India Electric Vehicles Market Research Report 2022-2027
Bharat Book Bureau Provides the Trending Market Research Report on “Electric Vehicles Market in India 2022-2027” under Automotive Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
India Electric Vehicles Market, Forecast 2022-2027
Electric Vehicles (EVs) account for less than 1% of the vehicle sales in the country. However, as many as 90% of the existing four-wheeler owners would be willing to switch to an EV provided that the right infrastructure is in place, out of which 75% of the population believes EVs could replace Internal Combustion Engine (ICE) vehicles by 2030. Electric two-wheelers have already gained wide popularity. Their economic viability is one of the major drivers of their sales in tier I cities.
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