Beyond Subsidies: Are Electric Vehicles Economically Self-Sustaining in India? A Secondary-Data-Based Assessment of India's Electric Vehicle Ecosystem, 2020–2026
The EV market in India is growing rapidly since 2020, and in 2024, the share of EVs in the total auto sales is nearing 8 per cent, with sales surpassing two million per year. This growth has been accompanied by a robust ecosystem of central and state support measures such as the Faster Adoption and Manufacturing of Ele...