What India needs to learn from Europe's rapid EV adoption - Economic Times


8/7/2022 12:00:00 AM2 years 9 months ago
by ET Bureau

Traditionalists are facing the heat. New market entrants, including brands such as Tesla, NIO, or Polestar, are starting to eat into market share. Tesla, for instance, sold almost 936,000 EVs globally in 2021.

Europe is clearly outpacing global peers in electrifying its automotive sector, with adoption pegged at 16% of all new car sales in the region by 2025. By 2030, almost half of the annual sales would … [+2398 chars]

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