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The Morning Brief

Bumpy Ride For EVs In India

Jul 16, 2024
Rajeev Singh from Deloitte India discusses the slowdown in EV sales in India, challenges like limited charging infrastructure, and Tata Motors revising sales targets. They explore government subsidies, hybrid models, and customer experiences, comparing India's approach with China's NEV policy.
19:09

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Podcast summary created with Snipd AI

Quick takeaways

  • EV sales in India are challenged by limited charging infrastructure and range issues.
  • Hybrid vehicles are proposed as a transitional solution to overcome range anxiety.

Deep dives

Global Slowdown in EV Sales

Despite the initial expansion in electric vehicle (EV) sales, there has been a global slowdown observed, affecting markets including India. The growth rate has decreased significantly, with sales numbers even declining in comparison to previous quarters. The slowdown is noticeable in countries like the US and India, with factors like reduced government subsidies impacting consumer demand.

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