| |DECEMBER 20224According to market research by Custom Market Insights, the worldwide Electric Vehicle market size was valued at approximately $205.4 billion in 2022 and is expected to reach around $1105 Billion by 2030, growing at an exorbitant CAGR of 23 percent between 2022 and 2030. With climate change catastrophes looming around, the world has finally started taking e-Mobility as a serious alternative to ICE vehicles. In India as well, wherein ICE vehicles contribute an estimated 123 Million Tonnes of CO2 emissions annually, the novel electric vehicle revolution is a need of the hour and is already at the gates. The largest stumbling blocks in front of the EV industry have always been the need for charging infrastructure in our country, longer time taken for charging, and high heat dissipation, not to mention the lack of attractive designs. But the industry has responded well to the initial setback, as EVs today have come back strongly with solutions to all these issues. Assisted by the union government's strong e-Mobility vision, the industry is working like an oiled engine to build a robust charging infrastructure PAN India. At the same time, it has also quite appreciably found fast-charging solutions and solved heat dissipation challenges. As a catalyst to this revolution, the Union Cabinet chaired by Prime Minister Narendra Modi has announced an Rs.18,100 crore ($2.44 billion) National Program on Advance Chemistry Cells Production Linked Incentive Scheme. It was suggested by DHI last year for battery manufacturing and storage in India. While we look ahead to the interesting EV future of the automotive industry, we have managed to curate some of the stories from the industry. Do let us know your thoughts. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comThe EV-olution of the Automotive Industry Editorial Vol 04 · Issue 5 - 1 · DECEMBER, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Design - ManagerPrabhu Dutta A.R.N RayAssistant EditorHeena KousarNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.DesignersTushar Das & Vayshnavi PD.VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Hima M. P. Roopalatha H Tanuja Akkanavar siliconindia | | April 202029Even in a digital world, products must be shipped every day. And no matter how high your ambitions are, we are here to ship them for you. Around the corner, across the country or maybe to another continent. We support your organisation by providing innovative solutions for transport and logistics that help your business develop and expand.Visit dsv.com or simply call us at +91 22 71 99 90 00 and get things moving.OUR BRANCHESAhmedabad +917949009000; Bangalore +9108061799000; Chennai +914471444000; Cochin +914842377383; Gandhidham +912836297950; Gurgaon +911247199900; Hyderabad +914045570000; Jaipur +911412389169; Kanpur +915122304439/40/41; Kolkata +913330027100; Ludhiana +911612622652; Mahipalpur +911126783303; Mumbai +912271999000; Pune +912071119000; Tirupur +914212243755; Tuticorin +914614550036; Vadodara +912653088156; Visakhapatnam +918912735066/2595066; Zirakpur +911762525777For more information, please contact your local DSV officeor email us at info@in.dsv.comMain services· Full charter· Part charter· On-board courier· Consolidation· Back-to-backAir FreightSea FreightMain services· Full cointainer load· Less than cointainer load· Non-containerised load· Buyer's consolidation services· Break bulkYou need it. We move it.
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