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6 hours ago

India’s Electric Vehicle Market Accelerates Rapid Growth

India’s electric vehicle (EV) market is rapidly growing, with sales up 20% and nearly 2 million EVs sold in 2024. Projected to reach $114 billion by 2029, growth is driven by government incentives, better infrastructure, and demand for cleaner transport. The EV battery market is also expanding, but managing used batteries is critical.

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