Indian Electric Vehicle Component Market Research Report: Two-Wheeler (Scooters, Motorcycle), Three-Wheeler (E-Rickshaw, E-Auto, Retrofitted Rickshaw), Passenger Car, Commercial Vehicle - Industry Analysis and Growth Forecast to 2030

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Two-Wheeler Market Segmentation

1.3.2 Three-Wheeler Market Segmentation

1.3.3 Passenger Car Market Segmentation

1.3.4 Commercial Vehicle Market Segmentation

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit

1.3.6.1 Volume

1.3.6.2 Value

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By industry participant

2.2.1.2 By company type

2.3 Market Size Estimation

2.3.1 Baseline Factors

2.3.1.1 Vehicle production and demand

2.3.1.2 Aftermarket size

2.3.2 Indian Electric Vehicle Component Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Categories

4.1.1 Battery Pack

4.1.2 Battery Cell/ Battery

4.1.3 BMS

4.1.4 Battery Thermal Management System

4.1.5 Others (Battery Pack)

4.1.6 Lithium-Ion

4.1.7 Lead–Acid

4.1.8 Motor

4.1.9 Brushed Motor

4.1.10 BLDC Motor

4.1.11 Others (Motor)

4.1.12 Controller

4.1.13 EVSE/Charging Kit

4.1.14 DC–DC Converter

4.1.15 High-Voltage Cable

4.1.16 PDM

4.1.17 Thermal Management System

4.1.18 VCIM

4.1.19 OEM

4.1.20 Aftermarket

4.1.21 Two-Wheeler

4.1.22 Three-Wheeler

4.1.23 Passenger Car

4.1.24 Commercial Vehicle

4.1.25 E-Rickshaw

4.1.26 E-Auto

4.1.27 Retrofitted Rickshaw

4.1.28 Scooter

4.1.29 Motorcycle

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Increasing investment by manufacturers

4.3.1.2 Growing demand for electric vehicles with higher battery capacity

4.3.2 Drivers

4.3.2.1 Increasing adoption of electric vehicles

4.3.2.1.1 Growing environmental concerns

4.3.2.1.2 Government support for electric vehicle adoption

4.3.2.2 Declining cost of components

4.3.2.3 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 High initial cost of electric vehicles

4.3.3.2 Underdeveloped value chain

4.3.3.3 Impact analysis of restraints on market forecast

4.3.4 Opportunities

4.3.4.1 Replacement market offering secular growth opportunity

4.4 Localization of Electric Vehicle Component

4.5 Import Scenario of Electric Vehicle Component in India

4.5.1 Tax Structure for Import of Electric Vehicle Component in India

4.6 Porter’s Five Forces Analysis

4.6.1 Bargaining Power of Buyers

4.6.2 Bargaining Power of Suppliers

4.6.3 Intensity of Rivalry

4.6.4 Threat of New Entrants

4.6.5 Threat of Substitutes

Chapter 5. COVID-19 Impact on India Electric Vehicle Component Market

Chapter 6. India Electric Vehicle Scenario

6.1 Overview

6.2 Electric Vehicle Sales Growth

6.3 Electric Vehicle Manufacturers

6.4 Future of Electric Vehicles in India

6.5 India Electric Vehicle Charging Station Scenario

6.5.1 Overview

6.5.2 Infrastructure Requirements

6.5.3 Database

6.5.4 Tariff for Supplying Electricity

6.5.5 Service Charges at Public Charging Stations

6.5.6 Phases for Public Charging Infrastructure Rollout

6.5.6.1 Phase I (1–3 years)

6.5.6.2 Phase II (3–5 years)

6.5.7 Charging Station Deployment Plans

Chapter 7. India Electric Vehicle Component Market Size and Forecast

7.1 By Vehicle Type

7.2 By State

Chapter 8. Electric Two-Wheeler Component Market Size and Forecast

8.1 By Component

8.1.1 Electric Two-Wheeler Battery Market, by Type

8.1.2 Electric Two-Wheeler Motor Market, by Type

8.2 By Vehicle Type

8.3 By End Use

8.4 By State

Chapter 9. Electric Three-Wheeler Component Market Size and Forecast

9.1 By Component

9.1.1 Electric Three-Wheeler Battery Market, by Type

9.1.2 Electric Three-Wheeler Motor Market, by Type

9.2 By Vehicle Type

9.3 By End Use

9.4 By State

Chapter 10. Electric Passenger Car Component Market Size and Forecast

10.1 By Component

10.1.1 Electric Passenger Car Battery Pack Market, by Type

10.2 By State

Chapter 11. Electric Commercial Vehicle Component Market Size and Forecast

11.1 By Component

11.1.1 Electric Commercial Vehicle Battery Pack Market, By Type

11.2 By State

Chapter 12. OEM Analysis

12.1 Two-Wheeler

12.2 Three-Wheeler

12.3 Passenger Car

12.4 Commercial Vehicle

Chapter 13. Competitive Landscape

13.1 List of Players and Their Offerings

13.2 Competitive Benchmarking of Key Players

13.3 Strategic Developments of Key Players

13.3.1 Product Launches

13.3.2 Partnerships

13.3.3 Other Developments

Chapter 14. Company Profiles

14.1 Exide Industries Ltd.

14.1.1 Business Overview

14.1.2 Product and Service Offerings

14.1.3 Key Financial Summary

14.2 Amara Raja Batteries Ltd.

14.2.1 Business Overview

14.2.2 Product and Service Offerings

14.2.3 Key Financial Summary

14.3 Eastman Auto & Power Ltd.

14.3.1 Business Overview

14.3.2 Product and Service Offerings

14.4 Okaya Power Pvt. Ltd.

14.4.1 Business Overview

14.4.2 Product and Service Offerings

14.5 Sparco Batteries Pvt. Ltd.

14.5.1 Business Overview

14.5.2 Product and Service Offerings

14.6 Panasonic Corp.

14.6.1 Business Overview

14.6.2 Product and Service Offerings

14.6.3 Key Financial Summary

14.7 Robert Bosch GmbH

14.7.1 Business Overview

14.7.2 Product and Service Offerings

14.7.3 Key Financial Summary

14.8 Contemporary Amperex Technology Co. Ltd. (CATL)

14.8.1 Business Overview

14.8.2 Product and Service Offerings

14.8.3 Key Financial Summary

14.9 CY International

14.9.1 Business Overview

14.9.2 Product and Service Offerings

14.10 DENSO CORP.

14.10.1 Business Overview

14.10.2 Product and Service Offerings

14.10.3 Key Financial Summary

Chapter 15. Appendix

15.1 Abbreviations

15.2 Sources and References

15.3 Related Reports

 

List of Tables

 

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 PERCENTAGE REQUIREMENT FOR LOCALIZATION TO AVAIL INCENTIVES

TABLE 5 ELECTRIC VEHICLE COMPONENTS ELIGIBLE FOR INCENTIVES UNDER FAME II

TABLE 6 PROPOSED INCREASE OF CUSTOM DUTY

TABLE 7 ELECTRIC VEHICLE SALES IN INDIA, IN UNITS (2016–2020)

TABLE 8 MAJOR ELECTRIC VEHICLE MANUFACTURERS IN INDIA

TABLE 9 STATE-LEVEL POLICIES TO PROMOTE ELECTRIC VEHICLE ADOPTION

TABLE 10 INDIA ELECTRIC VEHICLE CHARGING STATION MARKET, BY TYPE, UNITS (2018–2025)

TABLE 11 CHARGING STATION DEPLOYMENT PLAN

TABLE 12 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2024)

TABLE 13 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2025–2030)

TABLE 14 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY VEHICLE TYPE, $M (2019–2024)

TABLE 15 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY VEHICLE TYPE, $M (2025–2030)

TABLE 16 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2024)

TABLE 17 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2025–2030)

TABLE 18 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY STATE, $M (2019–2024)

TABLE 19 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY STATE, $M (2025–2030)

TABLE 20 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2024)

TABLE 21 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2025–2030)

TABLE 22 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY COMPONENT, $M (2019–2024)

TABLE 23 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY COMPONENT, $M (2025–2030)

TABLE 24 ELECTRIC TWO-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 25 ELECTRIC TWO-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 26 ELECTRIC TWO-WHEELER BATTERY MARKET, BY TYPE, $M (2019–2024)

TABLE 27 ELECTRIC TWO-WHEELER BATTERY MARKET, BY TYPE, $M (2025–2030)

TABLE 28 ELECTRIC TWO-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 29 ELECTRIC TWO-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 30 ELECTRIC TWO-WHEELER MOTOR MARKET, BY TYPE, $M (2019–2024)

TABLE 31 ELECTRIC TWO-WHEELER MOTOR MARKET, BY TYPE, $M (2025–2030)

TABLE 32 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2024)

TABLE 33 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2025–2030)

TABLE 34 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, $M (2019–2024)

TABLE 35 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, $M (2025–2030)

TABLE 36 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2019–2024)

TABLE 37 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2025–2030)

TABLE 38 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY END USE, $M (2019–2024)

TABLE 39 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY END USE, $M (2025–2030)

TABLE 40 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2024)

TABLE 41 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2025–2030)

TABLE 42 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY STATE, $M (2019–2024)

TABLE 43 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY STATE, $M (2025–2030)

TABLE 44 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2024)

TABLE 45 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2025–2030)

TABLE 46 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY COMPONENT, $M (2019–2024)

TABLE 47 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY COMPONENT, $M (2025–2030)

TABLE 48 ELECTRIC THREE-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 49 ELECTRIC THREE-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 50 ELECTRIC THREE-WHEELER BATTERY MARKET, BY TYPE, $M (2019–2024)

TABLE 51 ELECTRIC THREE-WHEELER BATTERY MARKET, BY TYPE, $M (2025–2030)

TABLE 52 ELECTRIC THREE-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 53 ELECTRIC THREE-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 54 ELECTRIC THREE-WHEELER MOTOR MARKET, BY TYPE, $M (2019–2024)

TABLE 55 ELECTRIC THREE-WHEELER MOTOR MARKET, BY TYPE, $M (2025–2030)

TABLE 56 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2024)

TABLE 57 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2025–2030)

TABLE 58 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, $M (2019–2024)

TABLE 59 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, $M (2025–2030)

TABLE 60 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2019–2024)

TABLE 61 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2025–2030)

TABLE 62 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY END USE, $M (2019–2024)

TABLE 63 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY END USE, $M (2025–2030)

TABLE 64 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2024)

TABLE 65 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2025–2030)

TABLE 66 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY STATE, $M (2019–2024)

TABLE 67 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY STATE, $M (2025–2030)

TABLE 68 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2024)

TABLE 69 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2025–2030)

TABLE 70 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY COMPONENT, $M (2019–2024)

TABLE 71 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY COMPONENT, $M (2025–2030)

TABLE 72 ELECTRIC PASSENGER CAR BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 73 ELECTRIC PASSENGER CAR BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 74 ELECTRIC PASSENGER CAR BATTERY PACK MARKET, BY TYPE, $M (2019–2024)

TABLE 75 ELECTRIC PASSENGER CAR BATTERY PACK MARKET, BY TYPE, $M (2025–2030)

TABLE 76 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2024)

TABLE 77 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY STATE, 000’ UNITS (2025–2030)

TABLE 78 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY STATE, $M (2019–2024)

TABLE 79 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY STATE, $M (2025–2030)

TABLE 80 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2024)

TABLE 81 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2025–2030)

TABLE 82 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY COMPONENT, $M (2019–2024)

TABLE 83 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY COMPONENT, $M (2025–2030)

TABLE 84 ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2019–2024)

TABLE 85 ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2025–2030)

TABLE 86 ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY TYPE, $M (2019–2024)

TABLE 87 ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY TYPE, $M (2025–2030)

TABLE 88 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2024)

TABLE 89 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2025–2030)

TABLE 90 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY STATE, $M (2019–2024)

TABLE 91 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY STATE, $M (2025–2030)

TABLE 92 LIST OF PLAYERS CAND THEIR OFFERINGS

TABLE 93 COMPETITIVE BENCHMARKING OF KEY PLAYERS (2023)

TABLE 94 EXIDE INDUSTRIES LTD. – AT A GLANCE

TABLE 95 EXIDE INDUSTIRES LTD. – KEY FINANCIAL SUMMARY

TABLE 96 AMARA RAJA BATTERIES LTD. – AT A GLANCE

TABLE 97 AMARA RAJA BATTERIES LTD. – KEY FINANCIAL SUMMARY

TABLE 98 EASTMAN AUTO & POWER LTD. – AT A GLANCE

TABLE 99 OKAYA POWER PVT. LTD. – AT A GLANCE

TABLE 100 SPARCO BATTERIES PVT. LTD. – AT A GLANCE

TABLE 101 PANASONIC CORP. – AT A GLANCE

TABLE 102 PANASONIC CORP. – KEY FINANCIAL SUMMARY

TABLE 103 ROBERT BOSCH GMBH – AT A GLANCE

TABLE 104 ROBERT BOSCH GMBH – KEY FINANCIAL SUMMARY

TABLE 105 CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. – AT A GLANCE

TABLE 106 CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. – KEY FINANCIAL SUMMARY

TABLE 107 CY INTERNATIONAL – AT A GLANCE

TABLE 108 DENSO CORP. – AT A GLANCE

TABLE 109 DENSO CORP. – KEY FINANCIAL SUMMARY

 

List of Figures

 

FIG 1 RESEARCH SCOPE

FIG 2 RESEARCH METHODOLOGY

FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT

FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE

FIG 5 RESEARCH METHODOLOGY

FIG 6 DATA TRIANGULATION APPROACH

FIG 7 INDIA ELECTRIC VEHICLE COMPONENT MARKET SUMMARY

FIG 8 VALUE CHAIN ANALYSIS OF INDIA ELECTRIC VEHICLE COMPONENT MARKET

FIG 9 BARGAINING POWER OF BUYERS

FIG 10 BARGAINING POWER OF SUPPLIERS

FIG 11 INTENSITY OF RIVALRY

FIG 12 THREAT OF NEW ENTRANTS

FIG 13 THREAT OF SUBSTITUTES

FIG 14 INDIA ELECTRIC VEHICLE COMPONENT MARKET SUMMARY

FIG 15 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2030)

FIG 16 INDIA ELECTRIC VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2030)

FIG 17 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2030)

FIG 18 ELECTRIC TWO-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 19 ELECTRIC TWO-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 20 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2030)

FIG 21 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2019–2030)

FIG 22 INDIA ELECTRIC TWO-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2030)

FIG 23 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2030)

FIG 24 ELECTRIC THREE-WHEELER BATTERY MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 25 ELECTRIC THREE-WHEELER MOTOR MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 26 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY VEHICLE TYPE, 000’ UNITS (2019–2030)

FIG 27 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY END USE, 000’ UNITS (2019–2030)

FIG 28 INDIA ELECTRIC THREE-WHEELER COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2030)

FIG 29 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2030)

FIG 30 ELECTRIC PASSENGER CAR BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 31 INDIA ELECTRIC PASSENGER CAR COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2030)

FIG 32 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY COMPONENT, 000’ UNITS (2019–2030)

FIG 33 ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY TYPE, 000’ UNITS (2019–2030)

FIG 34 INDIA ELECTRIC COMMERCIAL VEHICLE COMPONENT MARKET, BY STATE, 000’ UNITS (2019–2030)

FIG 35 HERO ELECTRIC VEHICLES PVT. LTD.

FIG 36 OKINAWA AUTOTECH PVT. LTD.

FIG 37 AMPERE VEHICLES PVT. LTD.

FIG 38 ELECTROTHERM INDIA LTD.

FIG 39 SAERA ELECTRIC AUTO PVT LTD.

FIG 40 SPEEDWAYS ELECTRIC

FIG 41 YC ELECTRIC VEHICLE

FIG 42 AVON CYCLES LTD.

FIG 43 LOHIA AUTO INDUSTRIES

FIG 44 MAHINDRA & MAHINDRA LTD.

FIG 45 HYUNDAI MOTOR CO.

FIG 46 TATA MOTORS LTD.

FIG 47 TATA MOTORS LTD.

FIG 48 OLECTRA GREENTECH LTD.

FIG 49 ASHOK LEYLAND LTD.

FIG 50 EXIDE INDUSTIRES LTD. – REVENUE SPLIT BY GEOGRAPHY (2023)

FIG 51 AMARA RAJA BATTERIES LTD. – REVENUE SPLIT BY GEOGRAPHY (2023)

FIG 52 PANASONIC CORP. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 53 ROBERT BOSCH GMBH – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 54 DENSO CORP. – REVENUE SPLIT BY GEOGRAPHY (2023)