Week 12: significant investments in the EV ecosystem

We added four new reports to our database, each exploring various aspects of electric vehicle (EV) industry. The reports cover topics such as the UK's Green Automotive Transition strategy, the growth and potential of India's electric mobility sector, significant investments in the EV ecosystem in the past eight years, and the impact of the global passenger EV market on battery material supply chains.

In week 12 we added the following reports:

  • Race to zero: powering up britain’s ev supply chain | SMMT
  • Investment landscape of indian e-Mobility market | USAID
  • U.S. Electric Vehicle Manufacturing Investments and Jobs | EDF

The reports are shared and available free of charge in our database.

The UK’s Green Automotive Transition Strategy for Zero-Emission Vehicles

The first report, “Race to zero: powering up Britain’s EV supply chain,” by the Society of Motor Manufacturers and Traders (SMMT), explores the potential of the UK’s zero-emission vehicle supply chain and proposes a strategy to anchor future vehicle production in the country. The report acknowledges the need for investment and competitiveness to remain a significant player in the global automotive industry. It identifies the strengths and opportunities of the UK’s supply chain and proposes a Green Automotive Transition (GreAT) strategy to create a world-class supply chain that can deliver new technologies to a global market.

Infographic titled "A Green Automotive Transformation Strategy" with three sections: "De-Risk Private Capital," "Regulatory Reform," and "Global Diplomacy." Each section lists bullet points of various strategies, such as reducing energy costs, updating regulations, and expanding free trade agreements.
Source: Race to zero: powering up britain’s ev supply chain | SMMT

 

Exploring the Growth and Potential of India’s Electric Mobility Sector

The second report, “Investment Landscape of Indian e-Mobility Market” by the United States Agency for International Development (USAID), discusses the growth and potential of the electric mobility sector in India, including challenges, opportunities, and various sub-segments. The report emphasizes the need for financing and government support and highlights the importance of identifying unique value propositions and strong traction while considering investment opportunities in the sector.

A bar graph titled "EV Sales Registered in India Over 5 Years" shows yearly sales from FY2018 to Q3 FY2023. E2W sales are most prominent, E3W sales steady, and E-bus sales minimal. Sales increase significantly, especially in FY2023, showing a 55% rise overall.
Source: Investment landscape of indian e-Mobility market | USAID

 

Summary of Eight Years of Significant Investment in the Electric Vehicle Ecosystem

The third report, “U.S. Electric Vehicle Manufacturing Investments and Jobs” by the Environmental Defense Fund (EDF), summarizes the significant investments made in the electric vehicle (EV) ecosystem in the past eight years. The investments include announced funding for EVs, EV battery, and battery component manufacturing, resulting in 143,000 new jobs, based on company announcements and some already created for operational facilities. The report highlights how federal laws such as the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) have contributed to this investment.

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Source: U.S. Electric Vehicle Manufacturing Investments and Jobs | EDF

 

 

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