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Charging Up: India's EV space

The Morning Brief

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The Inflection Point of Electric Cars in India

In a best case scenario, export safe of passenger vehicles, the evy penetration, at best, may be 30 % by the end of the decade. But for two wheelers, it may be a lot higher, or the number could be 20 to 30% as early as 26 27. So that woull be close to four to five million two-wheeled cars and millions of cars which will still be run on internal commersion engines. Only luxury car makers are quite active, and they are introducing models after model. You want to see definitely colossy, frenzied activity when it comes to new model launches.

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