‘By 2030, 30% of all vehicles sold in India to be EVs’

More than 30 per cent of the vehicles sold in India will run on electricity by 2030, but will amount to just 10 per cent adoption in the passenger vehicle segment, a report said.

According to the report ‘Unlocking India’s Electric Mobility Potential’ by management consulting firm Arthur D. Little, the EV segment will cross sales of 10 million vehicles by 2030, with an overall adoption rate of more than 30 per cent.

However, for the passenger vehicles segment, the EV adoption would likely be a mere 10 per cent in the said period, and would amount to only five per cent of total electric vehicles sales.

Fabian Sempf, the firm’s Principal & India Head of Automotive, said: “Electric mobility is the fast-approaching future of transport.