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India’s electric vehicle revolution is here. Our CEO Venkat Rajaraman explores six trends that are likely to shape the sector’s ongoing growth in the country.
India’s transportation sector is very unique. Unlike most Western countries, Indian drivers predominantly ride on two-wheeled and three-wheeled vehicles like motorcycles, mopeds and auto rickshaws. With over 80% of the vehicles on Indian roads consisting of two-wheelers and three-wheelers
Read more : EV-revolution-trends
Cygni will use the funds to fuel product development, business growth, grow the engineering division to fast-track the product development cycle and set up a new greenfield manufacturing facility in the state of Telangana.
Read more : Cygni Greenfield Manufacturing
India is in the midst of transition to electric vehicles (EVs). Several think-tanks including NITI Aayog and CEEW have predicted that there would be 80 per cent EV adoption in two wheelers and three wheelers by 2030. Even a conservative estimate predicts that there would be 6 million EVs in India by 2025.
Entrepreneur India Article: Switch To Lithium-ion Battery
The last several months have been tough for the EV industry, specifically the 2-wheeler segment with multiple instances of fire and even a case of explosion in 2 wheelers using Lithium ion (Li-ion) based battery packs.
The reactions from media and “EV experts” have ranged from outright dismissal of the potential of EVs for India’s de-carbonization drive to blaming “sub-standard” cells and materials. The objective of this article is to understand the issue from first principles and discuss the ways in which this can be avoided through design, quality and thorough testing so that the customer safety is given the highest priority.
Motown India Article: EV Fires
A Step In The Right Direction: Venkat Rajaraman Over Latest BIS Standards On EV Batteries | ET Now