India EV Car Market Tremendously Exciting, Says Leapfrog

There is a huge amount of capital looking to invest in the transition from fossil fuels to electric, says Andy Kuper, Founder and CEO of LeapFrog Investments. "We see India as tremendously exciting," he says. The firm released a joint report along with Temasek, auto manufacturer Mahindra and Battery Smart, titled "Powering an affordable EV revolution in emerging Asia." Kuper spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.
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[MeenPo]

West: We burned fossil fuels for decades with reckless abandon.

Also west: India! You need to cut down emissions!!

[abhishekmahanta]

Electric bikes now cost same as ICE bikes, that's why it's booming in India.
But electric cars still cost 50% more than ICE cars 😢

[Say_My_Name--]

India is Betting more on Green hydrogen fueled & hybrid Vehicle ✊🏻

[JaySR]

Cut bullas going crazy in the comments 😂

[yoloyolo]

doesn't mean has to be a electric car
checkout their e-motorcycle

[ytfactz.]

I want to say "mind your own business".

[ajaymohan]

Conclusion: We drove our whole industrial revolution and became a developed nation in the back of Oil and petroleum products. But you can't do it. You need to use fuels which will cost way higher to protect the environment 😂 Hipocracy

[mathewp]

Diesel all the way. EVs only work for city folk. In every country its the same i'd reckon.

[lastChang]

China is declining.
India 🇮🇳 is projected to become a developed nation in 25 years.
- At the same time, third-world China will become a second North Korea.

[henry-pjzo]

If this man has studied why EV is hard growing in the US, he would not be optimistic about indian market.

[VickyYadav-qjkv]

Everyone going big on electric but very few talk about Hydrogen....it's going to be big nd will power big truckes or even small cars....

[soonhockchua]

Leave aside the narrative against China, it's obvious the opportunities lie in quality yet affordable Chinese green products & technology, collaborating with Chinese firms to effectively serve these varied, developing, sometimes still poor nations.

[jimkuan]

Without China supplying the EV components, especially the EV batteries, nothing will happen in India. China is the wind beneath the Indian GDP Growth Story.

[iamsheep]

about 8% of Indian households own cars LOL

[hyuxion]

By becoming a developed country, do you mean India GDP will surpass USA? Good luck with that.

[DBLARRY]

Anyone being to India would change thier unrealistic expectations