Latest news with #EntrepreneurIndiaEV2025
United News of India
29-06-2025
- Automotive
- United News of India
EV 2025 : Funding futures, battery innovation drive India's EV ambitions
Chennai, June 28 (UNI) The day 2 of Entrepreneur India EV 2025 unfolded with high-octane Sessions, power-packed panels, and bold ideas aimed at accelerating India's electric mobility revolution. The conversations revolved around the transformative potential of collaborative financing, battery innovation, and policy-powered disruption--clearly underlining that India's EV dream is not just alive but charging forward. The day commenced with an insightful keynote address titled 'From 2 to 20 million: India's Ambitious EV Journey' delivered by Mr. Mahesh Babu, Global CEO, Switch Mobility. Setting the tone, he said 'India is not just adapting to change—we're driving it. From policy breakthroughs to grassroots innovation, the momentum in our mobility and technology sectors is unstoppable. But to reach the next milestone, we need more than just investment—we need intent, collaboration, and bold execution.' Addressing the summit Ms. Ashita Marya, CEO, Franchise India said 'India's EV journey is no longer about catching up—it's about leading with purpose. What we witnessed today is a powerful convergence of innovation, finance, and entrepreneurship. At Franchise India, we believe the future belongs to those who not only build sustainable solutions but also scalable ecosystems. EV 2025 is a clear reflection of that vision taking shape.' This was followed by a forward-thinking panel discussion: 'Unlocking the Future of EV Funding: Collaborative Funding, Technological Innovation, and Economic Impact.' Ms. Vasudha Madhavan, Founder and CEO of Ostara Advisors, moderated the panel, which featured Mr. Kunal Mundra, CEO & Founder, Astranova Mobility, Mr. Nandagopal R, President and National Business Head - Green Finance, Shriram Finance, Ms. Akanksha Sharma, AVP, Green Finance, Namdev Finvest, Ms. Nehal Gupta, Founder and MD, AMU Leasing Pvt. Ltd, Mr. Dev Arora, Founder and CEO, Alt Mobility. In her opening remarks, Ms. Vasudha Madhavan observed, 'In the last decade, we've watched India's EV ecosystem evolve from an idea to an industry. But today, capital isn't just a resource—it's the missing building block that can either make or break innovation.' Panelists emphasized the urgency of building trust, inclusivity, and accessibility within green finance. Ms. Akanksha Sharma noted, 'Financial inclusivity isn't just a metric—it's a mindset… we must look beyond documents and credit scores and start funding intention. That's how we unlock real, scalable impact.' Ms. Nehal Gupta said 'Capital is our raw material—and yet accessing it remains our biggest challenge. It's not enough to build assets; we need to build belief—in the model, in the mission, and in the future.' A deep-dive panel on battery technology followed, exploring the theme: 'Transforming Battery Manufacturing: Advanced Chemistries, AI, and Regulatory Dynamics.' In a powerful insight, Guru Punghavan, CEO, Boson Cell said 'Our initial venture was to recycle end-of-life batteries and retrieve the salts. Now, we've vertically integrated into cell manufacturing, which lets us produce low-cost lithium-ion cells—potentially even more cost-effective than Chinese cells in the EV sector.' As the event concluded its second day, EV 2025 continued to serve as a vital platform for thought leadership, innovation, and cross-sector collaboration. With impactful dialogues and clear calls to action, the expo reaffirmed India's growing momentum toward sustainable mobility solutions. UNI GV 1730
United News of India
27-06-2025
- Automotive
- United News of India
EV 2025 powering India's EV Revolution, kicks off in Chennai
Chennai, June 27 (UNI) Entrepreneur India EV 2025 commenced today uniting industry pioneers, government leaders, technology innovators, and entrepreneurs to shape the future of electric mobility in India. The event set an ambitious tone for the nation's rapid and sustainable shift toward an electrified transport ecosystem. Opening the summit, Ms. Ashita Marya, CEO, Franchise India, said 'We are at a turning point in India's electric mobility journey. From a projected USD 27.7 billion battery market by 2028 to EVs accounting for 4.1% of total car sales this May, the shift is real, rapid, and irreversible." "But this conference isn't just about milestones, it's about momentum", he noted. The next two days are about turning conversations into collaborations, and ideas into action, he said. In his keynote address on 'The DeepSeek Moment for the EV Charging Infrastructure – Ultra-Fast Charging (BYD)', Mr. Tin Hang Liu, Co-Founder and CEO of Open Energy, emphasized the transformative role of ultra-fast EV charging in driving mainstream EV adoption, positioning it as a pivotal element of India's mobility roadmap. A marquee panel on 'Transforming India's Mobility Landscape: Global Insights and Strategic Solutions for a Sustainable EV Ecosystem' followed, offering a forward-looking blueprint for scaling EV adoption through innovation, collaboration, and inclusive policy. 'India today stands at a pivotal moment—where science, innovation, and sustainability must converge not just in policy papers, but in everyday life. Our challenge is not just to build advanced technologies, but to ensure they reach the last mile, touch real lives, and solve real problems. It is time we move beyond isolated excellence and embrace a collaborative ecosystem—where research institutions, industry, and government co-create solutions that are scalable, inclusive, and globally relevant. We are not just imagining the future—we are engineering it, right here, right now.' Dr. Anita Gupta, Scientist 'G' & Advisor, DST, Government of India, said. 'We must stop thinking of electrification as a distant dream. The real crisis isn't just fossil fuels, it's our continued inefficiency and the way we design systems that waste energy by default. Unless we build an ecosystem powered by genuinely green electricity and supported by reliable infrastructure, EV adoption will be only half a solution. The goal is not just to replace petrol with power, but to reimagine how mobility, storage, and sustainability intersect at scale.' Padmashri Dr. Ashok Jhunjhunwala Ex-Advisor, Ministry of Power, Prof: - IIT Madras, said. One of the most anticipated segments of the day was the release of Frost & Sullivan's exclusive market report, 'Transformative Trends in the Indian Electric Vehicle Market – 2025 and Beyond,' presented by Mr. Prajyot N Sathe, Research Director. Mr Sathe said 'India's electric vehicle market is evolving rapidly—on track to touch over 700,000-unit sales annually by 2030. But growth alone isn't enough. The focus must now shift to building resilient, localized supply chains, expanding charging infrastructure density, and accelerating battery innovation. With supportive policies like FAME, PLI, and reduced import duties, we have a window of opportunity to make India not just a consumer of EVs, but a global manufacturing hub.' The summit also hosted deep-dive sessions on pivotal themes including EV Consumer Behavior: Understanding drivers, barriers, and shifting market forces, Technological Advancements: Emerging innovations shaping the next era of EVs and Autonomous and User-Centric Design: Reimagining the EV experience for future mobility. The day concluded with two impactful panels 'The Evolution of EV Charging: Implications for Energy, Real Estate, and Mobility' and 'Driving the Future: The Role of Electric Commercial Vehicles in India's Green Transition' UNI GV 1800
