In Pictures: India’s EV market gaining momentum - Nikkei Asia

Quick Summary:

Ola Electric Mobility, a startup funded by companies including SoftBank Group, has secured the top position with sales exceeding 300,000 units.

Chinese manufacturers like BYD are among prominent players in the global market but their India penetration is still low, partly due to tensions between the two governments.

NEW DELHI -- In the smoggy capital city of New Delhi, there is an increasing number of green-plated cars on the roads.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceBusiness

Markets: JapanIndia

Topics: Motors Delhi India Nikkei Vehicles Electric Market Tata Cars Indian

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-13 @ 02:15:00 (4 days ago)

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Article Length: 655 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Nikkei Asia

News ID: 21601796

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