BS EDIT: Powering the EV Transition

Fuel crisis sharpens urgency

ing fuel prices are reinforcing the need to accelerate India’s EV transition

Passenger EV adoption remains slow

Electric cars continue to lag despite strong growth in two- and three-wheelers

Charging infrastructure gap persists

India’s charger-to-EV ratio remains far below global benchmarks

High costs remain a barrier

Battery costs and import dependence continue to keep EV prices elevated

Consumers remain hesitant

Concerns over charging, battery life, resale value, and servicing limit adoption

India needs a coordinated push

Faster charging rollout and domestic battery manufacturing are key to EV growth