�� Rev Your Engines for Change! ��
Exciting times are rolling into India’s automotive landscape, as our electric vehicle (EV) market surges forward with unprecedented growth in 2024! ���⚡ Here’s what you need to know:
� **Phenomenal Sales Growth**:
EVs now make up 7.4% of India’s total vehicle sales! The electric two-wheelers are leading the charge, soaring with over 1 million units sold. Ola Electric is in the fast lane with a whopping 37% market share, followed closely by TVS Motor and Bajaj Auto.
� **Charging Ahead**:
Our infrastructure is leveling up with a record 25,202 public charging stations nationwide! Karnataka is leading, but Maharashtra and Uttar Pradesh aren’t far behind.
�� **Government Power Boost**:
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, launched this October, is set to supercharge our journey towards electric mobility with strategic incentives and infrastructure expansion.
� **Accelerated Segment Growth**:
From two-wheelers to electric cars and buses, every segment is charging forward with double-digit growth. Electric cars surged by 80% and electric buses by 84% this year alone!
� **Future Forward**:
With a projected CAGR of 40.7% from 2025 to 2030, India’s EV industry is on track to becoming a global leader, fueled by progressive policies, rising consumer awareness, and cutting-edge technology.
Be part of India’s electrifying journey towards a sustainable tomorrow! What are your thoughts on this EV boom? Share your insights and let’s drive the conversation forward. Like, comment, and share this post to keep the momentum going! ��
#ElectricRevolution #EVIndia
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