The electric vehicle sector in India is growing expeditiously, bolstered by the government’s commitment to reduce carbon emissions, decrease dependency on fossil fuels, and promote more sustainable mobility solutions. Advancements in battery technology, increased investments, and the entry of global and domestic players are placing India as a strong contender in the global EV arena.In furtherance to this, the EV Update National Summit 2024, held on August 23, 2024, in New Delhi, served as a congregation of industry experts, lawmakers, and EV innovators to discuss the future of the EV sector in India. The event addressed the most recent advancements in EV manufacturing, batteries, fleet management, and charging infrastructure development, setting the tone for a sustainable and competitive EV ecosystem.
Panel discussions took place on EV manufacturing, required government initiatives in EV, EV competitiveness, the impact of 3D simulation technology, investments and capital access, evolving business models, and the roadmap to position India as a global EV manufacturing hub.
Amit Jain from LexOrbis attended this event, acquiring valuable insights into the evolving EV sector and forging the firm’s support for green innovation and consistent growth in the EV industry.