top of page
Search

India surpasses China in electric three-wheeler exports: Seize the Global Exports Opportunity

  • Writer: Yasser Iqbal
    Yasser Iqbal
  • May 3, 2024
  • 3 min read

Updated: May 11, 2024


Image: A rendered image of an Electric three-wheeler in an International Market.

India surpassed China to claim the title of the largest market for electric three-wheelers (3Ws), with sales exceeding 580,000 units, as reported by the IEA (International Energy Agency). In the fast-evolving landscape of electric vehicles (EVs), India's three-wheeler OEMs stand at a pivotal crossroads. While India boasts the world's largest market for traditional three-wheeled vehicles, the transition to electric variants presents a golden opportunity for local OEMs to expand their horizons and tap into international markets. However, the road to global success is fraught with challenges, particularly in meeting the stringent quality and technology standards demanded by international buyers.


One of the primary obstacles hindering India's three-wheeler OEMs from capturing international markets is the perception of subpar quality. While Indian manufacturers excel in producing cost-effective vehicles for domestic use, the same cannot be said for their offerings on the global stage. International buyers often associate Indian-made three-wheelers with inferior build quality, reliability issues, and lackluster performance, deterring them from considering these vehicles for export.


Another critical aspect impeding India's three-wheeler OEMs from penetrating international markets is the technological gap between domestic offerings and global standards. While Indian manufacturers have made strides in electric vehicle technology, they still lag behind their international counterparts in terms of innovation, safety features, and overall performance. This technological disparity undermines India's competitiveness in the global arena and limits the export potential of local OEMs.


Despite these challenges, the rise of electric three-wheelers presents a unique opportunity for Indian OEMs to elevate their global standing. By embracing innovation, investing in research and development, and forging strategic partnerships with international players, Indian manufacturers can enhance the quality and technology of their offerings to meet international standards. Collaborating with global industry leaders will enable Indian OEMs to gain access to advanced technologies, best practices, and global distribution networks, positioning them as formidable contenders in the international market.



The imperative for India's three-wheeler OEMs to enhance quality and embrace technological advancements becomes even more pronounced when considering the vast export potential waiting to be tapped. With the global demand for electric vehicles rising, particularly in regions with stringent emission regulations and growing sustainability concerns, Indian manufacturers have a golden opportunity to position themselves as preferred suppliers of electric three-wheelers. However, to capitalize on this potential, Indian OEMs must prioritize quality, innovation, and compliance with international standards to instill confidence in global buyers and establish a foothold in international markets.


If you are struggling with exports it's a great opportunity to reach out to our engineers at ConnectM who have helped over a dozen Indian three-wheeler OEMs from the ground up to build their products that meet International standards. 


ConnectM in the last three years has supported Montra, Biliti Electric, Keto Motors, Lucas TVS, and many other players from other segments like Force Motors, Sonalika, VST Tillers, and Tracktor in their electrification journey.  To book a free consultation on how to Build ElectricVehicle on International Standards you can contact me at yasser@connectm.com or call me at 9663713555. Explore our Digital Control Unit, An All-in-One, Control Unit that integrates Vehicle Control Unit, Telematics, and Instrument Cluster in a single unit. Ideal for both Indian and International Market.  Click below to find more information about the product






 

About the Author

This article was written by Yasser Iqbal, who has been in EV Industry since 2017, started his EV career at Foxconn in China and is currently working in Connectm Technology Solutions Inc. ConnectM is a clean energy technology and solutions provider for residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary digital platform to accelerate the transition of sustainable transportation. ConnectM is headquartered in Marlborough, Massachusetts, and has its Engineering team based in Bengaluru, India.

If you are interested in reaching Yasser Iqbal, you can reach him at yasser@connectm.com and you can also explore more solutions on www.connectm.in

 
 
 

コメント


bottom of page