After a looong absence, we have again enough data to make a small draft on India, that currently has 2.545 passenger car registrations in 2020, or 0.17% share, which compared to other markets may seem puny, but it is nevertheless a 5-fold jump YoY.
Here are the Best Selling EVs in India:
#1 - Tata Nexon EV (1.357 units);
#2 - SAIC MG ZS EV (785);
#3 - Hyundai Kona EV (185).
As one can see, the recent Tata Nexon EV, a new small crossover from the local OEM Tata, is the leader, thanks to decent specs (30 kWh battery, 127 hp) for a competitive price.
Next is SAIC's MG ZS EV, that has been gaining traction in India, replicating the success that it has found in other markets.
Need India to go 10x next year.
ReplyDeleteGrowing sales is always a good message for business and markets. India needs more environment friendly and efficient cars to reduce its extreme its air pollution.
ReplyDeleteI thought Indian Government / states ordered BEV in batches of a few thousand to support the industry. Where are those vehicles?
ReplyDeleteThere are more models, that some might say are compliance, like the Tata Tigor EV, that are made in small batches, most likely for the local government.
DeleteThe Tata Nexon EV is the only locally-made EV that goes beyond government orders.
India has 1,5 million e-rickshaws (electric 3 wheelers) with a range of 50 - 100 km and used as public transport.
ReplyDeleteThey drive at 6 days / weeks (offices and schools have 1/2 day on saturday).
So even if a e-rickshaw goes 60 km/day and 300 day/year, thats 18,000 km / year on electricity and certainly this is more distance than many private PEVs.
These vehicles use lead acid batteries and they grew without any government support.
Unfortunately the established companies like Suzuki, Hyundai, Tata did not take any initiatives.
With a big push from government, now they are rushing in and many fuel stations were mandated to install electric charging units. Hope they will grow many-fold in the coming years.
They will grow to 100% in just a few years... Since sales of new combustion two- and three-wheelers are scheduled to be abolished pretty soon.
DeleteNote that it's not just distances that matter: since two- and three-wheelers use particularly dirty engines, they actually create more air pollution than much larger passenger cars. (Though less carbon...)
This should be a *huge* boon to air quality in Indian cities.
0.17% is not too terrible for a start... Many European countries were this low just a few years ago.
ReplyDeleteNo wonder the Nexon EV is a hit: beside acceptable specs, it also looks really nice... Wouldn't mind if they tried exporting it :-)
ReplyDeleteElectric buses and trucks are becoming common in India. Slowly those who take rides in the public buses will know how good the BEVs are.
ReplyDeleteOn another front, the electric 2-wheelers and 3-wheelers are becoming popular. All they have to do is buy/learn the LFP batteries which are much cheaper than NCM/NCA and install it.
Ultimately, 2-wheelers, 3-wheelers and 6-wheelers may go electric leaving the 4-wheelers still running on dirty petrol/diesel.
After all ,the rich never cared, but those days are numbered as whole lot of aging population will feel the pain of pollution. In Japan where 41% of the population are over 55 years old should embrace BEVs, but they dont, and we all know why.
As far as I'm aware two-wheelers rarely use LFP, since the weight penalty is more of an issue. (And the price difference isn't *that* large anyway...) Really cheap tiny EVs on the other hand (be they two-, three-, or four-wheeled) are still mostly stuck with lead-acid batteries...
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ReplyDeleteThe global market for electric vehicles is expected to increase from 4,093 million units in 2021 to 34.756 million vehicles by 2030, which is 26.8 percent.
India has already demonstrated its interest in being an integral part of this shift in the way cars are built.
To add, India has already considered becoming the largest hub for automobiles powered by electricity soon. Many industry experts believe electric vehicles as a viable alternative.