India Electric SUV Market 2024-2030

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    INDIA ELECTRIC SUV MARKET

     

    INTRODUCTION

     The abbreviation “SUV” stands for Sports Utility Vehicle and is used in the auto industry slang. It describes a class of vehicle that has a high centre of gravity, frequently four-wheel drive, and rough design.

     

    Traditionally, the word “SUV” has been used to refer to a wide variety of four-wheel-drive cars that can go off-road and have a lighter truck-like feel.

     

    While the term “SUV” can be used to describe larger cars, and Jeep-like SUVs, it can also be used to describe smaller vehicles without four-wheel drive and with only a limited capacity to travel off-road.

     

    It also implies that the vehicle is capable of carrying out tasks and possesses outdoor-specific qualities, such as the ability to traverse various terrains.

     

    Although the driving range and mileage of electric vehicles (EVs) vary, most drivers may anticipate about 250 miles on average on a single charge. Remember that a number of things, such as the weather, the size of the battery, and others, can affect the range of an EV.

     

    can charge the electric vehicle using specialist 480 V+ public fast chargers,  outlets similar to those used by your dryer, or regular  volt(V) household outlets Level 1. DC Fast Charging. The drive and the size of the battery affect how long it takes to charge using each of these three methods.

     

    INDIA ELECTRIC SUV MARKET SIZE AND FORECAST

     

    infographic: India Electric SUV Market, India Electric SUV Market Size, India Electric SUV Market Trends, India Electric SUV Market Forecast, India Electric SUV Market Risks, India Electric SUV Market Report, India Electric SUV Market Share

     

    The India electric SUV market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    INDIA ELECTRIC SUV MARKET NEW PRODUCT LAUNCH

    Indian automaker Mahindra launched its new line of electrified SUVs there. The carmaker released five electric SUVs globally under two names – XUV and a new all-electric brand known as BE. The vehicles are named – XUV.e8, XUV.e9, BE.05, BE.07 and BE.09.

     

    These new cars will be built on the INGLO EV platform While the BE will have electric vehicles with sporty, strong design language, the SUVs under the XUV brand will have a design language that will have the company’s legacy with future technologies. The SUVs are built on an electric platform called the INGLO EV.

     

    The wheels are positioned at the corners and the floorboard doubles as the battery pack, indicating that it is an electric skateboard platform.

     

    One of the biggest automakers in India, Tata Motors has long been a leader in the nation’s automotive sector. As part of its recent efforts to lower carbon emissions and promote sustainability, the corporation has been concentrating on the development of electric cars (EVs).

     

    The Tata Nexon EV is among its premier EV products. A small SUV that runs entirely on electricity was introduced in India as the Tata Nexon EV. It is based on the Nexon SUV, but has undergone a number of improvements and alterations to make it suitable for an all-electric drivetrain.

     

    The 30.2 kWh lithium-ion battery that powers the Nexon EV is said to have a range of up to 312 kilometers on a single charge. Using a fast charger, the battery may be charged up to 80% in about 60 minutes.

     

    Three models of the Nexon EV are offered: the XM, XZ+, and XZ+ LUX. Automatic climate control, electric windows, a touchscreen infotainment system, and a rearview camera are included in all models.

     

    Additional options, including leatherette seats, a sunroof, rain-sensing wipers, and others, are included with the pricier models. The Nexon EV has twin airbags, ABS with EBD, rear parking sensors, and electronic stability control (ESC) as standard safety equipment.

     

    A rearview camera, front fog lamps, and hill-start assistance are additional pieces of equipment that come with the higher models.

     

    One of the safest vehicles on Indian roads right now is the Nexon EV, which has a 5-star safety certification from Global NCAP. With costs for the basic model starting at about INR 14 lakh (USD 18,500), it is also one of the most cheap EVs in the nation.

     

    The Nexon EV has been well-received by both consumers and critics since its release. It has received accolades for its strong build quality, pleasant driving experience, and amazing range.

     

    To make it simpler for owners of Nexon EVs to recharge their cars, Tata Motors has also been aggressively extending its nationwide network of charging infrastructure.

     

    In addition to the Nexon EV, Tata Motors is also developing a number of additional electric vehicles that should be released soon. These include the HBX EV, an electric variant of its future micro SUV, and the Altroz EV, a completely electric variation of its well-liked luxury hatchback.

     

    The Tata Nexon EV represents a significant advancement for the Indian automotive sector overall. It is paving the path for a cleaner and more sustainable future by demonstrating that electric vehicles can be practical, inexpensive, and safe.

     

    A high-end electric SUV made by the German carmaker Audi is called the e-tron. It was the first entirely electric vehicle made by the firm. The Audi e-tron is built to provide a balance of sportiness, comfort, and efficiency while maintaining the brand’s high standards for luxury and performance.

     

    The basic e-tron and the e-tron Sportback are the two variations of the e-tron that are offered. An excellent performance and handling on any road surface is provided by the dual-motor all-wheel-drive system that is standard on both variants.

     

    The 95 kWh battery pack that powers the e-tron is capable of supplying up to 222 miles of estimated range on a single charge. A standard home outlet may be used to charge the battery, or it can be charged more quickly—up to 80% faster—by employing fast-charging technology.

     

    The e-tron has a roomy, opulent interior with enough room for up to five passengers to sit comfortably. The car has a number of cutting-edge amenities, such as a panoramic sunroof, a touchscreen infotainment system, a premium sound system, and a digital instrument cluster.

     

    Advanced safety technologies, including lane departure warning, adaptive cruise control, and automated emergency braking, are also included with the e-tron.

     

    The ingenious regenerative braking system of the e-tron is one of its most notable characteristics. The vehicle’s kinetic energy is transformed into electrical energy by the electric motors when the brakes are applied, and this electrical energy is then stored in the battery.

     

    This not only increases the vehicle’s range but also makes driving a lot more comfortable and responsive. The e-tron’s sophisticated suspension system, which is intended to provide a smooth and pleasant ride even on uneven road surfaces, is another noteworthy aspect of the vehicle.

     

    Adaptive air suspension, which is standard on the car, allows the ride height and suspension stiffness to be automatically changed to accommodate varying road conditions.

     

    INDIA ELECTRIC SUV MARKET COMPANY PROFILE

    • Mahindra
    • Suzuki
    • Hyundai
    • Defy
    • Tata harrier

     

    THIS INDIA ELECTRIC SUV MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many electric SUVs are manufactured per annum in India? Who are the sub-component suppliers in the region?
    2. Cost breakup of a India electric SUV and key vendor selection criteria
    3. Where is the electric SUV manufactured? What is the average margin per unit?
    4. Market share of India electric SUV market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture India electric SUV in-house
    6. key predictions for next 5 years in India electric SUV market
    7. Average B-2-B electric SUV market price in all segments
    8. Latest trends in electric SUV market, by every market segment
    9. The market size (both volume and value) of the electric SUV market in 2024-2030 and every year in between?
    10. Production breakup of electric SUV market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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