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Marqstats

Marqstats

Information Services

What Intelligence Looks Like with Better Data and Machine Learning Models.

About us

Marqstats stands as the industry's first company to leverage machine learning and big data analytics specifically in the automotive sector. Our pioneering approach has revolutionized how data is utilized in automotive decision-making. Our skilled team, consisting of data scientists, automotive experts, and analysts, employs these advanced technologies to uncover deep insights and drive strategic innovations in the industry. Our Mission: To transform the automotive industry through groundbreaking machine learning and big data analytics, delivering unparalleled insights and strategic solutions. Our Vision: To maintain our leadership as the first and foremost data consulting firm in the automotive industry, continually pushing the boundaries of innovation and efficiency.

Website
http://www.marqstats.com
Industry
Information Services
Company size
201-500 employees
Headquarters
Delhi
Type
Privately Held
Founded
2021

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  • Interesting data point: 62% of journeys originating from smaller cities and towns highlights how intercity mobility growth is increasingly being driven beyond major metros. As connectivity improves, these markets are becoming an important source of demand for the broader transport ecosystem.

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    Proud to launch the latest version of redBus India BusTrack Report, which captures how travel behaviour, connectivity and passenger demand are evolving across the country. The October 2025 – March 2026 edition highlights: 🚌24% growth in passenger volumes 🚌 6,800+ active private bus operators across India 🚌62% of journeys originate from smaller cities and towns This edition also spotlights Andhra Pradesh & Telangana, two markets driving strong momentum in India’s intercity mobility landscape. Some highlights are: 🚌83% occupancy levels 🚌Higher-than-national average ticket prices 🚌Strong intra-regional travel demand India BusTrack by redBus aims to provide a more unified view of this rapidly evolving sector across passengers, operators, routes and regions. Read the full report here: https://lnkd.in/gMbXH4Mh #redBus #IndiaBusTrack #IntercityTravel #Mobility #TravelTrends #BusTravel #AndhraPradesh #Telangana #DigitalTravel

  • India Electric Bus Battery Pack Market Size, Share & Forecast 2026 – 2030 India electric bus battery pack market projected to reach USD 635.73M by 2030 at 22.24% CAGR. LFP dominates at 79%. PM E-DRIVE drives 14,028-bus demand. Market Overview & Analysis: The India electric bus battery pack market covers complete energy storage and power delivery systems for battery electric buses and coaches—integrating lithium-ion cells (primarily LFP, with NMC for intercity applications) into modules and packs with battery management systems (BMS), thermal management systems (liquid cooling), structural enclosures, and safety systems (fire extinguishing, pressure release valves, short-circuit protection). The market scope covers battery packs for fully battery electric vehicles (BEV) only; BEV propulsion accounts for approximately 99% of India’s electric bus market. Plug-in hybrid and fuel cell buses are excluded. Component-level revenue from standalone BMS, chargers, and e-axles sold separately is outside the scope. The India electric bus battery pack market is fundamentally policy-led and tender-led, not retail-led. Three national programmes shape demand: FAME-II already sanctioned 6,862 e-buses that created the initial installed base; PM E-DRIVE targets 14,028 new buses with INR 4,391 crore in allocation and subsidy directly indexed to battery capacity at INR 10,000/kWh; and PM-eBus Sewa aims to deploy 10,000 buses on a PPP model across 116 cities and 26 States/UTs with INR 20,000 crore central support. Industry analyses project annual e-bus sales could reach approximately 20,000 units by FY28, up from 4,441 units registered in CY2025. Battery pack capacity requirements span a wide band: urban city buses typically deploy 186–250 kWh (Tata Starbus EV at 186–200 kWh; Tata Ultra 9 EV at 200 kWh), while intercity and luxury coaches require 300–451 kWh (Olectra X2 at 350–400 kWh; Tata Intercity EV 2.0 at 450 kWh; Eka Coach at 451 kWh LFP; Switch Mobility EiV12 at >400 kWh). The PM E-DRIVE subsidy cap of INR 35 lakh at INR 10,000/kWh implies the incentive saturates at approximately 350 kWh, effectively anchoring bus design around large-format battery packs. The CESL tender launched in October 2025 for 10,900 buses specifies a minimum range of 180–200 km per charge, liquid-cooled battery packs, fast-charging via CCS 2.0, and air suspension—all requirements that directly define battery pack specifications. Read the full report: https://lnkd.in/gQD4B6gQ Key Players: Olectra Greentech Limited, JBM Group, Tata Motors, Exide Energy Solutions Ltd, Amara Raja Energy & Mobility Ltd. #IndiaElectricBusBatteryPackMarket #IndiaElectricBusBatteryPack #BatteryPack #ElectricBus #ElectricBusBatteryPack #MarketResearch #IndustryInsights #Marqstats

    • IndiaElectricBusBatteryPackMarket IndiaElectricBusBatteryPackMarketSize IndiaElectricBusBatteryPackMarketShare IndiaElectricBusBatteryPackMarketTrends IndiaElectricBusBatteryPackMarketGrowth IndiaElectricBusBatteryPackMarketForecast IndiaElectricBusBatteryPackMarketAnalysis
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  • India’s next EV push is targeting the part of the market that matters most for fuel consumption: commercial transport. The government is considering incentives of over $1 billion to accelerate adoption of electric buses and trucks, especially among private fleet operators who dominate the segment. India has more than 2 million buses on the road, but only a small share are government-owned, while trucks remain overwhelmingly diesel-dependent. What makes this important is the economics. Commercial vehicles operate at high daily utilization, which means electrification here can have a much larger impact on fuel imports, operating costs, and emissions than passenger vehicles alone. We may be looking at support for 10,000 electric buses initially, potentially scaling to 40,000–50,000 vehicles over time. The transition to electric mobility in India is gradually shifting from private ownership to freight, logistics, and public transport. That is where the next phase of scale is likely to come from. Marqstats | https://lnkd.in/gSdmt54G

  • Electric Vehicle Battery Components Market Size, Share & Forecast 2026 – 2030 EV battery components market projected to reach USD 156B by 2030 at 14.82% CAGR. Cathode (USD 55B), anode, separator, electrolyte. LFP vs NMC, silicon anode, 800V architecture. Market Overview & Analysis: The electric vehicle battery components market encompasses the core cell-level materials and sub-components: cathode active materials (NMC, NCA, LFP, LNMO, and emerging sodium-ion cathodes), anode active materials (natural graphite, synthetic graphite, silicon, silicon-graphite composites, and lithium metal), separators (polyethylene, polypropylene, ceramic-coated), electrolytes (liquid carbonate-based, solid-state polymer, solid-state ceramic/sulphide), current collectors (aluminium positive foil, copper negative foil), binders (PVDF, SBR/CMC), and conductive additives (carbon black, CNT). BMS, pack enclosures, bus bars, thermal management hardware, and module/pack structural components are treated as adjacent pack-system markets and are excluded from the core market scope. This distinction aligns with how US manufacturing policy (45X) defines qualifying battery components as electrode active materials, battery cells, and battery modules. The market is being shaped by five concurrent forces: (1) chemistry positioning—LFP versus nickel-rich cathodes, graphite versus silicon anodes—creating a two-track supply chain; (2) manufacturing yield and cost competitiveness, where China’s cost advantage and higher production efficiency create structural challenges for new producers outside China; (3) traceability and compliance—EU battery passport, carbon footprint declarations, recycled-content mandates, and US FEOC restrictions; (4) localization—proximity to cell factories becoming a commercial requirement, not just a strategic bonus; and (5) recycling and circularity—the battery supply chain increasingly becoming “closed loop” with EU-mandated recovery thresholds and recycled-content from 2031. More info: https://lnkd.in/gEiXtgPQ Key Players: LG Chem, Sumitomo Metal Mining Co., Ltd., Vianode, COBCO S. A., XTC New Energy Materials Europe GmbH. #ElectricVehicleBatteryComponentsMarket #BatteryComponents #EVBattery #EVBatteryComponents #BatteryMarket #MarketResearch #BusinessInsights #BatteryMaterials #BusinessIntelligence #Marqstats

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    • ElectricVehicleBatteryComponentsMarket ElectricVehicleBatteryComponentsMarketSize ElectricVehicleBatteryComponentsMarketShare ElectricVehicleBatteryComponentsMarketTrends ElectricVehicleBatteryComponentsMarketGrowth ElectricVehicleBatteryComponentsMarketForecast ElectricVehicleBatteryComponentsMarketAnalysis
  • Yes, quite a bit of that engineering eventually made its way into production programs. The Mercedes-Benz C 111-II D itself was an experimental platform, but the work around 5-cylinder diesel engines, turbocharging, aerodynamics, and endurance testing helped shape later Mercedes diesel development. Mercedes later introduced the OM617 5-cylinder diesel, which became one of its most well-known and durable engines, especially in models like the W123. The company also went on to become an early leader in turbo-diesel passenger cars. So the records were not just about speed. A lot of the learnings eventually translated into real production technology. Mercedes-Benz Research and Development India

    50 years ago, a five-cylinder diesel engine from Mercedes-Benz delivered a triple world record. On the high-speed circuit in Nardò, Italy, the C 111-II D transformed from an experimental vision into a world-record car. It set three world records and 16 class records for diesel vehicles, including a 10,000-mile world record at an average speed of 251.798 km/h. Developed as an experimental vehicle, the C 111 programme explored alternative powertrains and high-efficiency engineering. The diesel-powered C 111-II D demonstrated how aerodynamics, weight optimisation and powertrain efficiency can come together to deliver sustained high-speed performance over long distances. These records contributed to a deeper understanding of endurance, efficiency and system-level engineering insights that continue to inform the development of performance and mobility solutions even today. #MercedesBenzBreakthroughs

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  • India Electric Bus Market Size, Share & Forecast 2026 – 2030 India electric bus market size valued at USD 440 Mn in 2025, projected to reach USD 1.15 Bn by 2030 at 21.25% CAGR. Report covers BEV share, PM E-DRIVE impact, GCC model, OEM analysis & state-level Vahan data. Market Overview & Analysis : The India electric bus market report provides a comprehensive analysis of the manufacturing, procurement, deployment, and operation of electrically propelled buses across intra-city, intercity, and institutional transit applications in India. The market scope covers Battery Electric Buses (BEBs)—which overwhelmingly dominate with 98%+ share—alongside nascent Fuel Cell Electric Vehicle (FCEV) pilot programmes and Plug-in Hybrid Electric Buses (PHEVs), which have no meaningful commercial presence in India as of 2025. The six-dimension segmentation framework covers propulsion type, battery chemistry (LFP vs NMC), bus length, range, battery capacity, and application (intracity vs intercity). The study period spans 2021–2030, with 2025 as the base year, historical assessment from 2021 to 2025, and India electric bus market forecast from 2026 to 2030. India’s bus sector accounts for approximately 40% of the country’s road-based passenger travel demand measured in passenger-kilometres, and the country is the third-largest bus market globally. Within this broader ecosystem, electric buses are a small but rapidly growing segment. Cumulative e-bus registrations reached approximately 9,714 by end of CY2024, with a historical CAGR exceeding 65% since the first pilot deployment in Manali, Himachal Pradesh, in 2017. However, diesel and CNG buses still command approximately 93.5% and 4.9% respectively of total bus registrations. The India electric bus market analysis reveals a sector transitioning from subsidy-dependent early adoption to structurally self-sustaining growth, driven by favourable TCO economics, maturing domestic supply chains, and expanding manufacturing capacity among electric bus manufacturers in India. The market reached a major inflection point in December 2025, when the PM E-DRIVE tender for 10,900 electric buses was awarded. PMI Electro Mobility and Eka Mobility (the EV arm of Pinnacle Industries) secured approximately 80% of contracts at prices 5–15% below government estimates, signalling competitive maturity in the supply side and marking a dramatic realignment from legacy OEMs to new-age manufacturers. Read More: https://lnkd.in/gsyvqN57 Key Players: JBM Group, Tata Motors, Ashok Leyland, JSW Greentech Limited, Olectra Greentech Limited. #IndiaElectricBusMarket #IndiaElectricBus #ElectricBus #EVBus #BusinessInsights #GreenMobility #Marqstats

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    • IndiaElectricBusMarket IndiaElectricBusMarketSize IndiaElectricBusMarketShare IndiaElectricBusMarketTrends IndiaElectricBusMarketGrowth IndiaElectricBusMarketForecast IndiaElectricBusMarketAnalysis
  • The US auto market is entering a very different phase. Inventory is no longer the main problem. Affordability is. New vehicle inventory has stabilized close to pre-pandemic levels, with supply sitting around 75–80 days in recent months. But average new vehicle prices are still hovering near $49,000, while incentives remain relatively controlled. That creates an unusual situation. Dealers have more vehicles available, yet buyers are becoming more selective. Entry-level models remain limited, higher-priced trucks and SUVs continue to dominate mix, and more consumers are shifting toward used vehicles instead. The industry spent the last few years solving supply constraints. The next challenge may be solving affordability without giving up margins. Marqstats | www.marqstats.com

  • India’s two-wheeler industry has started FY27 with serious momentum. Production jumped nearly 28% YoY in April, crossing 2.3 million units, while exports rose past 500,000 units for the month. Two-wheelers alone now account for over 80% of India’s total vehicle production. But the interesting shift is underneath the headline numbers. Scooters are growing faster than motorcycles in several segments, electric scooters are steadily increasing share, and exports are becoming a bigger growth driver again. The market is no longer dependent on a single category or buyer base. That usually signals a healthier and more diversified industry cycle. Marqstats | www.marqstats.com

  • India’s EV transition is starting to move from vehicles to infrastructure. Under the PM E-DRIVE scheme, over 4,800 public EV chargers have already been approved across multiple states and oil marketing companies, with total approved investments crossing ₹500 crore. The broader scheme allocates ₹2,000 crore specifically for charging infrastructure development. What makes this important is the approach. The focus is no longer only on incentivizing EV purchases. It is shifting toward building the ecosystem needed to support long-term adoption across two-wheelers, passenger vehicles, buses, and commercial fleets. In markets like India, charging infrastructure does more than support EVs. It shapes confidence, usage patterns, and ultimately the speed of transition. Marqstats | https://lnkd.in/ga6rqJ9X

  • India EV Charging Station Market Size, Share & Forecast 2026 – 2030 India EV charging station market projected to reach USD 1,652 Mn by 2030 at 27.67% CAGR. Public stations grew from 5,151 to ~29,000+ in under 3 years. PM E-DRIVE targets 72,000 chargers. Market Overview & Analysis :- The India EV charging station market covers the design, manufacturing, installation, operation, and monetisation of electric vehicle charging infrastructure across India's urban, highway, residential, commercial, and industrial corridors. The market spans hardware (AC slow chargers, DC fast chargers, ultra-fast chargers up to 720 kW, battery swapping stations, bus depot chargers), software (charge point management systems, mobile applications, payment gateways, roaming platforms), and services (charge point operator models, energy management, fleet charging solutions, OEM partnership programmes). The term "EV charging infrastructure" and "EV charging station" are used interchangeably in this report to cover all forms of electric vehicle energy replenishment points. India's EV charging landscape has undergone a structural transformation. Public EV charging stations consumed approximately 847.8 million units (MU) of electricity in FY2024-25, more than four times the earlier reported level, indicating rising utilisation alongside rising station count. The market conversation has shifted from "do chargers exist?" to "are they reliable, interoperable, high-power, and where users actually need them?" Under FAME-II, 9,332 chargers were sanctioned but only 6,645 were operational by March 2026 (71.2% operationalisation), demonstrating the persistent gap between "sanctioned chargers" and "usable chargers" in India's deployment architecture. The Confederation of Indian Industry (CII) estimates India needs 1.32 million charging stations by 2030, requiring approximately 400,000 installations annually. The most important structural shift is that OEMs are now acting as charging orchestrators, not just vehicle sellers. TATA.ev announced a target of 400,000 charge points by 2027 under its Open Collaboration framework, partnering with Tata Power, Statiq, Zeon, and ChargeZone, and launching 21 Mega Charging Hubs with Shell in February 2026. Kia signed with BPCL to onboard 3,000+ charging points to K-Charge. Mahindra's Charge_iN partnered with HPCL to deploy charging at retail outlets nationwide. Interoperability is becoming a competitive weapon: Statiq integrated 5,100+ HPCL chargers into its EVLinq platform, Exicom partnered with IONAGE for a neutral open ecosystem, and multiple OEM-CPO app integrations are reducing the fragmented access problem. Explore the full market report :- https://lnkd.in/gwSZhX-t Key Players:-Exicom, Ather Energy, Statiq, ChargeZone, Delta Electronics India. #EVChargingInfrastructure #EVChargingStations #ChargingStationMarket #SmartCharging #DCFastCharging #EVBatteryCharging #IndiaEVCharging #Marqstats

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    • IndiaEVChargingStationMarket IndiaEVChargingStationMarketSize IndiaEVChargingStationMarketTrends IndiaEVChargingStationMarketShare IndiaEVChargingStationMarketGrowth IndiaEVChargingStationMarketForecast IndiaEVChargingStationMarketAnalysis

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