India’s EV Penetration Increases to More than 7 Percent in 2024, May Reach 30 Percent by 2030
Sales of Electric Vehicles (EV) have increased rapidly in the last few years in India. Last year, the share of EV in total vehicles was about 7.4 percent. This figure is expected to increase to 30-35 percent by financial year 2030. Incentives are being given by the Central Government and State Governments to increase the…