CEF Infographics
Electric Mobility

How is India charging ahead in EVs?

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India's journey towards electric mobility is gaining momentum, with a staggering increase in EV sales reaching 600X growth over the past decade. An impressive annual growth rate of approximately 80% has been fueled by conducive policies, rising consumer awareness, expanding infrastructure, and a steady decrease in technology costs. However, EVs still have a long way to go, as penetration still accounts for 6.7% in FY 24.

Referencing the CEEW - CEF Electric Mobility dashboard, this infographic offers a clear view of India's robust EV sector in FY 24.

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Apoorv Minocha
Research Analyst
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Posted On
15 April 2024
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