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Insights

Riding the Electric Vehicle Wave in India

By Avalon ConsultingJuly 28, 2020August 29th, 2023No Comments

Driven by environmental concerns, technological development and scale economics in batteries, and aided by subsidies, Electric Vehicles are continuing their inevitable march to replace Internal Combustion Engine (ICE) vehicles worldwide. This perspective evaluates the present market trends, prevailing government policies along with their impact and the future of electric vehicles adoption in India.

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