Indian Electric Car – Our Top Picks
Original Content- Business Upside
The history of electric cars in India started two decades ago. The first electric car in India was launched by Mahindra Reva Electric Vehicles Private Limited in 2001. The car was a two-seater REVA electric vehicle that was launched in Bangalore. And starting from there, the journey of electric cars in the Indian market started. In the current market, the e-car market in India is growing rapidly. In 2020, e-car sales in India witnessed a raise up to 361.78%. In the first quarter of 2021, the growth of e-car sales again raised compared to the 2020 growth. With enhancing ecosystem, it is assessed that the share of e-cars will increase to 12% of all passenger cars by FY26.
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