India Electric Vehicle Market Trends 2022-2027

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India Electric Vehicle Market Research and
Forecast Report 2022-2027




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
India Electric Vehicle Market Research
Report According to the latest report by IMARC
Group, titled India Electric Vehicle Market
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2022-2027, the region2 electric
vehicle market reached a strong growth in
2021.  Electric vehicles or EVs are
self-propelling automobiles that operate on
electricity. They consist of an electric motor
that requires a constant energy supply from
batteries to function. Some standard electric
vehicles include battery electric vehicles,
hybrid electric vehicles, and plug-in hybrid
electric vehicles. They can be charged by
self-charging devices, such as turbochargers and
regenerative braking systems, that convert
kinetic energy into electrical energy. EVs have
also emerged as a convenient and eco-friendly
mode of transportation and are increasingly used
for conveying passengers and goods. They also
reduce harmful exhaust emissions that are usually
emitted from fuel-based vehicles. Request Free
Sample Report https//www.imarcgroup.com/india-el
ectric-vehicle-market/requestsample
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Report Description and Highlights
Report Description

India Electric Vehicle Market Trends The India
electric vehicle market is primarily driven by
the rising demand for fuel-efficient and
high-performance transportation systems. In
addition, the increasing prices of transportation
fuels like petrol, diesel, and CNG is also
fueling the market growth. Besides this, EVs do
not emit tailpipe emissions, reduce oil
dependency, and are economical to operate
compared to traditional automobiles. Asa result,
the Government of India is implementing stringent
rules and regulations regarding vehicle emissions
and promoting the adoption of EVs to reduce
carbon footprint, thus facilitating market
growth. They are also launching financial aids
and subsidies to help consumers purchase EVs.
Furthermore, extensive investments to upgrade
charging infrastructure, along with technological
advancements like the integration of GPS
navigation, remote sensors, and anti-theft
locking systems, are creating a positive outlook
for the market. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2022-2027).
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Report Description and Highlights
Report Description
Market Summary Breakup by Vehicle Type
Passenger Vehicles Commercial Vehicles
Others Breakup by Price Category Mid-Range
High/Luxury Range Breakup by Propulsion Type
Battery Electric Vehicle Hybrid Electric
Vehicle Plug-In Hybrid Electric Vehicle

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Report Description and Highlights
Report Description
Breakup by Region North India West and
Central India South India East India Note
We are updating our reports, If you want latest
primary and secondary data (2022-2027) with Cost
Module, Business Strategy, Distribution Channel,
etc. Click request free sample report.
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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Ampere Vehicles Private Limited (Greaves Cotton
  Limited)
• Ather Energy Pvt Ltd
• Atul Auto Limited
• Bajaj Auto Limited (Bajaj Group)
• Electrotherm (India) Ltd.
• Hero Electric (Hero Eco Group)
• Hyundai Motor India Limited (Hyundai Motor
  Company)
• JBM Auto Limited, Mahindra Electric Mobility
  Limited (Mahindra Mahindra Ltd)
• MG Motor India Pvt. Ltd (SAIC Motor Corporation
  Limited)
• Okinawa Autotech Pvt. Ltd
• Olectra Greentech Ltd.
• Piaggio Vehicles Pvt. Ltd. (PIAGGIO C. SPA)
• Tata Motors Limited (Tata Group)
• TVS Motor Company (Sundaram - Clayton Limited)
• VE Commercial Vehicles Limited.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/india-electric-vehicle-
  market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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may also not be used in any form or by and means
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photocopying, recording, taping or by information
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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