The Indian EV market has been experiencing phenomenal growth, with over 1.15 million EVs sold in FY 22-23, reflecting a staggering 100% year-on-year increase. As the industry reaches this critical mass, it presents a golden opportunity for component manufacturers to cater to both the domestic EV and charging infrastructure sectors. Additionally, Indian manufacturers have a significant potential to export components in this rapidly growing segment.
Recognizing this exciting potential, the Automotive Component Manufacturers Association (ACMA) organized the 4th edition of the Global Summit & Exhibition on EVs, aptly titled "Transforming Mobility".
The event brought together key stakeholders from the entire EV ecosystem, including:
- Component manufacturers
- EV makers
- Charging infrastructure providers
- Policymakers
- Industry experts
Key highlights of the summit:
- Focus on India's potential as a global EV components hub: Discussions centered around India's strengths and strategies to become a leading manufacturer and exporter of EV components.
- Participation from global players: The summit witnessed the presence of prominent companies from Germany, Korea, Taiwan, the UK, and other countries, fostering international collaboration and knowledge exchange.
- Insights from industry leaders: Eminent personalities from the Indian and global EV industry shared their valuable perspectives on the future roadmap and landscape of electric mobility in India.
Overall, the EV Global Summit India provided a valuable platform for understanding the immense potential of the Indian EV market and the critical role component manufacturers will play in its growth.
Are you interested in learning more about the EV sector in India? Visit the ACMA EV event website for further details: https://acma-ev.in/.
Stay tuned for more exciting content from ORSKOREA as we continue to explore the ever-evolving world of electric mobility!
