The EV market in India witnessed sales of 600,396 units of EVs in 2023. This figure is expected to reach 13,411,105 units by the end of 2029, expanding at a compound annual growth rate (CAGR) of 68.59% during the 2...
India EV Finance Market Analysis The India Electric Vehicle Financing Market size is estimated at USD 2.37 billion in 2025, and is expected to reach USD 19.97 billion by 2030, at a CAGR of 53.16% during the forecast period (2025-2030). As demand for electric vehicles (EVs) surges and go...
India EV Battery Pack Market Analysis The India EV Battery Pack Market size is estimated at 0.68 billion USD in 2025, and is expected to reach 4.06 billion USD by 2029, growing at a CAGR of 56.09% during the forecast period (2025-2029). ...
GlobalAutoIndustry.com’s latest Audio Interview “India EV Market: Update 2023” features Nabeel A Khan. Mr. Khan is Founding Editorm
Market AnalysisPolicyEarly in the 21st century new companies were formed to take advantage of the absence of the large car manufacturers in the EV market, such as Tesla Motors in the U.S, Think in Norway, BYD in China and REVA in India. Globally all these new manufacturers had released ...
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Christian Hahn, Hubject CEO, said: “The EV market in India is seeing explosive growth. Last year sales nearly doubled and this year they are expected to rise by 66%. This strategic partnership with Exicom and the introduction of Hubject’s intercharge platform aims ...
Chinese carmaker BYD's subsidiary in India has expanded its electric vehicle lineup with three new SUV variants, aiming to lead the Indian EV market.
rooted in a purpose-built design philosophy aimed at addressing urban India’s most pressing mobility challenges, including technology-driven trade-offs, last-mile delivery inefficiencies, accessibility issues, and the increasing demand for eco-friendly commuting solutions. India’s EV market is[Read ...
Almost a year after Tesla CEO Elon Musk practically dropped idea to launch the EV maker in India due to high import taxes, the company is back in the reckoning with fresh offer. World's largest electric vehicle manufacturer Tesla has renewed its efforts ...