Vincent Bolloré, Pawan Goenka.
“The key element in an electric vehicle isn’t the vehicle, it’s the electrical systems.”
Vincent Bolloré from the French company of the same name has set his eyes firmly on the aftermarket for EV batteries, using them as energy storage devices. He believes the market to be worth “hundreds of billions of dollars.”
“We remain very optimistic that electric vehicles will become a significant portion, about two-five per cent of the Indian automotive industry, in the next four-five years.”
Pawan Goenka, Executive Director and President (Automotive & Farm Equipment sectors) at Mahindra, seems to have a careful but not entirely hopeless approach to electric vehicles. He continues to push for government incentives to speed up EV adoption.