Innovation Segment : Non-storage EV components

Challenges

Auto-parts makers to see surge in EV orders as electric era beckons

India

Though the Indian electric vehicles market is still in a nascent stage, auto component makers here are seeing a gradual increase in orders for EV parts, signalling the impending vehicle technology transition in the near future.  Despite challenges and recent disruptions due to Covid-19, two and three-wheeler segments in India have been witnessing quick adoption of electric vehicles due to price parity and other cost benefits.


Relevant for

  • Marketing & sales management professional
  • Advertising & communications professional
  • Mechanical engineer
  • Automobile engineer
  • Electrical engineer
  • Electronics engineer
  • Power electronics engineer
  • Microelectronics engineer
  • Material sciences professional

Innovation sector

  • Electrical engineering
  • Electronics & communications
  • Logistics & transportation

Other Challenges

Stakeholders

  • Startup or entrepreneur
  • Solution provider
  • Corporate management