EV sales zoom 20% to nearly 1L units in 2024 on price cuts

Electric car sales surged by 20% in 2024, with around one lakh units sold, thanks to price cuts despite concerns over charging infrastructure and battery longevity. Tata Motors led the market, followed by JSW MG Motor. Maruti Suzuki and Hyundai plan to enter the EV market this year, anticipating further growth through new model launches.

Jan 8, 2025 - 04:30

EV sales zoom 20% to nearly 1L units in 2024 on price cuts

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Electric car sales surged by 20% in 2024, with around one lakh units sold, thanks to price cuts despite concerns over charging infrastructure and battery longevity. Tata Motors led the market, followed by JSW MG Motor. Maruti Suzuki and Hyundai plan to enter the EV market this year, anticipating further growth through new model launches.