Check Electric Vehicles and it's growth in Automobile Industry

The future of electric vehicles (EVs) in India looks promising, driven by the government’s push towards sustainable mobility, growing consumer demand for new technologies, and the emergence of private players with an interest in EV technology. The Indian government’s incentives and pro-EV strategies are driving the market northwards. The total addressable market for new vehicles in 2030 encompasses almost 15 million vehicles. The government offers incentives in income tax for EV buyers. Electric vehicles don’t have gears, which ensures an excellent driving experience with no complicated controls. The EV market in India is gaining momentum as the country looks to reduce its dependence on fossil fuels and combat air pollution.

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