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The automotive industry in India witnessed a significant growth in electric vehicle (EV) sales during the last quarter. According to recent data, EV sales surged by 150% compared to the same period last year. This boost in sales can be attributed to the increasing awareness of environmental issues and the government’s push towards electric mobility. Several factors have contributed to this growth, including the availability of a wider range of EV models, improved charging infrastructure, and government incentives such as subsidies and tax benefits. Major automakers in India have also been focusing on expanding their EV portfolios to cater to the growing demand. Industry experts predict that the trend of increasing EV sales is likely to continue in the coming years as more consumers make the switch to electric vehicles. With the government’s ambitious target of having 30% of all vehicles on the road electric by 2030, the automotive industry is gearing up for a significant transformation. This shift towards electric mobility not only benefits the environment by reducing carbon emissions but also presents a lucrative opportunity for automakers to innovate and capture a larger market share. As the EV market in India continues to evolve, stakeholders are optimistic about the future of electric vehicles in the country.

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