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The Economic Times
The Economic Times
Business

India EV penetration may cross 10% by year-end, says JSW MG Motor executive

Electric vehicles could account for more than 10% of passenger vehicle sales in India by the end of this year. This rise is aided by more model options, better driving ranges, expanding charging facilities and rising petrol and diesel prices, according to a senior JSW MG Motor India official.

"I think the ecosystem is getting set. Very soon it should be a double-digit number, if not by the end of this year," JSW MG Motor's Director for Sales, Lakshmi Ram Kumar Subbaraj, told PTI on the sidelines of the launch of a new edition of the company's Windsor EV.

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