The Indian EV industry took a hard knock in 2020 as the pandemic affected the sector just like other industrial segments. The two-wheeler and three-wheeler category which accounts for a majority of the EV sales were the worst hit and led to an overall 20% decline in the EV market in India with sales of […]
The EV market in India remains in a moribund state despite the government’s intentions to make this a key technology to reduce the country’s dependence on huge oil imports. The government has announced some incentives and a FAME 2 package but they couldn’t go far enough in pushing the EV market. The ICE vehicle market made a solid rebound […]