EV OPPORTUNITY IN INDIA Automotive Business Development Experts for the Indian Market ABOUT US Indian Market Understanding + Technical Knowhow = Started in 2009, Quanzen is your consultant or outsourced sales and technical office for your Automotive Business Development in India. Based in Pune, the Automotive hub of India. Part of Global Alliance Automotive –a worldwide network of Local Market Support companies across 15 countries EV OPPORTUNITY IN INDIA AGGRESSIVE TARGETS WILL LEAD TO MASSIVE GROWTH India will produce Government Goal for only Electric vehicles over 20 million EVs sold annually by 2026 if • By 2023, all 3 wheelers the Government’s • By 2025, all 2 wheelers below 150cc vision becomes a • By 2026, all Taxis • By 2030, all inter-city buses reality GROWTH DRIVERS – EV MAKERS EV Makers across all segments are ready and launching vehicles Car Makers: Bus Makers: Two Wheeler Makers: • Maruti Suzuki • Ashok Leyland • Bajaj • Mahindra • Eicher • Hero Motocorp • Tata Motors • JBM Auto • TVS • Hyundai Kia • BYD • Ather Energy • MG Motors • Ultraviolette • Renault Nissan • Tork Motors GROWTH DEMAND - BATTERY PACK MAKERS According to the EV Battery Pack Manufacturers : Rocky Mountain • Octillion Power Systems • Exicom Tele Systems Institute, India • Bosch would have 40% • GreenFuel Energy • Future HiTech of the global • Fusion Power Systems battery demand • Exide-Leclanche by 2027-28. GROWTH DRIVERS - CHARGING INFRA DEVELOPMENT Indian Government targets for Charging Infrastructure : • 2700 charging stations in major metros in 3 years • At least one charging station in a grid of 3 Km X 3 Km in the cities • One charging station at every 25 Km on both sides of highways • Fast charging for heavy vehicles at every 100 Km on both sides of highways Charging Infra operators : • Tata Power, ABB, Fortum, ACME, EV Motors India, Vakrangee, Panasonic • NTPC, Indian Oil, GAIL, Power Grid GROWTH DRIVERS – GOVERNMENT SUPPORT Federal Government FAME 2 Scheme : €1.3 billion over 3 years to incentivize: - 7,000+ Electric Buses - 55,000 Electric and Hybrid 4 Wheelers - 500,000 Electric 3 Wheelers - 1,000,000 Electric 2 Wheelers Various State Governments have own incentive schemes Quanzen Services LLP [email protected] https://www.quanzen.com/.