Government incentives to increase electric vehicle penetration in India – charging infrastructure a key factor: Moody’s

  • According to Moody’s, India has the fourth-largest car market globally, but electric vehicle penetration is currently only around 1%.
  • Moody’s has stated that government incentives are needed to drive electric vehicle penetration in India.
  • Charging infrastructure is seen as a key factor in increasing electric vehicle penetration.


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