The Future of Electric Vehicles in India
The Future of Electric Vehicles in India Electric vehicles (EVs) are rapidly becoming the future of transportation across the world, with governments and automakers alike striving to reduce carbon emissions and promote sustainable transportation. India, with its high pollution levels and increasing demand for transportation, is particularly well-suited for a transition to electric vehicles. In this article, we will outline the future of electric vehicles in India, including the current state of the EV market, government policies and incentives, and the challenges and opportunities facing the industry. Current State of the Electric vehicles (EVs) Market in India The EV market in India is still relatively small, but growing rapidly. According to a report by the Society of Manufacturers of Electric Vehicles (SMEV), the sales of EVs in India reached 156,000 units in 2020, up from 130,000 units in 2019. While this is a significant increase, it still represents a small f...