Govt incentives to increase EV penetration in India: Moody's
India has the fourth-largest car market globally, but EV penetration is currently only around 1%, says Moody's.
India has the fourth-largest car market globally, but EV penetration is currently only around 1%, says Moody's.
Ola and Ola Electric co-founder says India’s EV industry saw 20x growth by 2022-end, with monthly run rate increasing from just 4,000 units a month in June 2021 to 80,000 units towards 2022-end.