Events

FICCI’s Electric Vehicle Committee and YES BANK, establishes a vision for e-mobility in India for 2047, and an accelerated road-map to achieve the same. It identifies key aspirations the sector has potential to achieve over the next 25 years – from market development (87% xEV penetration in new vehicle sales), to local industry development (where >85% of the xEV value chain can be localized), and being a key pillar towards India’s net zero goals. Segment XEV Penetration level (%) in New Vehicle Sales by 2047 2W 90 3W 91 Passenger vehicles 79 Buses 67 The report identifies opportunities offered by ...