Whalesbook
India has become the world leader in electric three-wheelers, capturing 57% of global sales last year. A new report highlights India's steady growth in light-duty EV sales, aiming for a 2.9% share by early 2025. Government initiatives like FAME and PM E-Drive are crucial for achieving price parity and driving mass adoption, positioning India as a key player in global zero-emission transport. India is also the second-largest electric two-wheeler market.