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India's EV market surges, projected to hit $96.1 billion by 2031, facing challenges like infrastructure.
India's electric vehicle (EV) market is booming, projected to reach $96.1 billion by 2031, driven by environmental concerns, government incentives, and technological advancements.
Electric two-wheelers dominate, with Maharashtra, Tamil Nadu, and Gujarat leading adoption.
Key challenges include charging time and infrastructure, with the government aiming to boost EV sales to 30% by 2030 through subsidies and improved battery technology.
Established brands like Bajaj and TVS are outpacing newer entrants like Ola Electric due to better reliability and service.
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Los aumentos del mercado de vehículos eléctricos de la India, proyectados para alcanzar los 96.100 millones de dólares para 2031, enfrentan desafíos como la infraestructura.