Buying Behaviour of Consumers Towards EVs

Business World | Feb 21, 2021 at 8:04 PM
  • Electric vehicles (EVs) are becoming immensely popular.
  • EVs are recording impressive sales across the globe, and though the US, China and whole of Europe make up for a large chunk of the sales, industry leaders and experts believe that India is emerging as a promising player with a lucrative market.
  • Reports suggest that most consumers in India are considering buying an electric vehicle by the year 2022, but many also believe that it would not be until 2025 that the maximum number of new cars which will be purchased then would be electric.