India’s electric vehicles industry revenue pool expected to hit $100 billion by 2030, says report

35%–40% of all vehicles sold in India by 2030 will be EVs, up from 2% in 2022 showed a recent report by Bain & Company. Revenue Pool of India’s electric vehicles (EV) value chain is anticipated to reach around $76 billion to $100 billion by 2030, which could result in a $8 billion–$11 billion profit pool, the report from Bain & Company indicated. The Indian automotive market is poised ...
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