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EV Market Growth in India: Key Trends and Future Insights

The EV market growth in India is accelerating, with 83% of consumers ready to choose electric vehicles for future purchases. The shift toward sustainable mobility is evident in key states.

Goa leads in electric vehicle sales in India, with 14.20% of new vehicles being electric. Delhi follows with 10.72% EV penetration, reflecting its strong push for green mobility. India’s EV market is projected to reach $18.3 billion by 2029, growing at a 28.52% CAGR. Read more at India Brand Equity Foundation at https://www.ibef.org/indus...

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06:03 AM - Mar 10, 2025 (UTC)

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