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Image Source : Energyinfra market Screenshot 2024 06 25 180033

India’s EV Market to Surge 35-40% Annually until 2027

Last Update 11 September 2024

India's Electric Vehicle (EV) market is projected to grow 35-40% annually through 2027, with sales expected to reach 3-4 million units by 2025 and 10 million by 2030. Government incentives and infrastructure investments, including increased budget allocations and PLI schemes, are driving this growth, despite current challenges like limited charging stations.

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Government/Nodal Bodies UpdateElectric vehicleEinfewsCharging Station

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

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