Electrifying the Indian Road Space
Electric vehicles (EVs) are gradually increasing their presence on Indian roads and the EV market in India is targeted to reach around $206 billion (โน14.24 trillion) in the next 10 years. NITI Aayog, the think tank of the Government of India, expects 70 percent of all commercial cars, 30 percent of private cars, 40 percent of buses and 80 percent of two-wheeler and three-wheeler sales to be of EVs by the year 2030. Overall, the government expects that the cumulative sales of EVs from all segments to reach over 100 million units by FY 2030.
In this backdrop, to further propel the adoption and expansion of EVs and also address the challenges confronting EV adoption, Messe Frankfurt India is launching the E-Mobility India Forum powered by NGV India Summit on October 7, 2021, at Hotel LeMeridien, New Delhi. EV industry stakeholders as well as policymakers from the government will be congregating at the forum to discuss on the opportunities and challenges that India is facing in its ambitious goal of creating an EV ecosystem.
Representatives from Hero Electric Vehicles, Audi India, Association of State Road Transport Undertakings, NITI Aayog, Tata Power, and Frost & Sullivan will be the panelists at the E-Mobility India Forum 2021.
Speaking about the forthcoming event, Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings said, โWith E-Mobility India Forum, Messe Frankfurt India aims to create a platform where automotive players can gain strong insight into the opportunities and challenges that lie ahead in Indiaโs path to embrace e-mobility.โ
Participants at the forum will discuss a wide range of topics including Teslaโs entry in Indian market, EV incentives, policy challenges and support extended by the government to accelerate electrification, etc.
