Governments and automobile manufacturers are shifting to selling newer, cleaner electric vehicles, which are expected to account for one-quarter of new sales by 2035. Global electric vehicle sales reached 6.75 million units in 2021. Providing a boost to electric mobility is intended to cut down carbon emissions that contribute to greenhouse gases. Electric Vehicles are
Expansion of automotive sector and rise in awareness to curb pollution levels is expected to drive the demand for India electric vehicle market for the forecast period. According to TechSci Research report, “India Electric Vehicle Market By Vehicle (Passenger Cars, Commercial Vehicles, Two- and Three-wheelers), By Vehicle Class (Mid-priced & Luxury), By Propulsion (BEV, PHEV & FCEV),
China’s target for 2020: According to Central Government of China, Electric Vehicle will reach over 30 Million Units by 2020 and over 35 Million by 2025. The government of China is pushing Electric Vehicles sale to reduce pollution level in china, this is a part of new industrial policy known as Made in China 2025.
