India's EV revolution gains pace with record sales
Synopsis India's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dealers reported more
Synopsis India's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dealers reported more inquiries for fuel-efficient and green vehicles following fuel price hikes. Passenger vehicles and two-wheelers saw their best-ever May sales. The outlook for June remains cautiously optimistic, supported by monsoon progress and rural demand.
The BriefWire