ANNOUNCEMENTS
The global automobile industry is seeing a major shift towards e-mobility over the past decade. There is a rapid increase in concept cars being turned into production cars over the years. Global automotive experts indicated that this disruption could significantly affect the automotive value chain. New technological players in the industry might acquire a considerable share of revenues and profits from traditional businesses by 2030 while some OEMs or suppliers may even cease to exist by that time due to the arrival of EVs. Of the various disruptive trends, electrification in particular is likely to have the most deep-rooted and immediate impact on the automotive industry all over the world. Following the suit, India also has big plans for the emerging Electric Vehicles and its technologies in the country. It has announced (and later modified some) ultimatums for the next decade. Stricter emission regulations, lower battery costs, more widely available fast charging infrastructure, increasing consumer acceptance and better total cost of ownership (TCO) will create new and strong momentum for the adoption of EVs in the near future. In this study it is aimed to highlight, counter and suggest some solutions to the challenges that lie ahead specifically by analyzing the current EV scenario in India and by taking learnings from other countries.”
Key words: E- mobility, automotive disruptions, e- transport, electric Vehicles, charging infrastructure, charging stations, future electrification, future mobility
