By that time, nearly one in every 10 electric vehicles sold worldwide will be in India, and EV sales will cross 10 million units from just 400,000 last year, according to a report by Arthur D. Little
Tata Motors will remain the dominant player in the EV segment given that the company is first mover in the segment and has created a strong brand among the consumers, say analysts
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively