India Automotive High Performance Electric Vehicle Market-Industry Analysis and forecast 2020 – 2027: Drive Type, Vehicle Type, and by Geography.

India Automotive High Performance Electric Vehicle Market is expected to reach US$ 13.23 Bn by 2027, at a CAGR of 20.56% during the forecast period.   India Automotive High Performance Electric Vehicle Market To know about the Research Methodology :- Request Free Sample Report

India Automotive High Performance Electric Vehicle Market:

Automotive High Performance Electric Vehicle can be distinguished from other electric vehicle on aspects, containing longer range of distance i.e., over 150 miles in a single charge, high acceleration, & their ability to attain a speed of over 90 miles/ hour with faster acceleration of 0 to 60 miles/hour. However purely electric vehicles have some limitations, usually counting with lower range & higher weight. India’s ambition of becoming a global hub for making electric vehicles faces one key hurdle: its lack of access to lithium. India’s EV production will rely on imports from China of lithium chemicals used to make cathodes & battery cells. China has a thriving lithium chemical, battery cathode, battery cell & EV supply chain.

Electric Cars & Buses adoption to lag post Covid-19:

Lack of long-range Electric vehicles, price range of acquisition has been the main restraint for electric passenger car uptake in India. Electric cars have not been a success story in India in the past, but the market will grow. In passenger cars & buses, the uptake will be low till the problem of charging infrastructure is addressed. Until there’s a fast-charging network, it will always be a challenge. The government needs to boost electric vehicle imports with tax benefits or aggressively promote “Make in India” to achieve milestone. Adoption of electric buses will be driven by the government demand & the government is committed to putting 15-20 thousand buses in the next years.

An opportunity for India:

There is a huge difference in power electronics in the global market. India, particularly, can build these at lower charges & not just power electronics but the whole system, the motor, the batteries. Around 61 percent share will be established by the two-wheeler segment in the power electronics market in 2025. Whereas, in cell manufacturing, batteries & electric motors, the Korean, the Japanese and the Chinese companies are leading. Around 1/3rd of the electric vehicle motor market will develop from demand in electric Buses in India in 2025.

Initiative should take by the Indian Government in Electrification:

The Government attention needs to be on investment in localized manufacturing across the value chain, skills improvement & building electric vehicle Infrastructure in the country enhanced by short term incentives. There should be enhancement in electric vehicle Infrastructure including setting up & implementing a fast charging group that builds fast-charging network every 50mn on Indian highways.” The government should try to enable build value chain capabilities from the cell, power electronics, and motors & boost localization through SMEs. There is a need for government-industry partnerships to develop Giga Battery production plans as the EV shift requires huge investments.

Golden Period for global electric Vehicle Industry

2022-23 will be the golden period for electric vehicles with the number of launches growing significantly & battery values coming down which would provide a very vital motivation to the evolution of the global electric vehicle industry. By 2025, 30-35 % of sales are expected to be electric which contains mild hybrid, full hybrids, plug-in, & battery. In terms of battery electric vehicles, about 10-12 % of global sales will be fully electric. Mild hybrid systems especially 12Volt systems, 48Volt systems, and 12+12 volt systems could be very attractive options for markets such as China & India, especially in the small-to-medium segment. The objective of the report is to present a comprehensive analysis of the India Automotive High Performance Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India Automotive High Performance Electric Vehicle Market dynamics, structure by analyzing the market segments and project the India Automotive High Performance Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the India Automotive High Performance Electric Vehicle Market make the report investor’s guide.

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India Automotive High Performance Electric Vehicle Market, By Drive Type

• Plug-in Hybrid • Pure Electric

India Automotive High Performance Electric Vehicle Market, By Vehicle Type

• Passenger Car • Commercial Vehicle

India Automotive High Performance Electric Vehicle Market Key Players

• Hyundai Motor Company • Mahindra Electric Mobility Limited • Volvo Car Corporation • Toyota Kirloskar Motor Pvt. Ltd • Tata Motors Limited • Honda Motor Co. Ltd.
India Automotive High Performance Electric Vehicle Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: India Automotive High Performance Electric Vehicle Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. India Automotive High Performance Electric Vehicle Market Analysis and Forecast 7. India Automotive High Performance Electric Vehicle Market Analysis and Forecast, by Drive Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Automotive High Performance Electric Vehicle Market Value Share Analysis, by Drive Type 7.4. India Automotive High Performance Electric Vehicle Market Size (US$ Mn) Forecast, by Drive Type 7.5. India Automotive High Performance Electric Vehicle Market Analysis, by Drive Type 7.6. India Automotive High Performance Electric Vehicle Market Attractiveness Analysis, by Drive Type 8. India Automotive High Performance Electric Vehicle Market Analysis and Forecast, by Vehicle Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. India Automotive High Performance Electric Vehicle Market Value Share Analysis, by Vehicle Type 8.4. India Automotive High Performance Electric Vehicle Market Size (US$ Mn) Forecast, by Vehicle Type 8.5. India Automotive High Performance Electric Vehicle Market Analysis, by Vehicle Type 8.6. India Automotive High Performance Electric Vehicle Market Attractiveness Analysis, by Vehicle Type 9. India Automotive High Performance Electric Vehicle Market Analysis 9.1. Key Findings 9.2. India Automotive High Performance Electric Vehicle Market Overview 9.3. India Electric Vehicle Motor Value Share Analysis, by Type 9.4. India Automotive High Performance Electric Vehicle Market Forecast, by Drive Type 9.4.1. Plug-in Hybrid 9.4.2. Pure Electric 9.5. India Automotive High Performance Electric Vehicle Market Forecast, by Vehicle Type 9.5.1. Passenger Car 9.5.2. Commercial Vehicle 9.6. PEST Analysis 9.7. Key Trends 9.8. Key Developments 10. Company Profiles 10.1. Market Share Analysis, by Company 10.2. Competition Matrix 10.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicle Type and R&D investment 10.2.2. New Product Launches and Product Enhancements 10.2.3. Market Consolidation 10.2.3.1. M&A by Regions, Investment and Vehicle Type 10.2.3.2. M&A Key Players, Forward Integration and Backward Integration 10.3. Company Profiles: Key Players 10.3.1. Hyundai Motor Company 10.3.2. Mahindra Electric Mobility Limited 10.3.3. Volvo Car Corporation 10.3.4. Toyota Kirloskar Motor Pvt. Ltd 10.3.5. Tata Motors Limited 10.3.6. Honda Motor Co. Ltd. 11. Primary Key Insights.
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