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Thursday, December 19, 2024 | 10:39 PM ISTEN Hindi

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EV growth faces charging woes even as carmakers push ahead with launches

India's charging infrastructure lags behind EV demand despite policy incentives

Electric vehicles, EVs, Electric car
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Business Standard Editorial Comment Mumbai

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The Indian market for electric passenger vehicles (e-PVs) is minuscule, accounting for 2 per cent of the passenger vehicle market in 2023-24. It is expected to go up just 100 basis points in FY25. Of this, two-wheelers account for more than half the electric-vehicle (EV) market. But car manufacturers are undaunted by these numbers. According to a report in this newspaper, leading car companies in India have 15 to 20 launches planned in the coming year, a major acceleration from seven or eight launches in 2024. Most of these EVs are likely to be high-end sports utility vehicles. Carmakers may

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