Electric Vehicles Market in India – 2017

Boston, MA

ReportsWorldwide has announced the addition of a new report title Electric Vehicles Market in India – 2017 to its growing collection of premium market research reports.

The Indian automobile industry is one of the largest growing markets of the world, and contributes highly in the country’s manufacturing facilities. Not only this, the automotive industry in India is further expected to pull up the share of manufacturing in India’s GDP to 25% by 2022 from 15% currently, with production of Electric Vehicles being new talk of the town. However, India’s electric vehicle industry is a newly born baby when compared with the other international markets such as US, China & Europe etc. which are way too matured. China, being the leader holds nearly 50% share of the global electric vehicle market during 2016, with India accounting to be an invisible industry participant having a share of 0.1%.

Although, the India’s EV market is at very nascent stage as of now, but the enablers given by the government are quite enough for it to grow for taking its first step. Glimpse of which can be very clearly seen with Tata’s of the world all set to reveal its first ever EV for Indian market during 2017 itself. However, with all the glaring opportunities, there still exist certain challenges for the growth of Indian EV market, one such being lack of lithium deposits. While this does present a challenge to setting up a viable battery manufacturing plant in India, it also means that companies must look for other options to power such vehicles. Although , currently the challenges seem to outweigh the opportunities in India but the right steps from government in sprucing up the support dynamics for EVs in India at distinct levels is anticipated to transform into a gripping opportunity galore in future.

To view a detailed description and Table of Contents please visit: https://www.reportsworldwide.com/report/electric-vehicles-market-in-india-2017

Key Highlights:
• Identifying gains for energy storage market in India
• Evaluating the cost factor for both batteries and fuel
• Promoting energy storage – DER adaptability
• Opportunity assessment for value chain players
• Opportunity for smart grid player through electric vehicle market
• Scenario wise market assessment for high plug-in hybrid electric vehicle
• Filtering Opportunities for STU’s and Bulk Consumers

To Get Sample Copy of Report please visit @ https://www.reportsworldwide.com/enquiry?report_id=42280

Key Queries Resolved
• What are the growth factors for EV market in India?
• What is the current manufacturing ability for PEV, HEV & BEV in India?
• What shall be the manufacturing status for PEV, HEV & BEV in India till 2030?
• What will be the state wise determination & benchmarks in India for electric vehicle adaptability till 2030?
• What will be the opportunities for smart grid players in electric vehicle market till 2030?
• What is regulatory and policy landscape for electric vehicles market in India?
• What will be the market size for HEV , PEV & BEV in India till 2030?

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This release was published on openPR.