Investment in Electric Mobility: Charging Ahead in India

Invest in India: Accelerating the Electric Vehicle Revolution

The Indian electric mobility sector is revving up, and investors worldwide are eyeing this dynamic market. As the world transitions toward sustainable transportation, India stands at the forefront of the electric vehicle (EV) revolution. Let’s delve deeper into why investing in India’s electric mobility industry is a strategic move and discover how Fox&Angel can be your trusted partner on this electrifying journey.

Why Invest in India’s Electric Mobility?

  1. Government Commitment: Indian authorities set aggressive targets, looking forward to 30% of the vehicle population on the roads by 2030 behind the wheels. The Second Automotive Mission Plan (AMP) is indeed a strategy that India wants to follow in order to achieve international standards in the automotive sector. The absolute dedication turns into a coherent policy setting, giving an opportunity to electric vehicle producers and capitalists.

  2. Market Potential: The Indian EV market is anticipated to increase by 45.5% (CAGR) between 2022 and 2030. As per the estimates, annual sales are expected to cross 16 million units in 2030. Cheap per-mile operating costs, as well as charge and battery affordability, are arguably EVs most powerful selling points. As consumers pay more attention to the environmental aspects, they go for cleaner and more efficient technologies, and the demand for them is rapidly growing.

  3. Charging Infrastructure: By the end of 2022, India had managed to secure 12,146 working public charging stations for EVs. The government's vision of establishing the PLI Scheme for Advanced Chemistry Cells (ACC) is a perfect way of embracing the future. Investors can participate in building this green infrastructure by making equity investments in companies that are running charging infrastructure or by partnering with known players in this field.

  4. FAME II: The FASTER scheme promotes hybrid and electric vehicle adoption and manufacturing. This scheme supports e-buses, e-3 wheelers, e-4 wheelers (including strong hybrids), and e-2 wheelers. Under the new scheme, FAME I, subsidies, incentives, and tax reductions facilitate investment in this area.

Why Choose Fox&Angel?

At Fox&Angel, we understand the pulse of India’s electric mobility landscape. Our expertise lies in:

  1. Research and Content: We ensure that we obtain detailed reports on deals, the laws and regulations governing them, and other market aspects. We study market trends, consumer attitudes, and technological factors to ensure that our investment decisions are insightful.

  2. Location Analysis: We identify the strategic locations for setting up an EV-based venture, considering demand, the local policy framework, and infrastructure. It can be a manufacturing plant, a power charging station, or an R&D center. These are the choices that we help you make, which can have the maximum impact.

  3. Policy Advisory: While the country has a stringent regulatory system, it can be quite a hassle to dwell through it. Fox&Angel delivers advisory services on policies, including executing environmental laws and health and safety regulations and adopting tax laws accordingly. We are tracking the policy changes, which may have an effect on your investments, and keeping you well informed about them.

  4. Stakeholder Engagement: Collaboration and relationships that provide valuable information and insights are key elements of successful investments. The collaboration partners are first met by Fox&Angel in the form of representatives of the government, private sector, and technology sectors. We believe in innovation, and that’s why we collaborate with partners whose goal is sustainable growth.

Conclusion

Investing in India’s electric mobility sector isn’t just about financial gains; it’s about shaping a sustainable future. By investing in EVs, you contribute to cleaner air, reduced carbon emissions, and energy security. Join hands with Fox&Angel to be part of this transformative journey. Contact us today to explore investment opportunities and drive change!

 

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