The Electric Vehicle Revolution #WSH52

The EV revolution in India is unstoppable and it will pave the way for a cleaner and greener future. Don’t miss to participate in the growth story.

The EV revolution has come to the world, and there are many drivers of it. One driver is Elon Musk, who founded Tesla Motors. He wants to reduce the risk of global warming by transitioning away from fossil fuels. Another driver is the government, which provides tax incentives for people who buy an EV.

To fight climate change, we need to cut our dependency on gas-powered cars. I believe that the EV revolution will be a movement which will help us transition from a gas-powered car society to one where electric cars dominate.

Tesla and India: Reaching the Bottom of the Pyramid

Tesla is looking to bolster its business in India, with Elon Musk tweeting that Tesla will unveil the Model 3 this June. There are about 100,000 new EVs sold per month in India, and the company is looking at a three-year time horizon for profitability. The Indian government has set up few policies to promote the usage of electric vehicles. The companies like Mahindra & Mahindra, Tata Motors, Hero Motocorp, Ampere Vehicles Private Limited and Erover are some of the major players in the EV industry in India driving the transition to electric vehicles, creating new opportunities in industries such as automotive, energy storage, and automotive finance.

The Indian Diesel/ Petrol Market

With a population of 1.3 billion people, nearly a quarter of the world’s population lives in India. The Indian auto market is the fifth-largest by size and the third-largest by number of vehicles sold. In comparison, there are about 5 million electric vehicles in the United States today, which accounts for about 1% of total vehicles.  The Indian Prime Minister Narendra Modi has set a goal of an all-electric car fleet by 2030. In addition, the government is planning to rely heavily on EVs for public transportation.

Automotive Industry Trends

The automobile industry is completely changing. There are now more electric vehicles than gasoline powered cars on the road. Indian companies are investing heavily in this new technology, which will soon be all around us. India’s EV market is currently dominated by Mahindra & Mahindra which has a market share of 42%. The other major players include Tata Motors (27%), Hero Electric Vehicle Company (25%) and Kinetic Green Technologies (5%).

How Will Electric Vehicles Change the Auto Industry?

It is estimated that by 2030, there will be 240 million electric vehicles on the roads. The US may have exported over 100,000 electric cars in 2017. While the number of electric cars available at this time is still limited, it can help you to make a plan for how you might be able to adopt them in the future. The electrification of transport will likely trigger a paradigm shift in how we think about our cities. The traditional urban model, which is based on the assumption that fossil fuel will remain cheap and readily available for decades to come, will be replaced with one that focuses on sustainable energy (solar, wind) and driving the transition to electric mobility.

The EV revolution in India is unstoppable and it will pave the way for a cleaner and greener future.

The EV revolution has come to the world, and there are many drivers of it. One driver is Elon Musk, who founded Tesla Motors. He wants to reduce the risk of global warming by transitioning away from fossil fuels. Another driver is the government, which provides tax incentives for people who buy an EV.

To fight climate change, we need to cut our dependency on gas-powered cars. I believe that the EV revolution will be a movement which will help us transition from a gas-powered car society to one where electric cars dominate.

Tesla and India: Reaching the Bottom of the Pyramid

Tesla is looking to bolster its business in India, with Elon Musk tweeting that Tesla will unveil the Model 3 this June. There are about 100,000 new EVs sold per month in India, and the company is looking at a three-year time horizon for profitability. The Indian government has set up few policies to promote the usage of electric vehicles. The companies like Mahindra & Mahindra, Tata Motors, Hero Motocorp, Ampere Vehicles Private Limited and Erover are some of the major players in the EV industry in India driving the transition to electric vehicles, creating new opportunities in industries such as automotive, energy storage, and automotive finance.

The Indian Diesel/ Petrol Market

With a population of 1.3 billion people, nearly a quarter of the world’s population lives in India. The Indian auto market is the fifth-largest by size and the third-largest by number of vehicles sold. In comparison, there are about 5 million electric vehicles in the United States today, which accounts for about 1% of total vehicles.  The Indian Prime Minister Narendra Modi has set a goal of an all-electric car fleet by 2030. In addition, the government is planning to rely heavily on EVs for public transportation.

Automotive Industry Trends

The automobile industry is completely changing. There are now more electric vehicles than gasoline powered cars on the road. Indian companies are investing heavily in this new technology, which will soon be all around us. India’s EV market is currently dominated by Mahindra & Mahindra which has a market share of 42%. The other major players include Tata Motors (27%), Hero Electric Vehicle Company (25%) and Kinetic Green Technologies (5%).

How Will Electric Vehicles Change the Auto Industry?

It is estimated that by 2030, there will be 240 million electric vehicles on the roads. The US may have exported over 100,000 electric cars in 2017. While the number of electric cars available at this time is still limited, it can help you to make a plan for how you might be able to adopt them in the future. The electrification of transport will likely trigger a paradigm shift in how we think about our cities. The traditional urban model, which is based on the assumption that fossil fuel will remain cheap and readily available for decades to come, will be replaced with one that focuses on sustainable energy (solar, wind) and driving the transition to electric mobility.

Going forward we’d cover extensively about EV and the industries participating.

  1. The major players in the EV industry
  2. Who is leading the electric vehicle revolution and what kind of companies stand to benefit?
  3. The future of electric transport.

Comment if you have your views, and stocks to invest in the EV segment.

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