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This article covers the important facts regarding Electric vehicles: Costly fuel pushes more Indians to buy EVs yet obstacles remain .
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“India’s transition is more concentrated in high-utilisation, cost-sensitive categories such as three-wheelers, suggesting that the adoption curve is likely to be non-linear, with PV and two-wheeler penetration accelerating over time as affordability improves, charging infrastructure expands, and policy support strengthens,” Nomura says.
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