Standards and Policies for 2W, 3W, 4W,

Standards and Policies for 2W, 3W, 4W,

India is resolved to its objective of turning into a 100 percent EV market, the timetable might move ahead by a couple of years however the responsibility is exhibited in the huge number of the declaration made in Association spending plan under Modi 2.0. The government has already moved the GST council to lower the GST rate on EVs from 12% to 5% with the intention of making the country a global center for the production of electric vehicles.

The government has also extended an additional income tax deduction of 1.5 lakh rupees on the interest paid on loans used to purchase EVs in an effort to make them more affordable for consumers. The customs duty on electric vehicles (EVs) that are imported completely or partially deconstructed has been reduced from 15-30 percent to 10-15 percent.

The announcement of a zero-percent customs duty exemption for lithium-ion cells was also made with the intention of lowering the price of lithium-ion batteries in India because they are not yet manufactured locally. Therefore, all of the necessary steps are being taken to enable market participants to pursue EVization objectives and follow the government’s plan to achieve a 100% EVization target.

However, the indigenization of the EV manufacturing components is the missing link. Batteries, electric motors, drive transmission parts, steering, the motor controller system, and battery cells are almost all imported components; it is nearly impossible to imagine an electric vehicle in India that does not contain a Chinese component.

SEG Automotive and Jing-Jin Electric Technologies, two large Chinese companies, are looking at India as a potential market for various EV components.

In order to evaluate the demand for electric motors, segment demand by motor rating, segment demand by power class, segment demand by type of motor preferred by EV OEMs in India, and assess the possibility of manufacturing these motors locally to move closer to indigenization of EV components in India, the report will serve as an essential source of information.

The government wants all three-wheelers, scooters, and motorcycles with engines smaller than 150 cc to switch to electric by 2023 and 2025, respectively. As a result, demand for the motor is likely to reach a scale in the next two to three years. Even in the worst-case scenario, nearly 40% of the 2W market will be EVized, which means that at least 10 million electric motors will be needed to power 10 million electric 2W.

Key Topics Covered:

1. Executive Summary

2. Research Approach & Methodology

3. Government of India e-Mobility Vision & Goals

4. Policy & Regulations

  • State
    • Karnataka
    • Delhi
    • Maharashtra
    • U.P
    • Gujarat
    • A.P
    • Kerala
    • Uttarakhand
  • Government
    • Fame I & Fame II

5. Automobile OEMs EVization Blueprint

  • 2W
  • 3W
  • PV
  • CV

6. E-Motors use in EVs

The type and technical specifications of the electric motors that are utilized Capacity in kW AC (Synchronous, Induction) DC (Brushed, Brushless, Hermetic) Number of E-Motors in an EV E-Motor configuration (hub vs. wheel) of the electric motors that are utilized by EVs that travel on Indian roads (2W, 3W, and PV)

7. E-Motors Supply Landscape in India

  • E-Motor Manufacturing in India
  • E-Motor Imports in India

8. E-Motor Demand Landscape in India

  • Auto OEMs manufacturing EVs in India
  • Annual MFG / Sales of EVs in India
  • Supply Chain of key EV Auto OEMs in India

9. E-Motor business Market Drivers and Restraints

10. E-Motor Type in Use in Automobiles in India

11. E-Motor Market in India in 2018-19

  • By vehicles type (2W, 3W and PV)
  • By motor type (AC, DC)
  • By capacity rating (in KW)

12. E-Motor Market in India by 2025

  • Estimating electric vehicles portion in total auto sales in India by 2024-25 (Optimistic, Pessimistic & Realistic Scenario)
    • 2W
    • 3W
    • PV
    • CV
  • Estimating number of E-Motors required by 2024-25
    • By vehicles type (2W, 3W and PV)
    • By motor type (AC, DC)
    • By capacity rating (in KW)
    • Segmentation by Power Class and KW rating
    • Segmentation by Low performance and high performance
    • Segmentation by range

13. Auto components OEMs e-Motor Strategy

14. Industrial Motors OEMs e-Motor Strategy

15. E-Motor Sourcing Strategy of OEMs

  • Local supplier vs Imports
  • Sourcing country for imports
  • Sourcing criterion
  • Willingness to source locally
  • Key issues with motors
  • Key purchase influencing criterion
    • Weight
    • Price range
  • Backward integration – self manufacturing

For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Did you find this article helpful?
0 out of 0 found this helpful
Still have questions? Open a Support Ticket


Leave a Reply


Book Your Free Session Now

Fill in the form below to book a 30 min no-obligation consulting session.

we will reply within 24 hours.