EV Sales Dip: A Bumpy Ride Ahead

Electric vehicle (EV) sales in India fell by 14% in June 2024, totaling 106,081 units. This decline, from May's 123,907 units, signals potential challenges in the EV market. Factors contributing to the drop include fluctuating government incentives and high battery costs. Despite this setback, industry experts remain hopeful about long-term growth, citing increasing environmental awareness and advancements in EV technology.

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