India EV sales to rise 66% this year after nearly doubling in 2023, report says
2024-04-06 11:49:20 source：Reuters
April 5, 2024
April 5 (Reuters) - Electric-vehicle sales in India are expected to rise 66% this year after nearly doubling in 2023 as state subsidies help fuel demand and supporting infrastructure comes up in the country, according to research firm Counterpoint.
WHY IT'S IMPORTANT
The rapid growth in sales comes at a time when EV growth in other key markets such as the United States and China are slowing.
The report forecasts that by 2030, EVs are expected to represent nearly a third of India's personal vehicle market.
Read more:
https://www.reuters.com/business/autos-transportation/india-ev-sales-rise-66-this-year-after-nearly-doubling-2023-report-says-2024-04-05/