According to a new report by UnivDatos, The India EV market was valued at approximately USD 4.1 Billion in 2023 and is expected to grow at a robust CAGR of around 40.34% during the forecast period (2024-2032) owing to the rising urbanization, affordability, increasing disposable income, and the shift towards electric mobility. Introduction The Indian EV market is rapidly evolving and is...

 The Indian EV market is rapidly evolving and is poised for growth and subsequent dominance due to the growing emphasis on ecological automobiles and advancements in EV technology as well as government policies promoting eco-friendly automobiles. Being among the measures that the country is taking to curtail the rising levels of air pollution as well as address the worrying trend of intense use...