This post is a part of EV Next’s EV Perspectives.
EV Next, a division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.
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This post is part of a series titled “Strategizing for E-mobility Opportunities in India” from EV Next Perspectives. See all posts for this series from here. See previous post Vertical integration opportunities in e-mobility sector
Based on the insights provided in this series from EV Next, we now arrive at a list of steps to identify the right opportunity for your firm.
Using the data and inputs provided in the earlier sections, your team can now use this conceptually simple action framework to start on the roadmap for your e-mobility strategy.
Figure 3: Steps to identify the right EV opportunity for your firm
For each value chain component, assess it on its potential for specific timelines. For those with potential, assess whether your firm has (or can develop on your own or through partnerships) what it takes to benefit from the opportunity. Take further steps to work on those opportunities that have done well in these assessments.
Doing the above analyses requires a small team to work in detail on each of the steps, with the top management interactions at key stages of evaluation such as the one about the ease of developing the resources and skillsets.
This post is part of a series titled “Strategizing for E-mobility Opportunities in India” from EV Next Perspectives. See all posts for this series from here.
The following are the posts in this series:
See what we have to say on the EV Business opportunities: Across Sectors & Businesses | Identify the Right opportunity | Evaluating the Opportunities |
Know more on how EV Next can assist your business in your strategy for the e-mobility and electric vehicles sectors, Here
Wish to know everything about India’s EV market from one place? Check out the India EV Expert Guide, an 800 page comprehensive guide to the Indian EV market. Here
Get to know about 1000+ EV innovations from EVI2: Electric Vehicle Innovation Intelligence from EVNext