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Showing posts with the label global ev market size

Ev Market In India

  Introduction Indian Electric Car market: The electric car market in India is witnessing a surge in demand in recent years as the country gears up for a cleaner, sustainable future. With an increasing focus on reducing air pollution and mitigating the effects of climate change, the Indian government has set a target of having 30% of the country's total vehicle fleet to be electric by 2030. This has led to a growing interest in electric vehicles (EVs) among consumers and automakers alike. Several major automakers, both Indian and international, have already started launching EVs in the Indian market. At the same time, several startups are entering the market with their own offerings, bringing innovation and competition to the industry. The growth of the electric car market in India presents a great opportunity for the country to reduce its dependence on fossil fuels and contribute to a cleaner environment. However, despite the growth, the adoption of EVs in India is still in its ea...