BECHTEL CORP.
Electric vehicle investment opportunities in India
In many respects, India appears to be ideally suited for a potentially large electric vehicle (EV) industry: the average distance that a personal transport vehicle (PTV), i.e., a car or a two-wheeler, is driven per day is very low and well within the range of EV technology commercially available; the very high rate of growth (25% per year for the last three years) of the automobile industry has placed most of urban India in a dire environmental situation; and the country has abundant reserves of coal and access to environment-friendly technologies to produce power from coal.
1997
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Abstract
In order to characterize the potential for EV in India and to determine how U.S. businesses should position themselves with regard to this potential market, USAID sponsored the preparation of this Business Guide. The Guide is expected to help U.S. businesses to understand both current trends in the Indian automobile industry and the emerging EV market. It also provides tips on an appropriate business strategy for India and profiles some potential collaborators for U.S. investors from among Indian companies. Most of these companies have proven capability and desire to establish business links with U.S. companies. (Author abstract, modified)
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