India Could Hit 22 Million EV Sales by 2035 as Penetration Crosses 50 Percent, But Raw Materials Will Decide the Outcome: KPMG
India’s electric vehicle journey could reach a major turning point over the next decade. A new KPMG India report projects that EV sales in the country could climb to about 22 million units by 2035, with EV penetration crossing 50 percent across most vehicle segments. The report links this growth to improving demand conditions, stronger … Read more