{"id":516338,"date":"2022-08-24T09:38:49","date_gmt":"2022-08-24T04:08:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516338"},"modified":"2022-08-24T10:07:15","modified_gmt":"2022-08-24T04:37:15","slug":"indian-ev-market-to-hit-annual-sales-of-17-mn-units-by-2030-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-ev-market-to-hit-annual-sales-of-17-mn-units-by-2030-report\/","title":{"rendered":"Indian EV market to hit annual sales of 17 mn units by 2030: Report"},"content":{"rendered":"<p>India&#8217;s electric vehicle market is expected to expand at a compounded annual growth rate of 49 per cent between 2021-2030, with the segment&#8217;s volumes set to cross annual sales of 17 million by 2030, a new report said on Tuesday.<\/p>\n<p>This projected growth is expected to be driven by factors such as rising fuel prices, entry of new players, advancement in EV technology, continued subsidy support from both the central and state governments as well as anticipated implementation of emission standards, India Energy Storage Alliance (IESA) said in its report.<\/p>\n<p>The EV industry in India experienced one of the quickest recoveries from the pandemic-induced slowdown in 2020, the report observed, noting that the electric two-wheeler segment,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s electric vehicle market is expected to expand at a compounded annual growth rate of 49 per cent between 2021-2030, with the segment&#8217;s volumes set to cross annual sales of 17 million by 2030, a new report said on Tuesday. This projected growth is expected to be driven by factors such as rising fuel prices, entry of new players, advancement in EV technology, continued subsidy support from both the central and state governments as well as anticipated implementation of emission standards, India Energy Storage Alliance (IESA) said in its report. The EV industry in India experienced one of the quickest [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-516338","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516338"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516338\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}