India’s EV Push Comes At A Hefty Cost. Expect About Rs 1 Lakh Crore In Losses By 2030

The uptake of battery-driven electric vehicles has been rising in India. EV sales have increased from 0.6% of total vehicle sales in Financial Year (FY) 2018–19 to 7% in FY 2023–24. This trend is expected to continue, as India aims…