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India’s EV Sales to Cross 7% by FY28? The Reality Behind India’s Electric Push A recent report by CareEdge Ratings suggests that India’s electric car market could cross the 7 percent mark of total passenger vehicle sales by FY28. This projection reflects growing consumer awareness, supportive government incentives, and gradual improvements in the EV ecosystem. However, the path to this milestone is far from straightforward. The report highlights a few critical challenges and enablers: • Heavy reliance on imports: India depends significantly on imported rare earth elements and key battery raw materials, which could pose supply chain risks if not mitigated. • Charging infrastructure gaps: While metro cities are seeing growth in charging points, the pace of development in semi-urban and rural regions must accelerate to support widespread adoption. • Need for domestic manufacturing: Localising production of components and batteries can strengthen supply chains and reduce dependence on global markets. • Policy consistency: Long-term policy clarity and incentives will be crucial for manufacturers and consumers to invest confidently in EVs. • Consumer confidence: Continued focus on improving vehicle range, charging speed, and affordability will drive higher adoption rates. India’s push towards cleaner mobility is commendable, but turning this vision into reality requires a coordinated effort across the industry. Automakers, policymakers, and investors must align to overcome these hurdles and build a resilient, scalable EV ecosystem. Do you believe India will achieve this 7 percent milestone by FY28? What critical steps do you see as non-negotiable for the industry’s growth?
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Gentari & Shell join forces to power up India’s EV charging network Big moves in India’s clean mobility space: Gentari and Shell have signed an agreement to accelerate EV charging infrastructure development across the country. Here’s what’s driving
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The Rise of Electric Vehicles in India India's EV market is witnessing rapid growth, driven by government incentives, rising consumer awareness, and technological advancements. The country's vast population and growing middle class present a signif
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hey , it's me aakash sanwaniya... I have an idea Powering the Future – A Revolutionary EV Charging Network in India *Transforming India’s EV Infrastructure with Smart, Convenient Charging **Problem Statement – The Need for a Robust EV Charging Netw
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VinFast joins hands with RoadGrid to power up India’s EV service infrastructure Vietnam’s VinFast is moving fast — and now it’s partnering with India’s RoadGrid to build a robust EV servicing and charging ecosystem in the country. This collaboration
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Chandigarh may bring back EV incentives for four-wheelers Chandigarh is considering the reintroduction of incentives for electric four-wheelers after previously removing them in 2023. This move could boost adoption and align with the city’s net-zero
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Opportunity to invest in our Startup India's Future Ready, Affordable, Reliable and Advanced EV Charging Network Electric vehicles are on the rise—but India’s charging infrastructure is lagging. To unlock mass adoption, we need a charging network
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Idea 2: Electric Vehicle Charging Infrastructure_ _Description:_ Setting up a network of electric vehicle (EV) charging stations across cities and highways to cater to the growing demand for electric vehicles. _Why it's futuristic:_ EVs are becomin
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