Press "Enter" to skip to content

ETAuto Exclusive: Indian EV industry records INR 25,045 crore investments in last seven months – ETAuto

We have updated our terms and conditions and privacy policy
Click “Continue” to accept and continue with ET Auto
Dear user,

ET Auto privacy and cookie policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website.

You can see our privacy policy & our cookie policy. We use cookies to ensure the best experience for you on our website.

If you choose to ignore this message, we’ll assume that you are happy to receive all cookies on ET Auto.
Maruti reports lowest market share in 8 years, Tata Motors at 13 years high
India’s growing influence in this global Tier 1’s technology play.
Pushing boundaries for a cleaner, safer, and susta..
Rising From Uncertainties


Fool Proofing the Growth Momentum

Rising From Uncertainties
The Era of Electric Vehicles – Are We Already Ther..

Bringing Continuity in Crisis
27 May 2020












Collective investment done by e2W, e4W, EV component makers, electric commercial vehicles, and last-mile delivery companies was recorded at INR 25,045.31 crores during January-July 2021. Meanwhile an independent study conducted by the CEEW Centre for Energy Finance (CEEW-CEF), says the EV market in India will be worth USD 206 billion by 2030 if India maintains steady progress to its 2030 target. This would necessarily entail an investment of over USD 180 billion in vehicle manufacturing and charging infrastructure.
Recommended by ColombiaColumbia
225000+ Industry Leaders read it everyday
Car production is expected to be affected for the rest of 2022 because of the semiconductor supply crunch. For the two-wheeler segment, the rural recovery is still remote and the market for commuter motorcycles is yet to recover from the second COVID wave. Meanwhile, the commercial vehicle and the tractor segments are showing some signs of recovery.
The company launched its maiden scooter Simple One back in August 2021 and will begin deliveries only by June but is prepared for 1 lakh bookings by then to be serviced by the end of 2022. Given Bhavish Aggarwal’s struggles at Ola Electric with ramp up and deliveries to customers, Simple’s Suhas Rajkumar is going slow and steady opting for caution knowing that for a three year old startup, he cannot afford to have his scooters stutter on the roads.
We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc.
Please contact us to know more details.
Get ETAuto‘s top stories every morning in your email inbox.
225000+ Industry Leaders read it everyday
Follow @ETAuto for the latest news, insider access to events and more.

source