CEF Insights
Discover CEF Insights where our experts unpack ten energy transition news items every month in a bite sized under one hundred and fifty word format.
October
Electric Mobility
Indian Electric Vehicle Exports Surge, with Europe and Nepal leading the demand
Author
Meghna Nair
Notable because

Indian EVs, which have seen considerable domestic uptake in recent years, have now begun to make strong headway in international markets. The segment reportedly witnessed a 2.5x growth in value terms in the first seven months of 2023. This demand was led primarily by Nepal and a few European nations, such as France and Germany, which have emerged as stable and growing export markets for Indian EVs.

What to look out for in the months ahead

How will domestic EV policies influence India’s small but emerging EV export market in the coming months? 

Will EV exports mirror the trends previously observed in internal combustion engine vehicle (ICEV) exports? Which countries and vehicle categories will emerge as frontrunners?