India’s EV Sector: Breaking Down Market Trends 2024🚗⚡️

🌐 India strives to triple its renewable capacity, with a keen eye on ensuring 30% of new vehicles are electric by 2030. This is a massive feat, considering electric cars comprised only 1.3% of sales in 2022. 📈 Meanwhile, projections suggest a skyrocketing EV market value from $2 billion in 2023 to a staggering $7.09 billion by 2025. With this, SME Futures ask few Indian EV players on the trends for 2024. Lets watch them talk about the Indian EV market outlook✨

Anushruti Singh Anushruti Singh

December 26, 2023