<p style="font-weight: 400; text-align: justify;">The Indian EV ecosystem is currently in the initial stages of development but has been gaining traction. In 2021,&nbsp; 330,00 units of EVs were registered in India, clocking a growth of 168 per cent as compared to 2020. This surge in sales was led by 2- and 3-wheelers, which accounted for 48 per cent and 47 per cent of the overall sales, respectively, followed by passenger vehicles at 4 per cent.&nbsp;</p>
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<p style="font-weight: 400; text-align: justify;">India set yet another record this June. We witnessed the highest-ever half-year sales volume of <a href="/industries-and-applications/electric-vehicle">electric vehicles</a> with nearly 4 lakh vehicles sold across all categories in 6 months. According to vahan dashboard, India clocked 333% YoY growth in EV sales in the same period last year. Despite the low EV share in total Vehicle registration (only 5%), the trends firmly indicate that EV revolution is firmly underway.</p>
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<p style="font-weight: 400; text-align: justify;">Many challenges await the EV industry to realize its full market potential. None more pressing than the immediate need for a robust EV supply chain. There exists a clear gap within the existing ecosystem of traditional auto component manufacturers to address the novel demand coming from EV sector. We feel traditional non-auto electrical and electronics component manufacturers have a much crucial role to play here to ensure the country&rsquo;s EV growth plans get the right support. &nbsp;</p>
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<p style="font-weight: 400; text-align: justify;">We at <a href="/">Raychem RPG</a> believe in going green for a sustainable future and understand the important parameters &amp; criticalities of the EV sector. Our 3 decades of experience in Power distribution, build to print &amp; Safety enable us to support electric vehicles OEMs with &nbsp;safer and robust solutions for charging, power distribution &amp; safety product lines. Raychem RPG initiated its journey into EV sector in 2021 and are today partners to a number of reputed EV OEMs that have trusted us for our engineering strength, reliability, quality &amp; delivery.</p>