Detailed EV market research report released.

along with Implementation of FAME II Policy by Government” by Market Research Company ‘Ken Research’ has been published on the world’s largest market research portal ‘researchandmarkets.com’. Key points from this study:

With the right government policies, a local supply chain, lower battery prices & widespread charging infrastructure, the Indian EV market could contribute $6.4 Bn in next 5 years.

eRickshaws, eAutos and e2Ws are the most promising segments for electrification in India and are expected to account for more than 4 million units by 2025.