Top 10 India-based Electric Vehicles Startups to Watch in 2021
13/07/2021 Other Services
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The automobile industry is one of the most important drivers of India’s economic growth. Recently, a large number of startups have entered the Indian electric vehicle industry. With the country on track to become the fourth-largest EV market in the world in the next 20 years, entrepreneurs are seizing the opportunity.
India’s Electric Vehicle Startups are leading the way to a Greener Future. The more powerful electric cars become, the more quickly will be gasoline-powered vehicles eliminated from the highways, which are one of the main sources of pollution.
According to recent reports, in the base case scenario, the EV market is projected to rise at a CAGR of 44 percent between 2021 and 2027, reaching 6.34 million annual sales by 2027.
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