Auto industry globally is witnessing a paradigm shift in the way the consumer meets transportation needs. We are at the cusp of mobility disruption brought about by awareness for environment and energy security clubbed with technological enhancements, digitalization, innovative business models and ever – increasing customer expectations.The rapid development in the field of electric mobility in the recent times is the greatest opportunity and the most pragmatic approach to ride this transformation wave.
Indian auto industry is one of the fastest growing markets globally but the footprint in global EV space is just 0.5%. As per Data Labs, in India, adoption of EV is going to be dominated by commercial vehicles rather than PV segment and is predicted to have market share of 70% by 2030.
The focus, now, is on the electrification of 2 wheelers and 3wheelers which is growing at an accelerated pace. Society of Manufacturers of Electric Vehicles has said that out of the total sales in FY20, 1.52 lakh units were two-wheelers, 3,400 cars and 600 buses.It is just a matter of time that India makes a bigger splash in the global green mobility scene.
We decided to look at the talent pool in almost 25+ EV companies to analyse the profile of senior leadership team across key functional areas of Product Management, HR,Sales and Marketing, Supply Chain and Operations. We looked at companies across multiple business areas, types of mobility business and geographies.