Energy Storage for Electric Vehicles in India

The global EV market is rapidly gaining momentum towards the target set by the Electric Vehicle Initiative (EVI) of global deployment of 20 million electric vehicles by 2020. Since 2014, the sale of EV’s has more than the doubled. In the year 2015, we had seen the electric cars cross the global threshold of 1 million electric cars on the roads. The market share of electric cars rose above 1% in seven countries in 2015: Norway, Netherlands, Sweden, Denmark, France, China, and the United Kingdom. The United States was overtaken by China as the largest market for electric cars in 2015 with over 200,000 new registrations.

Published: 20th Sep 2019

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