Changing Landscape Of Aftermarket In India
Electric vehicles in India reduce mechanical wear, disrupting the automotive aftermarket. Workshops must upskill in electronics, software, and predictive maintenance to stay relevant and generate revenue in the evolving EV ecosystem.
Electric-Mobility has become the cynosure of automobile aficionados in India of late. At the same time, it has caught public attention as Electric Vehicles (EV) are gaining traction in the country. As India embarks on an ambitious journey of being a hundred percent EV nation by 2030, the ministry of Road Transport and Highways (MoRTH) launched the Go Electric campaign.
EV offers advantage in terms of lower fuel costs, environmental friendliness and energy independence for a country which pays huge crude oil import bill to meet its energy needs. But there is one segment in the auto sector which is going to face challenging times to keep pace with this change. The automotive aftermarket in India is going to witness major disruption in the coming years. Let’s have an understanding on the consequences of EV disruption on aftersales business.
The automotive aftermarket is going to be affected by the increase of electric mobility and the following factors are primarily responsible for this.
- Lesser number of mechanical parts in EV
- Longer service intervals due to less wear and tear
The electric vehicle has very few moving parts in comparison to the internal combustion engine (ICE) automobile. Petrol and diesel engines, provide…
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