
Bumpy Ride For EVs In India
The Morning Brief
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Challenges and Revisions in India's Electric Vehicle Market
This chapter delves into the challenges facing the electric vehicle market in India, including the slow growth rate, lack of charging infrastructure, and high price premiums leading to customer hesitancy. Companies like Tata Motors are adjusting their sales targets due to these challenges, with the industry now expecting around 20% electric vehicle sales by 2030 instead of the initial 30% target. Customers share their mixed experiences with electric vehicles in India, highlighting issues such as range anxiety, limited mileage, and reliability concerns on long trips.
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