 2023.
• An electric vehicle or EV is a mode of
  transportation that relies on electricity to
  power its propulsion system. It consists of an
  electric motor powered by a rechargeable battery
  pack, which reserves electrical energy, usually
  derived from the electrical grid, and supplies it
  to the motor to generate motion.
• Additionally, electric vehicles are gaining
  popularity due to their environmental benefits
  and efficiency and produce zero tailpipe
  emissions, reducing air pollution and
  contributing to a cleaner environment. It is also
  energy-efficient, with high energy conversion
  rates and regenerative braking systems that
  capture and store energy typically lost as heat
  in conventional vehicles. Nowadays, the electric
  vehicles are widely adopted across the country to
  curb emissions.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/india-electric-vehicle-
  market/requestsample

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Report Description

• India Electric Vehicle Market Trends
• The market is primarily driven by the growing
  awareness campaigns and educational initiatives
  launched to inform the public about the benefits
  of electric vehicles. It contributed to changing
  perceptions and increasing acceptance among
  consumers. In addition, the adoption of electric
  vehicles by corporations to save costs while
  benefiting from tax incentives and lower
  operating costs is augmenting the market growth.
  Moreover, the government of India (GoI) is
  encouraging the promotion of electric vehicles
  through various policies and initiatives,
  including subsidies and incentives for
  manufacturers and consumers, representing another
  major growth-inducing factor. These incentives
  include reduced goods and service tax (GST) rates
  and income tax benefits encouraging automakers to
  invest in EV manufacturing. Along with this, the
  integration of electric vehicles for urban
  mobility solutions, such as e-rickshaws and
  electric two-wheelers for last-mile connectivity
  and transportation in densely populated cities,
  provides an efficient and eco-friendly way to
  navigate through traffic-congested areas,
  propelling the market growth.
• Looking forward, IMARC Group expects the market
  value to reach US 102,610.8 Million by 2032,
  exhibiting a CAGR of 60.2 during the forecast
  period (2024-2032).
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/india-electric-vehicle-
  market

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Report Segmentation

• Vehicle type Insights
• Passenger Vehicles
• Commercial Vehicles
• Others
•  
• Price Category Insights
• Mid-Range
• High/Luxury Range
• Propulsion Type Insights
• Battery Electric Vehicle
• Hybrid Electric Vehicle
• Plug-In Hybrid Electric Vehicle

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Report Segmentation

• Regional Insights
• North India
• West and Central India
• South India
• East India

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Competitive Landscape with Key Players

• Ampere Vehicles Private Limited (Greaves Cotton
  Limited)
• Ather Energy Pvt Ltd
• Atul Auto Limited
• Bajaj Auto Limited (Bajaj Group)
• Electrotherm (India) Ltd.
• Hero Electric (Hero Eco Group)
• Hyundai Motor India Limited (Hyundai Motor
  Company)
• JBM Auto Limited
• Mahindra Electric Mobility Limited (Mahindra
  Mahindra Ltd)
• MG Motor India Pvt Ltd (SAIC Motor Corporation
  Limited)
• Okinawa Autotech Pvt Ltd
• Olectra Greentech Ltd.
• Piaggio Vehicles Pvt. Ltd. (PIAGGIO C. SPA)
• Tata Motors Limited (Tata Group)
• TVS Motor Company (Sundaram - Clayton Limited)
• VE Commercial Vehicles Limited

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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5 India Electric Vehicle
  Market
• 5.1 Market Overview
• 5.2 Market Performance
• 5.2.1 Volume Trends
• 5.2.2 Value Trends
• 5.3 Impact of COVID-19
• 5.4 Market Forecast
• 5.4.1 Volume Trends
• 5.4.2 Value Trends
• 6 India Market Breakup by Vehicle Type
• 6.1 Passenger Vehicles
• 6.1.1 Market Trends
• 6.1.2 Market Forecast
• 6.2 Commercial Vehicles
• 6.2.1 Market Trends
• 6.2.2 Market Forecast       

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Table of Contents

• 6.3 Others
• 6.3.1 Market Trends
• 6.3.2 Market Forecast
• 7 Market Breakup by Price Category
• 7.1 Mid-Range
• 7.1.1 Market Trends
• 7.1.2 Market Forecast
• 7.2 High/Luxury Range
• 7.2.1 Market Trends
• 7.2.2 Market Forecast
• 8 Market Breakup by Propulsion Type
• 8.1 Battery Electric Vehicle
• 8.1.1 Market Trends
• 8.1.2 Market Forecast
• 8.2 Hybrid Electric Vehicle
• 8.2.1 Market Trends
• 8.2.2 Market Forecast
• 8.3 Plug-In Hybrid Electric Vehicle
• 8.3.1 Market Trends

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Partial List of Clients
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Partial List of Clients
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Disclaimer

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