印度電動車市場，2024-2031年

在地化製造、創新和規模經濟將在未來2-5年推動轉型成長

印度正逐漸普及電動四輪車，並已成為全球企業的主要市場。印度電動車市場的成長主要得益於政府的措施和激勵措施，這些措施和獎勵著重於製造在地化、供應鏈安全、出口競爭力和環保意識。為了滿足日益成長的需求，全球和國內企業印度市場推出新的電動車車型。這不僅為充電基礎設施供應商和電池技術公司創造了巨大的機會，也催生了創新的融資經營模式，增強了本地電動車零件製造能力，並鼓勵公共和私人企業推動汽車電氣化。

本次調查涵蓋的主題包括：

• 影響印度電動車市場的產業趨勢
• 各地區/州電動車滲透率
• 主要OEM對電動車銷售的貢獻
• OEM製造基礎設施、投資和市場開發方法
• 印度電動車市場的未來前景

目錄

研究範圍

• 印度電動車市場概況
• 地理細分

印度電動車市場的轉型

• 為何成長變得越來越困難？
• The Strategic Imperative 8
• 三大策略要務對印度電動車市場的影響

生態系統

• 調查方法
• 調查中需要回答的問題
• 競爭環境
• 主要競爭對手
• 影響電動車OEM的因素
• 電動汽車通路

成長引擎

• 主要調查結果：現在與未來的展望
• 關鍵成長指標
• 成長動力
• 成長抑制因素
• 影響市場成長的潛在趨勢
• 供應鏈區域化
• 可互通的充電網路
• 關鍵策略聯盟
• 連線功能
• UX IoT：量產電動車的高級功能
• 電池技術的進步
• 印度獎勵的演變
• 時間表：主要制度和獎勵
• 主要國家採購補貼/豁免制度
• 美國新關稅將如何影響印度電動車產業
• 預測考慮因素
• 印度電動車市場：2024年及2025年
• 各地區電動車普及率：截至2024年的比較摘要
• 印度：電動車銷售預測
• 各地區電動車銷售預測
• 2024年電動車銷量佔有率及OEM市場佔有率

北部地區電動車市場概況

• 關鍵成長指標
• 區域概況：北部地區

東北電動車市場概況

• 關鍵成長指標
• 區域概況：東北地區

東部地區電動車市場概況

• 關鍵成長指標
• 區域概況：東部地區

中部地區電動車市場概況

• 關鍵成長指標
• 區域概況：中部地區

西部地區電動車市場概況

• 關鍵成長指標
• 區域概況：西部地區

南方電動車市場概況

• 關鍵成長指標
• 區域概況：南部地區

競爭格局

• 商業OEM投資/計劃
• 印度主要電動車生產設施摘要
• 印度一次光伏產能：摘要
• 主要電動車發展叢集
• 電動車發展的重點區域：採用情況
• 主要參與企業電池生產前景
• 時間軸： OEM戰略重點

主要貢獻者：展覽

• Tata Motors
• JSW MG Motors India
• Mahindra & Mahindra

成長機會宇宙

• 成長機會1：政府採取措施提升電動車產業的自給自足能力
• 成長機會2：實現在地化
• 成長機會3：國內合作

主要調查結果

• 三大結論

附錄與後續步驟

• 成長機會的益處和影響
• 後續步驟
• 文件清單
• 免責聲明

Manufacturing Localization, Innovation, and Economies of Scale will Drive Transformational Growth in the Next 2-5 Years

The adoption of electric four-wheelers in India is growing gradually, making it a major market for global companies. The growth of the electric vehicle (EV) market in the country is predominantly driven by government initiatives and incentives, mainly focusing on manufacturing localization, supply chain security, and export competitiveness, as well as environmental awareness. To keep up with the growing demand, global and domestic companies are on the verge of launching new EV models in the Indian market, which will not only open significant opportunities for charging infrastructure providers and battery technology companies but also pave the way for innovative financing business models, enhancing local EV component manufacturing capability and encouraging private and public companies to electrify their fleets; for example, last-mile delivery service companies shifting to EVs will see a significant spike.

This study covers the following topics:

• Industry trends impacting the Indian EV market
• EV adoption by regions/states
• EV sales contributions by primary OEMs
• OEMs' production infrastructure, investments, and market development approach
• Future outlook for the Indian EV market

The Impact of the Top 3 Strategic Imperatives on the Indian EV Market

Competitive Intensity

Transformative Megatrends

Industry Convergence

Why

• Presently, domestic and offshore OEM brands dominate the Indian electric PV market by securing the top 2 positions in the sales chart.
• These OEMs primarily focus on compact SUVs and hatchbacks to attract urban consumers in India's metropolitan areas.

Frost Perspective

• India's EV industry is poised for heightened competition in the coming years as more OEMs enter the market.
• Notably, the entry of established companies such as Maruti, backed by a vast customer base and strong scalability, will not only boost EV sales but also enhance consumer confidence in EVs. Maruti is expected to launch at least 4 EVs in India over the next 5 years.

Why

• As major Indian cities such as Delhi, Bengaluru, and Mumbai struggle with severe air quality issues, the electrification of urban mobility has become a crucial initiative to successfully tackle pollution challenges.

Frost Perspective

• Alongside consumers adopting EVs due to advantages related to operating and maintenance costs, the transition of fleet owners to EVs will significantly contribute to addressing air quality issues in major cities.
• Nevertheless, chasing infrastructure expansion by public and private networks will play a crucial role in realizing change in urban mobility.

Why

• Indian companies are collaborating with global technology and battery firms; for example, market leader Tata is partnering with Renesas (a Japanese chip maker) to develop an EV ecosystem in India with a focus on semiconductor solutions and EV-specific technology.

Frost Perspective

• These global partnerships, along with local production investments, reduce dependency on imports and lower production costs.
• Apart from this, these alliances combine international technology and investment with local market understanding and policy incentives to create a high-impact model for scaling EV adoption.

Competitive Environment

• Number of Competitors the Study Considers
• 14 (Tata Motors, JSW MG Motors India, Mahindra & Mahindra, BYD India, PCA India (Citroen), BMW India, Mercedes-Benz, Hyundai Motor India, Volvo Auto India, Kia India, Audi, Porsche, Rolls-Royce, JLR India)

Competitive Factors

• EV unit sales

Top 5 Competitors

• Tata Motors, JSW MG Motors India, Mahindra & Mahindra, BYD India, PCA India (Citroen)

Market Share of the Top 3 OEMs

• 91.1% (Tata Motors, JSW MG Motors India, Mahindra & Mahindra)

Other Notable Competitors

• BMW India, Mercedes-Benz, Hyundai Motor India, Volvo Auto India, Kia India

Scope

Market Analysis

• Comprehensive evaluation of market trends.

Competitive Landscape

• Overview of key players in the Electric Vehicle Market, India.

Regulatory Framework

• Insights on policies affecting the electric vehicle sector.

Consumer Insights

• Understanding consumer behavior and adoption trends.

Technological Advancements

• Examination of innovations driving the market forward.

Table of Contents

Research Scope

• The Indian EV Market: Overview
• Regional Segmentation

Transformation in the Indian EV Market

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative 8
• The Impact of the Top 3 Strategic Imperatives on the Indian EV Market

Ecosystem

• Research Methodology
• Questions This Study Will Answer
• Competitive Environment
• Key Competitors
• Factors Influencing EV OEMs
• EV Distribution Channels

Growth Generator

• Primary Findings: Current and Future Outlook
• Key Growth Metrics
• Growth Drivers
• Growth Restraints
• Potential Trends Influencing Market Growth
• Supply Chain Localization
• Interoperable Charging Networks
• Key Strategic Collaborations
• Connected Features
• UX IoT: Premium Features in Mass EVs
• Battery Technology Advancements
• Incentive Evolution In India
• Timeline: Major Schemes and Incentives
• Purchase Subsidies/Exemptions by Leading States
• Impact of New US Tariffs on the Indian EV Industry
• Forecast Considerations
• Indian EV Market: 2024 and 2025e
• EV Adoption by Region: 2024 Comparison Summary
• India: EV Sales Forecast
• EV Sales Forecast by Region
• EV Unit Sales Share and Market Share by OEMs, 2024

Northern Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Northern Region

Northeastern Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Northeastern Region

Eastern Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Eastern Region

Central Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Central Region

Western Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Western Region

Southern Region EV Market: Overview

• Key Growth Metrics
• Regional Overview: Southern Region

Competitive Landscape

• Operating OEMs' Investments/Initiatives
• Key EV Production Facilities in India: Summary
• Primary Electric PV Production Capability in India: Summary
• Key EV Development Regional Clusters
• EV Developments Key Areas: Adoption Status
• Battery Cell Production Outlook by Key Participants
• Timeline: OEMs' Strategic Focus

Key Contributors: Exhibits

• Tata Motors
• JSW MG Motors India
• Mahindra & Mahindra

Growth Opportunity Universe

• Growth Opportunity 1: Government Initiatives Pushing the EV Industry Toward Self-sufficiency
• Growth Opportunity 2: Enabling Localization
• Growth Opportunity 3: Domestic Collaboration

Key Conclusions

• Top 3 Conclusions

Appendix & Next Steps

• Benefits and Impacts of Growth Opportunities
• Next Steps
• List of Exhibits
• Legal Disclaimer