The Indian automotive sector is close to a $100 billion industry, and employs over 19 million people (according to the Department of Heavy Industries). Within this is the electric vehicles (EV) sector, which is seeing a transformation with new technologies and new ways of ownership. The changes driving the sector are electric vehicles, shared mobility, autonomous driving, IoT-enabled connected vehicles, and increasing line automation in manufacturing. The NITI Aayog expects that, by 2030, 80% of two and three-wheelers, 40% of buses, and 30 to 70% of cars will be electric vehicles. It further expects that 35% of passenger miles will be on shared vehicles.