EV Manufacturing Ecosystem: Opportunities & Strategies
YES BANK and Guidance Tamil Nadu – the nodal agency for investment promotion in Tamil Nadu, organized a webinar on ‘Electric Vehicle Manufacturing Ecosystem: Opportunities & Strategies’ on September 18, 2020. The webinar featured two panel discussions on the themes ‘Localizing EV Value Chain: The OEM Perspective’ and ‘Strengthening Domestic Value Chain: Component, Electronics & Battery’.
The report presents key takeaways from participating Government and industry leaders, which include Mission Director, National Mission on Transformative Mobility & Battery Storage, NITI Aayog; MD & CEO, Guidance; and Founders/MD/CEO/ Heads of Hero Electric, SUN Mobility, Ashok Leyland, Hyundai Motor India, Robert Bosch Automotive Electronics, Gayam Motor Works, Sanmina Corporation India and Aptiv Connection Systems India.
The report highlights key aspects that emerged out of the discussion, such as phased approach to localization, collaboration and focus on strengths for value addition, partnerships between stakeholder segments to create scale, need for wider policy actions to offer direct incentives for accelerating demand, among other. It further gives focused recommendations for Government and industry stakeholder across areas such as catalyzing demand, standardization, supply ecosystem and other enablers.