MUMBAI: There is a need to accelerate electric vehicle (EV) sales in Mumbai and rest of the country, and also set up more charging stations to reach the 2030 sales projection, else India will fall short of 40% of its targets, said a latest analysis report on Friday.
The report was released by Climate Trends and JMK Research and showed that under the current wave of electric mobility policies, the country may only be able to reach 5 crore EV sales by 2030. "India had set a target of EV sales penetration of 30% of private cars, 70% of commercial cars, 40% of buses and 80% of two and three-wheelers by 2030. In absolute numbers, this amounts to having 8 crore electric vehicles on the road by 2030," the report stated.
