Electric vehicles to dominate in India by 2030: Mahindra

With improvised technology and infrastructure, electric-vehicle sales should overtake gas guzzlers in India by the end of the decade, according to Mahindra & Mahindra Ltd., one of the country’s biggest automakers.

Mahindra Deputy Managing Director, Anish Shah, also said, “in three to five years’ time, we will have modern electric platforms in India and cars with internal combustion engines will start to be phased out.” To align with this, the government will have to play a significant role in developing infrastructure for EVs including the charging times and driving ranges.

For now, Mahindra is focusing on larger sports utility vehicles and pickup trucks. The company’s new Thar SUV is proving popular, with a nine-month waiting list. Due to an economic slowdown in India, Mahindra reported its first quarterly loss in nearly two decades last year.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More