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Most of the new cars to hit Indian roads next fiscal may be electric

9 months ago Auto economictimes
Out of 14 new car brands set to debut in the next fiscal year, 12 will be electric, aligning with the government's target of one-third electric vehicle sales by 2030. However, concerns over affordability and infrastructure may hinder mass adoption. Industry experts anticipate a modest volume increase, with electric vehicles comprising a larger share of the market mix. Overall passenger vehicle sales are projected to grow 3-5% in FY25. Read more at: economictimes

Tags : electric cars Indian roads new car brands battery electric vehicles sales powered fiscal year industry executives charging infrastructure Maruti Suzuki

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