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EVs are taking over.

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From two-wheelers to trucks, EVs are disrupting transportation at every level, and expeditiously. Navigate it confidently with our market intelligence.

EVs Are Bound to Accelerate

Economic Superiority

EVs offer 30-80% lower fuel costs and up to 60% less maintenance than petrol cars. In China, two-thirds of 2024 EVs were already cheaper than their ICE equivalents, subsidy-free.

Lighter on drivers’ pocket, a powerful economic incentive driving mass market adoption.

Unmatched Performance

Instant torque and quiet drives.

Global Regulatory Push

Over 20 nations target ICE bans by 2035. Governments are injecting billions into incentives and charging networks

Environmental Imperative

As a top emissions source, transportation faces immense pressure. EVs can offer about 45% reduced lifecycle carbon emission.

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Understand the Momentum. Anticipate the Shift.
Our market research says, the global EV market will surpass $615 billion by 2030 with an astonishing 7.5% CAGR.
Battery prices are expected to fall by ~30% by 2030, making EVs increasingly affordable
Global government spending on promoting EV cars was up from just USD 13 billion in 2020 to a whopping USD 41 billion in 2024.
USD 558 billion worth of electric cars were sold worldwide in 2024, compared to USD 125 billion in 2020.
The global EV charging infrastructure market is projected to exceed $100 billion by 2030 globally.
$100 billion by 2030 Top OEMs are going all-in, with 50+ EV models launching annually across major markets.
Beyond Vehicles: exploring every link in the chain Think EVs are just for automakers? Think again. This transformation touches material, energy, tech, logistics, and the future of cities.
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EV Growth Goes Beyond Just
Automakers

01
Charging Infrastructure

The gas station of tomorrow is being built today. In 2024 alone, north of 1.3 million public charging stations were added globally. Are you investing in the vital network powering the EV future, or letting others claim prime locations?

02
Battery Manufacturing & Technology

The heart of the EV is the battery. From raw materials to advanced cell production, this sector is a hotbed of massive investment.

03
Raw Materials & Mining

The demand for lithium, cobalt, nickel, and graphite is skyrocketing.

04
Power Grid & Renewable Energy

EVs are transforming energy consumption. Be a part of the smart grid evolution, where vehicles become mobile energy storage units, integrating seamlessly with solar and wind power.

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05
Software & AI Development

From smart charging algorithms to autonomous driving, the digital brain of the EV is an opportunity for groundbreaking software and AI solutions.

06
Automotive Parts & Components

Traditional automotive suppliers are retooling for electric powertrains and electronics. Are you adapting your offerings for this new era?

07
Fleet Management & Logistics

Businesses are electrifying their fleets for cost savings and sustainability. Unlock the potential of optimized EV logistics and fleet services.

08
Recycling & Second-Life Batteries

The circular economy is here, turning end-of-life EV batteries into profitable energy storage solutions and reclaiming valuable materials for new production.

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Frequently Asked Questions

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What is an electric vehicle (EV)?
An electric vehicle (EV) runs on an electric motor powered by rechargeable batteries instead of a traditional internal combustion engine. EVs produce zero tailpipe emissions and offer quieter, more efficient driving.
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How does an electric vehicle work?
EVs store electricity in a battery pack, which powers an electric motor that drives the wheels. When you brake, regenerative braking recovers energy and stores it back in the battery, improving efficiency.
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What are the main types of electric vehicles?
There are three main types:
Battery Electric Vehicles (BEVs) – Fully electric, no fuel engine.
Plug-in Hybrid Electric Vehicles (PHEVs) – Run on both electricity and fuel.
Hybrid Electric Vehicles (HEVs) – Use fuel engines with regenerative electric assist.
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How long does it take to charge an EV?
Charging time depends on the charger type and battery capacity.
Fast chargers (DC): 30–60 minutes for 80% charge
Home chargers (AC): 6–10 hours
Portable chargers: Up to 20 hours
New ultra-fast chargers are making charging even quicker.
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What is the average range of an electric vehicle?
Most modern EVs offer a range of 300–500 km per charge, while premium models can exceed 600 km. Battery technology continues to improve, extending range and reducing charging time.
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Are electric vehicles cheaper to run than petrol or diesel cars?
Yes. While upfront costs can be higher, EVs have lower running costs due to cheaper electricity, minimal maintenance (no oil changes or engine parts), and government incentives or tax breaks.
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How long do EV batteries last?
EV batteries typically last 8–15 years depending on usage, climate, and charging habits. Most manufacturers offer 8-year or 160,000 km warranties for battery packs.
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Are electric vehicles really better for the environment?
Yes. EVs produce zero tailpipe emissions, reducing air pollution. Even when powered by grid electricity, they have a smaller carbon footprint than fossil-fuel vehicles, especially as renewable energy adoption rises.
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What are the challenges facing electric vehicles today?
Key challenges include:
• Limited charging infrastructure in some regions
• Battery recycling and raw material sourcing
• Higher initial costs compared to conventional vehicles

However, global investment in EV technology is rapidly overcoming these barriers.