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EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra report
India's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supported by lower operating costs. Electric three-wheelers will remain the most electrified category with attractive economics. Electric passenger vehicles will see robust growth from a small base. Future growth depends on domestic value chain development and charging infrastructure expansion.
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economictimes.indiatimes.com
EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra report
India's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supported by lower operating costs. Electric…
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yourstory.com
EV penetration may rise to 10-12% of total sales in FY27: report
The report said it expects EV adoption to remain strongest in segments where the economics of electrification are already compelling.