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flag Indian EV sales rise 15-20% YoY, led by festive demand and incentives, but urban demand stays weak.

flag Electric vehicle sales in India are rebounding after a post-GST reduction dip, driven by festive season demand and incentives like loyalty discounts and trade-in offers, with retail growth up 15-20% year-on-year. flag Small car bookings rose 30-40% due to rural demand and promotions, while compact and mid-sized SUVs remain popular. flag First-time buyers increased by 4-5%, signaling broader market momentum. flag However, urban demand remains weak, and analysts warn the small car revival may fade without new models or sustained price cuts after the festive period.

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