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03 Jun 2021  |  South Asia, Middle East & North Africa  |  Market Research

Indian Electric Vehicle (EV) Growth Opportunities

Battery Swapping, Emerging New Business Models, and Growing Charging Infrastructure are Expected to Drive Electric Vehicles in India

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Battery Swapping, Emerging New Business Models & Growing Charging Infrastructure are expected to drive the Electric Vehicle Industry in India Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions...

India’s commercial vehicle sector is undergoing a profound transformation as the country transitions toward electric mobility to reduce carbon emissions and improve energy efficiency. The electrification of medium- and heavy-duty trucks (MDTs and HDTs) is gaining momentum, driven by favorable government policies, declining battery prices, and the g...

23 Jan 2018  |  South Asia, Middle East & North Africa  |  Market Research

Indian Passenger Vehicles Market, Forecast to 2020

New Models Launched in the Super-compact, Mid-size, and Compact Sports Utility Vehicle Segment at Aggressive Pricings are Responsible for Driving the Indian Passenger Vehicle Market

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Driven by aggressive pricing and an increasing number of exports, passenger vehicle (PV) production in India is expected to grow at a CAGR of 9.0% from FY2015 to FY2020. New models—like Hyundai Xcent, Hyundai Creta, and Maruti Baleno—launched at aggressive pricing in different segments are responsible for driving the Indian PV market. Also, the lau...

20 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Research

Indian Connected Trucks Telematics Market, Forecast to 2022

Dormant CV Telematics Market to Become Active, With Government Regulations Causing a Growth Spurt

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The Indian connected trucks telematics market enjoys a diverse culture, with varying degrees of development in various regions of the country. It holds a unique set of market challenges nationwide. The market in India, for most parts, has historically remained dormant. However, recent developments in the political, social, and economical fronts hav...

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in ...