Leadership: We Communicate Your Thoughts
Leadership: We Communicate Your Thoughts
Mohan Satyaranjan, CEO, Taqanal Energy
It is a great gesture that India manifests high bandwidth in embracing the EV revolution. According to Mordor Intelligence, The Indian Electric Vehicle Market was valued at $1.43 billion in 2021 and is expected to reach $15.39 billion by 2027 while registering a CAGR of 47.09 percent between the next six years. While India is anticipated to be one of the potential markets, there is still a huge gap in the utilization of EV technology. It is constantly evolving as an innovation, but there are many untapped voids in the sector. Factors such as low battery efficiency, range anxiety, lack of charging infrastructure, long charging duration, high initial cost, and more are hindering the adoption of electric vehicles. To counter all these evident obstacles by rendering an amazing contribution to this high potential market, Taqanal Energy Pvt. Ltd.
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Top 10 Leaders in E-Vehicle - 2022
With the increase in global warming, climate change are essential pertaining to the rising global warming, Electric vehicle (EVs) serve as a transformative factor being an environment friendly choice amidst the global automotive sector. EVs are an efficient attempt of the automobile industry to advance transitioning to alternative, less energy-intensive options. As per Invest india reports, the India's automotive industry is worth around $222 billion, while the EV market in India is estimated to be valued at $2 billion by 2023 and $7.09 billion by 2025. The automotive industry accounts for eight percent of all national exports.
Also, presently, as the automobile industry contributes 7.1 percent of India's Gross Domestic Product (GDP) and 49 percent of its manufacturing GDP, it is significantly held to be impacting the nation's economy. It also depicts that, as they follow the trends, numerous auto ancillaries and associated sectors will grow along with the EV industry in the upcoming years. The increased vehicular emission in major cities such as Delhi, Mumbai, Bangalore, and Hyderabad, backed by growing awareness about the adverse effects of the vehicular pollution on the environment and human health are attributing to the market growth. The Indian EV market comprises diverse small and large EV companies, including the startups who are contributing in the forecasted growth achievement, leading to further expansion. However, if one were to chart out some of the best EV startups, it can turn daunting as the market is witnessing prolific growth opportunities given the environment-friendly aspects.
In this issue of the CEO Insights magazine, a list of `Top 10 Leaders in E-Vehicle - 2022' is provided to the readers in corporate and different sectors, for informing on the excellent services leveraged by the Leaders in E-Vehicles. The listing is prepared by a team of industry veterans, CEOs and VCs, and the CEO Insights magazine editorial board.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Leaders in E-Vehicle - 2022" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Anandkumar Shanmugam, Deputy Manager - Electric Vehicles | TVS Motor Company | Possesses 12 Years of extensive experience in Design verification and Testing of Electric Scooters(2W),Pedal Assisted Bicycles - Pedelec, and Battery operated Bicycles |
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Bhavish Aggarwal, Founder | Ola Electric | An alumnus of IIT Bombay and an Indian entrepreneur has nearly two decades of extensive experience in the Industry |
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Jeetender Sharma, Founder & Managing Director | Okinawa Autotech | After spending more than two decades in Two-wheeler automobile industry he got inspiration from the sustainable and Eco-friendly lifestyle of Okinawa, Japana, he devote his efforts to bring India as a leading player in Electric Mobility |
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Kalyan Korimerla, Managing Director | Etrio | A game changer with market disrupting ideas and solutions in the EV segment |
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Mohan Satyaranjan, CEO | Taqanal Energy | A versatile leader with more than 25 years of R&D experience building products and solutions for enterprises and service providers |
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Dr. Pawan Munjal, Chairman | Vida | One of India's renowned corporate leaders, championing growth, socio-economic progress, and technological innovations |
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Siddharth V. K., Director - Product Line Management | Ather Energy | A market leader with around two decades of ecperience in sales, marketing, business strategy, project management and more |
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Suhas Rajkumar,Founder & CEO | Simple Energy | With a Batchelors in Architecture, he is engaged in making mobility more accessible, affordable, secure and comfortable |
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Veeresh Timmannavar, Deputy General Manager | Mahindra Electric | A pioneer of electric vehicle technology in the country with a mission to bring tomorrow’s movement, today with a wide variety of electric vehicles |
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Vivekananda Hallekere, Co-Founder & CEO | Bounce Infinity | Helps making daily commute stress-free, time-saving, reliable and convenient through his innovative platform, i.e. India’s first smart urban mobility solution |
Other Issues
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