Business Standard

Indian consumers concerned about residual value of EV battery: Survey

Public opinion growing in favour of EV as consumers want to save money on fuel: Deloitte


Sohini Das Mumbai
At least 53 per cent of Indian consumers would opt for a gasoline or diesel engine vehicle for their next purchase as opinion slowly turns in favour of electric vehicles (EV), said a report on Tuesday.

Around 20 per cent of Indians are open to buying a hybrid electric vehicle and only 8 per cent will go for an all-battery powered electric vehicle (BEV), said Deloitte’s 2023 Global Automotive Consumer Study.

What is encouraging is that "the needle is shifting" towards adopting EV: the last survey found 5 per cent people preferred BEVs and the one conducted in September 2022

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 17 2023 | 5:20 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to