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November 22,2024

India's EV Market Faces Decline in Passenger Vehicles, Growth in Cargo

India's electric vehicle market shows contrasting trends, with a 9% year-on-year decline in passenger EV sales in September 2024. However, electric three-wheeler cargo vehicles are on the rise, with sales expected to exceed 50% soon, indicating a shift toward electric commercial transport in India’s growing EV landscape.

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