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Electric Vehicles Revolution

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What is the current trend in the EV market in India?

The current trend in the EV market in India is being driven by the mass market, primarily two-wheelers, and three-wheelers, which together account for about 96% of the EV market.

How much has the number of registered EVs increased in three years?

The number of registered EVs has increased by more than six-fold in three years.

What do EVs represent in terms of mobility?

EVs represent the future of mobility.

What can undo the gains of the last three years in the EV market?

<p>Viral social media videos of EVs going up in flames due to malfunctioning batteries can undo the gains of the last three years.</p> Signup and view all the answers

What are two distinct features of the EV market in India?

<p>Two distinct features of the EV market in India are that EV adoption is being driven by the mass market, primarily two-wheelers, and three-wheelers, and that aggressive early entrants to the market have generally been new entrants to the automobile sector.</p> Signup and view all the answers