BWI: Framework and Ecosystem Fostering EV/Hybrid Vehicle Market in India – by Frost & Sullivan

Source : Frost & Sullivan Wednesday, August 27, 2014 2:21PM IST (8:51AM GMT)   Framework and Ecosystem Fostering EV/Hybrid Vehicle Market in India – by Frost & Sullivan A Complimentary Analyst Briefing on the topic to be held on Thursday, September 4th, 2014, at 3:00 pm IST/1:30 pm UAE/4:30 pm SGT   Mumbai, Maharashtra, India The electric and hybrid vehicle industry is in a very nascent stage in India, except for the two wheeler market which is steadily creating opportunities for OEMs. Lack of consistent support from the Government has restricted market growth in the past. Earlier in 2011-12, the policy of incentives did not attract potential buyers. However, moving forward, the Indian Government has laid out plans for re-introducing incentives for EV buyers to boost the industry. The current infrastructure for electric/hybrid vehicles is nonexistent with only a handful of OEMs installing charging ports for EV users.   With more and more automotive manufacturers foraying into the EV industry, a continuous upsurge may be adequate to subsidize charging infrastructure and support market creation for the Electric and Hybrid vehicles in India.  This briefing will highlight the growth drivers and challenges such as support from the Government, factors like range anxiety, and infrastructure requirements. It will also provide an outlook for the Indian electric/hybrid vehicle market by 2021.   The complimentary Frost & Sullivan Analyst Briefing (AB) titled, ‘Framework and Ecosystem Fostering EV/Hybrid Vehicle Market in India – by Frost & Sullivan’ will delve into various aspects of the market and its unique requirements in India. The webinar will be hosted by Prasad Mane, Principal Consultant, Automotive & Transportation Practice, Frost & Sullivan, and is to be held on Thursday, September 4th, 2014, at 3:00 pm IST.   “Electric and hybrid vehicles in India are still in the nascent stage, however with strong support from the Government on R&D investments, establishing a charging infrastructure and subsidies on electric and hybrid vehicles through the National Electric Mobility Mission Plan 2020, the EV and hybrid vehicle industry is displaying a positive outlook for the next 6-8 years. At the same time, Indian EV and hybrid manufacturers needs to invest in EV and hybrid technology development, mass mobility awareness, and work with the Government for taking the EV and hybrid vehicle ecosystem to the next level for cleaner automotive technology,” says Prasad Mane.   Framework and Ecosystem Fostering EV/Hybrid Vehicle Market in India  September 4th 3:00 PM IST/1:30 PM UAE Register Why should you attend?   Be informed about current size and segmentation of EV/hybrid vehicle market in India Be informed about the forecasted market size for the next 8 years Identify the specific factors driving the growth of this market Understand which are the key customer segments of these products, and their practices, preference Know about key challenges to be addressed by EV/Hybrid vehicle manufacturers in order to tap the potential opportunity This briefing will benefit all stakeholders of the electric vehicle ecosystem, who are either already offering direct or indirect services in the country or those planning to enter this segment, by familiarizing them with emerging trends and providing forward projections for future opportunity offered by this market.   About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.   Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.   The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation, and implementation. The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?   Contact Us: Start the discussion   Join Us: Join our community   Subscribe: Newsletter on "the next big thing"   Register: Gain access to visionary innovation   Media Contact Details Priya George, Corporate Communications - South Asia Frost & Sullivan, ,+91-9840355432 ,+91 (44) 66814456 , priyag@frost.com Ravinder Kaur, Corporate Communications - South Asia Frost & Sullivan, ,+91-9940141714 ,+91 (44) 66814080 , ravinder.kaur@frost.com   KEYWORDS: Business/ Finance:Automotives, Business Services, Major diversified industrial groups, Manufacturing Companies, Technology, Transport;General:Consumer interest, Environment, Govt. & Public Policy   If you wish to change your Business Wire India selection please visit on Business Wire India and use your personal username and password to login.   Submit your press release at http://www.businesswireindia.com

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