Pricing improvement crucial for EVs to generate $100 billion by 2030, says report
Solving for pricing points is among the top caveats crucial for India’s ability to create a $100 billion market in the electric vehicles space by 2030, Bain & Co said on Wednesday, while launching a sector report in partnership with early-stage venture capital firm Blume Ventures.
The report stressed on product development in the entry- and mid-segment to promote the adoption of electric vehicles in India. This, Bain told ET, is interlinked with the unlocked potential in distribution and charging infrastructure for electric vehicles.
