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In India, the automotive industry is experiencing a surge in demand for electric vehicles (EVs) as consumers increasingly prioritize sustainability and eco-friendly transportation options. With the government’s push towards electric mobility and initiatives such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) II scheme, EV adoption is on the rise. Major automakers like Tata Motors, Mahindra & Mahindra, and Hero Electric are ramping up their production of electric cars and two-wheelers to cater to this growing market. Additionally, startups like Ola Electric and Ather Energy are making significant strides in the EV industry with innovative offerings and technology. The shift towards EVs is not only driven by environmental concerns but also by the lower operational costs and maintenance of electric vehicles compared to traditional petrol and diesel vehicles. This transition is also supported by the increasing availability of charging infrastructure across the country. As more charging stations are being installed in urban centers and along highways, range anxiety is becoming less of a concern for potential EV buyers. The government’s focus on promoting EVs through incentives, subsidies, and favorable policies is expected to further boost the adoption of electric vehicles in India. With the automotive industry gearing up for a future dominated by EVs, the Indian market is poised for a significant transformation in the coming years.

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