Opportunities - India Electric Car Market

Opportunities -  India Electric Car Market

vaibhav patil
vaibhav0222@gmail.com

Public transport systems of India are among the most heavily used across the world. 
Therefore, shared electric mobility has an opportunity to gain popularity in the Indian electric car market by meeting the increasing need for transport systems. 
Mobility systems are experiencing transformation due to increasing connectivity, new business models, and steeply falling technology costs.
Many business models are offering shared electric mobility solutions, with the notable ones being Ola Cabs and Uber.

For instance, in 2017, Ola along with Mahindra & Mahindra launched a programme to build an electric mass mobility ecosystem in Nagpur, Maharashtra. 
Over 100 of Mahindra’s e20 plus vehicles have already been availed by the company. 
It is also planning to source vehicles for its fleet from other original equipment manufacturers (OEMs) including BYD Automobile Company Ltd. and TATA Motors Ltd. 
Also, Uber India entered into a partnership with Mahindra & Mahindra Ltd. to deploy electric vehicles, beginning with a few hundred vehicles, in Hyderabad and Delhi. 

Conclusion
growing usage of electric cars in shared mobility services offers a lucrative opportunity in the Indian electric car market.