India aims for 30 percent of all vehicle sales to be electric by 2030: Care Edge Ratings

The demand for vehicles powered by traditional fuels is shifting towards alternative fuels, with petrol vehicle sales declining from 86% in 2020 to 76% in 2023. Alternative fuel-driven vehicles saw a 400% growth in CY 2023 compared to CY 2020. EVs offer the lowest lifetime cost, followed by CNG. India aims for 30% of vehicle sales to be electric by 2030.

from Auto-Industry-Economic Times https://ift.tt/bCorw3h