Yearender: EVs steer Indian auto industry in 2024, poised for further growth in 2025

India’s electric vehicle market witnessed significant growth in 2024.

According to government data, over 18 lakh EVs were sold between January and November 2024, marking a 31 percent increase over the previous year.

The electric two-wheeler segment was the primary driver of this growth, with electric scooters, motorcycles, and mopeds accounting for 60 percent of total EV sales.

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