The Indian EV market is fostering with a CAGR of 22.4% during the period 2024-32. The top 5 Indian startups that are leading the anticipated market of $110.74 bn are Statiq, covering 65+ cities comprising of 7000+ chargers, Vidyuta, specializes in production of CAM for Li-Ion cells, Ather Energy has installed 1000 charging stations, Trinity touch and BluSmart operating 4000+ EV chargers.
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