Charging ahead: An overview of the EV market in India

A slow-burning shift has begun. The MG ZS EV has the largest battery currently available in India in the segment of EVs priced at less than ₹25 lakh, a 44.5 kWh battery with an estimated range of 419 km. Besides, the government has already framed a policy allowing petrol pumps to set up EV charging stations.”... Pratik Kamdar, co-founder of Neuron Energy, which manufactures batteries for two-wheeled EVs “With the government’s commitment towards making EV battery manufacturing self-reliant in India, the environment is vibrant to maximise intelligent manufacturing capabilities and focus on tech innovations to make the country EV-prosperous in the next five to seven years.”... Anand Kulkarni, vice-president and product line head for passenger EVs at Tata Motors “The Indian BEV market is on an exponential growth path. It is being shaped by a series of favourable factors such as a positive word-of-mouth from existing customers, policy push, increases in petrol and diesel prices and an expected reduction in the battery cost.”... Hemang Shah, India head for the UK-based EO Charging, makers of portable EV chargers “If you note the data from around the world, there has been a gradual development in the growth of EV in the last few years. We don’t feel the problems now when we are at < 1% adoption, but we’ll start feeling them soon.”... Praneet Gupta, partner at management consultancy Bain & Company “In India the best warranties being offered on EV battery life extend to 8 years / 160,000 km.