The EV Journey Through Rural Lens

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SUMMARY

Recent reports indicate that Tier II cities in India are emerging as critical markets for electric two-wheelers

In FY 2023, Tier II and III cities accounted for 49% of electric four-wheeler registrations, which increased to 58% in FY 2024

In Tier II and Tier III , customers highlighted lack of charging infrastructure as one major challenge

Increasing electric vehicle (EV) penetration in India, particularly in Tier II and Tier III cities, reflects a significant shift in the country’s mobility landscape. As urban…



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The EV Journey Through Rural Lens


SUMMARY

Recent reports indicate that Tier II cities in India are emerging as critical markets for electric two-wheelers

In FY 2023, Tier II and III cities accounted for 49% of electric four-wheeler registrations, which increased to 58% in FY 2024

In Tier II and Tier III , customers highlighted lack of charging infrastructure as one major challenge

Increasing electric vehicle (EV) penetration in India, particularly in Tier II and Tier III cities, reflects a significant shift in the country’s mobility landscape. As urban…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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