阮 Observer Net Ruan Jiaqi

A number of Indian media such as "Economic Times" and "India Today" quoted sources on the 28th that sources have revealed that TATA Motors, the largest comprehensive car company in India, is purchasing electric vehicle battery packs from Indian manufacturers through the purchase of.In order to solve the performance problems such as the decline in battery power in early models, and expand its supply chain and improve technical capabilities.

According to reports, in the past two years, Tata Automobile has been using the battery products of the Indian enterprise on its electric bus. This is the first time they have used these battery packs for passenger electric vehicles.It is expected that the latest SUV electric vehicle of this car company will use the battery pack from Chinese enterprises.

The Indian Media "Business Standard News" quoted a spokesman for Tata Automobile to say that the company is adopting a diversified procurement strategy to reduce the risk of supply chain and dependence on single suppliers to ensure reliable and timely component supply.This strategy is essential for the rapid growth and fierce challenges to respond to the electric vehicle industry.

On September 14, 2023, Shailesh CHANDRA, Executive Director of India, India, attended the Nexon EV new electric vehicle launch conference.Visual Indian

In the past, this leading car company, which was in the absolute leadership in the Indian electric vehicle market, purchased batteries from TATA AutoComp, a parts and component system company under its group.It is worth mentioning that the battery core required for these battery manufacturing also comes from Indian enterprise Guoxuan Hi -Tech.

According to the Indian media, in the passenger car market, this is the first cooperative relationship with external battery suppliers since the launch of electric vehicle products in 2020.The "Business Standards" evaluated this that the move marked a major change in Tata Motor's strategy in battery procurement.

It is also reported that in order to ensure the balanced strategy of innovation and localization, this new electric vehicle will have two battery capacity to choose from.The assembly battery.

Some Indian media pointed out that as the Indian electric vehicle market continues to grow, the strategic change of Tata Motors may become a key decision to help the company maintain a leading position while continuing to pave the way for further development.Valuable experience has successfully transitioned to a more advanced technology field, which highlights the importance of pursuing innovation and excellent global cooperation in the electric vehicle industry.

"India Today" also mentioned that although the Indians hope that local brands can respond to the government's "AATMANIRBHAR BHARAT" call to maximize the "manufacturing" of India, but in view of India's raw materials and production technology in electric vehicles and production technologyThe dominant position is currently not feasible that most Indian car manufacturers, including Tata Automobile, depend on the battery assembled by Indian companies in India.

Not long ago, thanks to the sharp surge in the stock price, Tata Automobile became the first Indian car manufacturer ranked among the top ten global car companies.As of July 31, the company's market value reached 51 billion US dollars, becoming the highest market value of India.The company's stock price rose more than 50%this year, and rose by more than 101%last year.Jaipur Stock

As an Indian car company that started the electric vehicle layout earlier, Tata Automobile currently occupies a dominant position in the Indian electric vehicle market, with a market share of more than 60%.

According to the tracking data released by the market research agency Counterpoint Research in April, if the sales of Indian electric vehicles were subdivided into the brand in 2023, Tata Automobile was topped with a 70%market share.However, compared with the decline of 17 percentage points in 2022, its market share was squeezed by Ma Hengda and BYD.

The market share of electric vehicle brands in India.Countpoint Research drawing

At the same time, the Indian electric vehicle market has shown a rapid growth trend.According to the data released by the Indian Automobile Dealer Association Federation, fiscal year from 2023 to 2024 (April 1, 2023 to March 31, 2024), Indian electric vehicle sales were about 90,000.Although this number is still small, it only accounts for 2%of the total car sales of the year, this number has almost doubled compared with the previous year.

Counterpoint Research also predicts that the sales of Indian electric vehicles in 2024 will increase by 66%to reach 4%of the total passenger car sales.By 2030, Indian electric vehicles are expected to account for nearly one -third of the Indian market.

India lacks oil, and the development of electric vehicles will help the government to achieve the goal of reducing oil imports and foreign exchange outflows.As the third largest automotive market in the world second only to India and the United States in 2023, the Indian government has recently introduced a number of measures to improve the production capacity of local electric vehicles."Global Manufacturing Center" in the field.

However, the policy of embracing foreign businessmen in the "big opening" seems to cause dissatisfaction among Indian local car companies in turn.Tata Automobile and Ma Hengda believe that in the early stages of the development of the industry, local electric vehicle manufacturers need more government support. By reducing tariffs to attract foreign capital entry, "will crack down on the entire domestic industry" and the investment environment will be damaged.Pune Investment

On the other hand, although the Indian government is keen to promote the electrification of the domestic automobile industry, it has never been good at guiding enterprises in specific policies.India has long emphasized that its ambitious automotive electricity plans have been emphasized in 2017. Many electrification plans have been formulated for many years, but there are still many shortcomings in the electrification process of the Indian automotive industry today.

"India Today" recently pointed out in a report that the lack of charging infrastructure, high preliminary costs, and limited consumer awareness all hindered the development of the Indian electric vehicle market.There are also Indian media supplement that India does not have a large amount of reserves of key minerals such as lithium, cobalt and nickels that are vital production of batteries, and lack of corresponding experience in mining and reserves.A large amount of mineral demand.

Although some Indian media and think tanks are alarmist, the import of nearly a/4 of India's automobile parts is imported from India, and the policies launched to attract foreign investment may be Indian companies.However, from the perspective of "India Today", the rise of Indian electric vehicle brands has provided valuable experience while bringing severe challenges to Indian manufacturers.India has grown from novices in the automotive industry to redefining electric vehicle power powers in the future. This is a common result of decades of strategic planning, large -scale investment and government support. It is worthy of the Indian car companies draw experience and plan their own success.

Source | Observer.com