EV penetration slow as costs, lack of charging infra weigh
Financial Express Lucknow|December 17, 2024
THE PENETRATION OF electric vehicles (EVs) in India is running significantly behind schedule, with most segments failing to reach even the 5% market share level.
SWARAJ BAGGONKAR
EV penetration slow as costs, lack of charging infra weigh

This is owing to a variety of factors, including steep acquisition costs and inadequate charging facilities, said analysts.

Lower resale value than petrol-diesel counterparts, high battery replacement costs, stray incidents of vehicles catching fire, range anxiety, and withdrawal of government incentives are some of the factors that have hit growth, they added.

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هذه القصة مأخوذة من طبعة December 17, 2024 من Financial Express Lucknow.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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