India’s Electric Vehicle (EV) Boom: Is the Market Ready for 2025 and Beyond
India’s electric vehicle revolution is gathering serious momentum. With more than 2.08 million EVs on the road by 2024, accounting for nearly 10% of the global EV stock, the country’s transformation from fossil fuels to electrified mobility is well underway (NITI AAYOG). But as with any rapid shift, challenges—from infrastructure gaps to market dynamics—threaten to…