EV penetration slow as costs, lack of charging infra weigh
Financial Express Pune|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.

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

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

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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IIT-Madras to offer fine arts, culture courses

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● Leisure continues to outshine corporate trips

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Panel suggests LS elections template for entrance tests

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Siddique murder: Court sends accused to police custody till Dec 20

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DPIIT inks pact with HDFC Bank

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PM: Cong fanned water disputes among states

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SME IPOs fetch rich returns in Dec

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Indian firms use euro, yen swaps

MOREOVER, EXPECTATIONS OF dollar strengthening further have also prompted Indian firms to opt for cross-currency pairs other than USD-INR.

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KYC masking to go live on Jan 20

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