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India Charges Forward: EV Sales in India Surge 40% in FY2024

India Charges Forward: EV Sales in India Surge 40% in FY2024

EVIndia.io
July 10, 2024
India's transportation sector is shifting gears towards a greener future. Electric vehicle (EV) sales in India are witnessing a remarkable surge, with a 40% year-on-year growth recorded in Fiscal Year 2023-24 (FY2024). This significant jump in India's EV sales is driven by a confluence of factors, including rising fuel costs, government incentives, and increasing environmental awareness.
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