In 2022, the automobile sector recorded milestone sales of 1 million units of electric vehicles (EVs), contributing close to 5% of overall automobile sales. While there is positive growth momentum in EVs, considering the slew of measures extended by the Government, there still seems to be a long road ahead.
Inadequate charging infrastructure, unavailability of raw materials, low customer preference due to the high cost of ownership of EVs, etc., are some of the hurdles which may…
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