India is the world's 2nd largest manufacturer of two-wheelers, 4th largest manufacturer of cars and 7th largest manufacturer of commercial vehicles. The Automobile Industry has been one of the growth engines of Indian Economy.
As the world is moving towards sustainable energy solutions with a view to Decarbonise the Environment, the Automobile Industry is on overdrive to explore new avenues opened up by the introduction of Electric and Hybrid Vehicles. Many Indian automobile majors and Startups have already introduced Electric Cars, Buses, Three & Two wheelers.
A significant behavioural change in the Indian consumer is expected with the launch of Electric and Hybrid Vehicles and it will lead to new business models in the mobility value chain.
- Ever increasing cost of fossil fuel
- Shift of interest towards e-mobility
- Technology & Digital transformation
- Upcoming smart city initiatives and focus on multimodal mobility
For this transition to happen smoothly in India, the need is to create a strong ecosystem with the localization of the component manufacturing and technology development.
In this dynamic scenario, EVFM 2020, Electric Vehicles and Future Mobility Show will be organised by India's leading industry association, Ambattur Industrial Estate Manufacturers Association (AIEMA) with the main objective of providing a platform for showcasing the latest in EVs, Hybrid Vehicles and Future Mobility options and for disseminating the information on nuances of EV auto industry, new business opportunities created and its ultimate benefits to the Society.