You don’t have to be in India long to appreciate just how dramatic its electric vehicle revolution is. Whether it’s electric two-wheelers or trucks, buses or bicycles, they are hard to miss. The Indian government’s include waiving registration fees on electric vehicles.
Allocated distinctive green numberplates under the national registration system, these vehicles stand out from the rest. India’s cumulative sales of electric vehicles (of all types, including cars, buses, two-wheelers and three-wheelers) by March 2024. About 1.
7 million were sold in the year to March alone. That was an 80% increase in a year. Australians import about from China.
But we largely ignore India and the potential it offers us. It would be prudent to engage with India more and avoid over-reliance on China. A fast-growing and increasingly diverse market Indian industrial giant has a roughly two-thirds share of the market for electric passenger vehicles.
It produces four models, each with multiple versions, targeting different market segments. These range from the Tiago (selling for about A$16,125) to the Nexon (A$27,400). Emerging from Delhi’s international airport, a visitor is greeted by dozens of vehicles from the four-year-old electric taxi start‐up , a local ride-hail rival to Uber.
This year, it announced plans to expand its current fleet of 6,000 vehicles to 10,000. BluSmart is already South Asia’s largest all-electric ride-hailing service. In its first international foray, BluSma.