Electric vehicles on Indian roads to touch 5 crore by 2030; big opportunity for EV charging players: KPMG
The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG.
A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and regulatory front despite a low penetration level of about 1 per cent currently, KPMG said in its report—Electric vehicle charging – the next big opportunity.
