Way too expensive for me to consider buying it, but an interesting summary. From Navigant Research. Electric Vehicles in India Sales of plug-in electric vehicles (PEVs) in India have been minimal due to a myriad of factors: little domestic production, the high cost of vehicles, a lack of government commitment, an often unstable power grid, and almost no formal charging infrastructure.* Making the environment more conducive to electric vehicle (EV) sales will take years of investment from the public and private sector, limiting the growth of the market in the short term.* The government’s on-and-off support for EVs has caused many companies that began to produce EVs to halt production, and in some cases cease operations. Nevertheless, trends in the country’s demographics, traffic patterns, and natural resources suggest enormous potential.* Estimates by the Indian government and industry foresee India becoming the third-largest market for cars in the world by 2020.* The country’s dense urban centers and short yet congested commutes make it a natural fit with the relatively low power density of electric drivetrains.* Additionally, the reinstatement of the government incentive for EV purchases in 2013 will spur Indian automakers to develop new models.* Navigant Research forecasts that sales of PEVs in India will reach 17,000 by 2018.* Combined with sales of hybrid electric vehicles (HEVs), that number will reach more than 22,000 in the same year.* Two-wheeled electric vehicles will grow to more than 1.1 million units annually by 2018, with electric scooters the preferred vehicle type. Table of Contents 1.* Executive Summary 2.* Market Update 3.* Key Industry Players 4.* Market Forecasts 5.* Conclusions and Recommendations Key Market Forecasts Electrified Vehicle Annual Sales by Vehicle Type, India: 2013-2018 Two-Wheeled Electrified Vehicle Annual Sales by Vehicle Type, India: 2013-2018
