India $14.9 Bn Electric Vehicle Markets, Competition Forecast & Opportunities, 2028F - Government Initiatives and Subsidies and Rising Environmental Concerns Fueling Growth
With rising pollution levels and the cost of fossil fuels, many countries are adopting green energy, and India is no exception.
- With rising pollution levels and the cost of fossil fuels, many countries are adopting green energy, and India is no exception.
- The demand for electric vehicles is increasing rapidly, owing to the increasing shift towards advanced technology and multiple government initiatives in India.
- The two-wheeler segment holds the dominance in the India electric vehicle market as many youngsters opt for electric two-wheelers for their daily needs and city ride.
- In three-wheelers, YC Electric Vehicle comes on top followed by Saera Electric Auto Pvt.