Electric Vehicle (EV) sales are accelerating rapidly across the globe, driven by growing environmental concerns, government incentives, and decreasing battery costs. However, India's automotive industry is adopting a cautious approach, with EV sales growing steadily but not at the same breakneck pace as other countries. According to recent data, Indian automakers are focusing on hybrid and mild-hybrid vehicles, which offer a more affordable and practical alternative to full-electric models. As the Indian government pushes for a transition to cleaner energy, the country's automotive sector is navigating a delicate balance between meeting emissions targets and catering to consumer demand for affordable, reliable transportation.
EV sales in fast lane but Motown treads the middle path The Economic Times
