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Electric vehicles are rapidly becoming the preferred choice for last-mile delivery in India’s organized sector. Companies like Zomato and Swiggy use them for food delivery, Zepto for grocery delivery, and Amazon and Flipkart for the delivery of non-perishable items. The delivery segment has a growing demand for ‘fit-for-purpose’ electric two-wheelers that cater to its unique requirements. Numerous companies have launched lightweight electric scooters, designed for easy maneuverability in congested areas. Given their evident economic and environmental advantages, EVs are poised to be the preferred choice. EVJoints presents the top electric two-wheeler options in India for last-mile delivery: Yulu, Okinawa Autotech, eBikeGo®

India Revs Up for Electric Future: A Rise of New EV Brands Hit the Road India's automotive landscape is poised for a significant shift, with a remarkable 12 out of 14 new car brands planned for launch in the next financial year set to be electric vehicles (EVs). This strategic move aligns with the government's ambitious target of achieving 30% EV sales by 2030, signifying a resolute commitment to a cleaner and more sustainable transportation future. While this wave of electric offerings presents an exciting opportunity, key challenges persist: Affordability: Ensuring that EVs are accessible to a broader segment of the Indian market remains crucial. Innovative design strategies and cost-effective production methods will be essential in making EVs an attractive option for a wider consumer base. Range Anxiety and Infrastructure Deficit: Addressing concerns about driving range and readily available charging stations is vital for mass adoption. Expanding and strategically planning a robust charging network across the country will be essential to alleviate range anxiety and encourage widespread EV use. Despite these challenges, the potential of the EV revolution is undeniable. Forward-thinking companies like 3D Magic Info Solutions are committed to providing comprehensive solutions to empower automotive industry navigate this transformative journey. 3D Magic Info Solutions: Your Partner in the EV Revolution: Advanced Design Optimization: Our cutting-edge tools enable engineers to create lightweight, range-extended EV designs that are more cost-effective, ensuring affordability for a wider audience. Virtual Prototyping & Testing: We leverage virtual environments to refine performance and reduce the need for physical prototypes, saving time and resources, ultimately contributing to cost-efficiency. Sustainable Material Integration: Our expertise helps in identifying and incorporating eco-friendly materials into EV production, promoting environmental responsibility and aligning with India's sustainability goals. We recognize the challenges and opportunities at hand, and we are dedicated to working alongside industry leaders to shape a sustainable and accessible future of mobility for India. Together, we can ensure that India's automotive journey is not just electric, but also responsible, inclusive, and prosperous. What are your thoughts on the EV revolution? Share your ideas in the comments! #IndiaEVRevolution #SustainableMobility #FutureofMobility #3DMagicInfoSolutions #AutomotiveEngineering #AutomotiveManufacturing

54.75% of India's EVs are Two-Wheelers. India's electric vehicle industry is experiencing explosive growth, with ownership spreading across various states and UTs. This surge is driven by government incentives and a growing focus on sustainable mobility. A deep dive into the EVeready India dashboard, capturing data till December 2023, reveals some interesting insights: 🔌Two-wheeler dominance: Over half (54.75%) of India's 3.4 million EVs are electric scooters and motorcycles, highlighting their affordability and driving market volume. 🔌Three-wheelers follow suit: Electric three-wheelers, both passenger and cargo variants, make up another 40% of the market, showcasing their increasing popularity. 🔌Emerging segments: While still nascent, electric passenger vehicles, buses, and cargo vehicles also contribute to the growing EV landscape. This data suggests a strong foundation for India's EV future, with two- and three-wheelers playing a crucial role. As infrastructure and technology evolve, we can expect further expansion across all EV segments. P.S. - I share about the Electric Vehicles sector, leadership, marketing & business here, follow Manish Narang for such value-driven content. Follow Our Page EV Plugs. #electricvehicles #electricvehiclesarethefuture #distribution

In FY2024, the landscape of electric cars (E-Cars) in India witnessed significant advancements and shifts, highlighting evolving trends within the automotive industry. E-Car sales soared to over 99,000 units, marking an impressive 82% growth compared to FY2023. This surge is primarily driven by the introduction of electric fleets by ride-hailing companies, which has played a crucial role in accelerating the adoption of E-Cars. However, despite the notable increase in sales, the overall adoption rate within the E-Car segment has remained sluggish from the outset. This slow adoption can be attributed to a lack of robust policy support and a limited variety of models available to consumers. Without strong governmental incentives and a broader range of choices, potential buyers may hesitate to transition from traditional vehicles to electric options. The data underscores the importance of addressing these challenges to sustain the growth momentum in the E-Car market. Enhanced policy frameworks, increased model variety, and continued investment in charging infrastructure will be pivotal in driving further adoption of E-Cars in India. Source: JMK Research & Analytics, Vahan Portal , Telangana Dashboard Follow Humans Of EV #evupdate #electricvehicles #jmkresearch #sustainablemobility #electriccars #evsales #electricmobility #evcharging #innovation #evsales #humansofev #electric #electricvehicles #electricscooter #electriccars #electricbike #ebike #zeroemissions #emobility #sale #jmk  #charginginfrastructure #escooters #cars #electricmobility #teslamotors #car #scooter #gogreen #carsofinstagram #model #ecofriendly #goelectric #evnews #electriccharging #evcharginginfrastructure #chargingstation

Driving the Future: Why India Must Transition to Electric Vehicles? As the world grapples with the escalating climate crisis, India's shift towards electric vehicles (EVs) is not just a choice, but a necessity. Here are some compelling reasons why this transition is crucial for India's #sustainable future. Download the full report to delve deeper into the future of electric mobility in India - https://lnkd.in/g5qVMnzY Stay tuned with Praxis Global Alliance for more #PraxInsights from our compelling report 'ELECTRIFY30: Driving the Future of Mobility'. #ELECTRIFY30 #FutureOfMobility #ElectricMobility #EV #GreenerFuture #PraxisReport Society of Indian Automobile Manufacturers (SIAM) | Indian Venture and Alternate Capital Association (IVCA) | FICCI | NITI Aayog | ACMA India | SMEV | EMFAI

NSE launches India’s first Electric Vehicle index: NSE’s index services subsidiary, NSE Indices Limited on 30 May launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty EV & New Age Automotive index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology. The Government of India has always been at the forefront of framing policies related to e- vehicles (EV) adoption in the country to promote India as a manufacturing destination so that EVs with the latest technology can be manufactured in the country and attract investments in the e-vehicle space by reputed global EV manufacturers, thereby giving a boost to the Make in India initiative. contact me for investment requirements #nse #index #ev #makeinindia

Wondering which companies are driving the future of electric vehicles and automotive innovation? NSE India recently launched the Nifty EV & New Age Automotive index. This new thematic index will track companies in the EV ecosystem and those developing cutting-edge automotive technology. With the Indian government pushing policies to boost EV adoption and attract global investment, this index is set to play a pivotal role in promoting India as a leading EV manufacturing hub. A step forward for the Make in India initiative! #EV #Automotive #Innovation #MakeInIndia #NSE

Good News For EV buyers The Ministry of Heavy Industries extends the Electric Mobility Promotion Scheme 2024 by two months. 📅 New Timeline: Originally set to end on July 31, 2024, now extended to September 30, 2024. 💰 Increased Budget: Scheme's outlay raised from Rs 500 crore to Rs 778 crore. 🔋 Focus on EV Adoption: EMPS 2024 aims to promote electric two-wheelers (e-2W) and three-wheelers (e-3W), including registered e-rickshaws and e-carts. 🎯 Revised Targets: Support for 560,789 EVs - 500,080 e-2Ws and 60,709 e-3Ws. 🌍 Green Initiatives: Supports affordable and eco-friendly public transportation options, including incentives for privately or corporate-owned e-2Ws. 🔄 Following FAME II: EMPS 2024 succeeds the FAME II program, which subsidized 13.65 lakh two-wheelers over three years but ended in March 2024, causing market disruption. 📈 Industry Relief: Extension and enhancement of EMPS 2024 expected to stabilize the EV market and encourage growth. ⚡ Advanced Technologies: Incentives available only for EVs with advanced batteries. 🏭 Domestic Manufacturing: Phased Manufacturing Programme (PMP) to boost local manufacturing, aligning with Aatmanirbhar Bharat. 📉 **Challenges Remain**: Need for better financing options and appealing to traditional two-wheeler buyers. Technological hurdles in electrifying motorcycles also persist. 🏎️ Industry Efforts: Both new and legacy players, including Ola Electric, Ather, Hero MotoCorp, Bajaj Auto and TVS Motor, are ramping up efforts in the EV space. With government support renewed through EMPS 2024, the industry is poised to overcome recent setbacks and drive forward in India's EV revolution. #ElectricVehicles #EV #EMPS2024 #GreenInitiatives #AatmanirbharBharat #Sustainability #ElectricMobility #IndiaEVTransition

India’s electric vehicle (EV) market is entering a transformative decade, poised to become a global hotspot for innovation and investment. With a surge in electric two-wheelers, cars, and commercial fleets, supported by favorable government policies and rising customer interest, the opportunities are boundless. However, challenges like low localization of parts and the need for robust charging infrastructure remain. Join us on November 21 for an exclusive webinar exploring strategic imperatives and growth opportunities in this dynamic landscape. Discover how automakers can align with India’s EV growth story, from leveraging supply chain innovations to tapping into funding opportunities that accelerate development. Secure your spot today! https://frost.ly/b1n #ElectricVehicles #EVIndia #SustainableMobility #FutureOfTransportation #EVGrowth Turab Khan | Prajyot Sathe | Manek Kohli