Innovations Disclosed at the 8th Edition of ET Auto EV Conclave

Exploring the Road Ahead: Revelations and Innovations Disclosed at the 8th Edition of ET Auto EV Conclave

The ET Auto EV Conclave, held at Hyatt Regency in New Delhi, provided a platform to showcase the automotive industry’s shift towards sustainable and eco-friendly mobility solutions. This event, organized by ET Auto EV Conclave, gathered leading minds from both the domestic and global electric vehicle (EV) landscape to collaboratively envision a cleaner, safer, and more sustainable future for the Indian automotive sector.

As a catalyst, the Conclave enabled the industry to stay informed about current market dynamics, fostering discussions on potential growth and advancement opportunities. The following encapsulates the essence of their ideas, insights, and proposals for ground-breaking innovations.

Participants seized a valuable opportunity to glean insights from experts, presenting trends and strategies crucial for driving a successful nationwide transition to sustainable mobility.

Commencing with an opening keynote from Rakesh Sharma, Executive Director of Bajaj Auto, the event featured the release of a report by Ashim Sharma, Senior Partner and Group Head of Business Performance Improvement Consulting at Nomura Research Institute.

Over the two-day event, industry leaders delivered presentations and engaged in panel discussions. Noteworthy quotes from speakers included:

Rakesh Sharma, Executive Director of Bajaj Auto, acknowledged the oversight of major players in the electric three-wheeler domain.

Naveen Munjal, MD of Hero Electric, highlights the ease of electrifying two-wheelers.

Diego Graffi, Chairman & MD of Piaggio Vehicles, praises India’s unparalleled skill, knowledge, and capability.

Kausalya Nanda Kumar, COO of Mahindra Electric, emphasized the shift towards globally demanded products.

Nishant Arya, Vice Chairman of JBM Group, expressed optimism about India’s upcoming opportunities.

Tapan Sahoo, Executive Director – Engineering at Maruti Suzuki India, underscoring the challenges in transitioning from Internal Combustion Engine (ICE) to EV.

S J Dhinagar, SVP & Head – Vehicle Engineering at Ola Electric, predicting an earlier end to the ICE age.

Parminder Singh, Country Head at Autodesk’s Design & Manufacturing and Media and Entertainment Verticals in India & SAARC, recognizes the ongoing Design and Make in India trend within the EV sector.

Sridhar Dharmarajan, EVP and MD of Hexagon Manufacturing Intelligence India highlights the preference of younger consumers for technologically advanced and user-friendly vehicles.

Garima Misra, MD of Group Landmark, acknowledges the current disparity in prices between ICE and EV.

Vinkesh Gulati, Chairman of Research & Academy at FADA, noted the varying degrees of interest among dealers in sustainability.

Praveen Nagpal, Executive Vice President of Kinetic Electric, pointed out ample opportunities for dealers to sustain with available financing.

Mahendra Nath Pandey, Union Minister for Heavy Industries, presented statistics on the positive impact of the FAME II scheme on oil consumption and carbon emissions reduction.

CV Raman, CTO at Maruti Suzuki India and President SAE India emphasized the need for the evolution of mobility to drive growth and disruption.

Jyoti Malhotra, MD of Volvo Cars India, recognizes Indian consumers as value-conscious and states that EVs offer significant value.

Matteo Boddi, Head of Supply Chain at Piaggio Vehicles, acknowledges India’s potential for a robust EV ecosystem.

Aravind Prasad, Head of Charging Infrastructure at Ather Energy, stresses the importance of interoperability for charging infrastructure to instill consumer confidence.

Atul Arya, Head of the Energy System Division at Panasonic Life Solutions India, advocated for swapping as an optimal and battery-friendly charging solution.

Srinivas Kantheti, Co-founder & MD of Bike Bazaar, predicts a significant shift towards electric last-mile delivery vehicles by 2030 with the availability of favorable financing options.

 

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