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India EV Penetration Projected to Hit 10-12% by FY27 Driven by Fleet Expansion and New Launches
Posted inBusiness Insights

India EV Penetration Projected to Hit 10-12% by FY27 Driven by Fleet Expansion and New Launches

India's electric vehicle (EV) market is on track to achieve a penetration rate of 10-12% across all vehicle categories by Financial Year 2027, rising from the current baseline of 8.5%,…
Posted by Prasenjit Bhowmik July 24, 2026

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