India Electric Vehicles Market Will Grow at an Exponential Growth Rate of 90.7% Due to Passenger Cars During 2017 - 2025
The most common type of vehicles found on the road, the passenger cars segment is projected to gain nearly 3400 basis points between 2017 and 2025, expanding at a CAGR of 90.7% over the forecast period. The passenger cars segment is expected to create total incremental $ opportunity worth US$ 7,255,686 ('000) between 2017 and 2025. This segment is expected to dominate the India electric vehicles market, with more than 40% market revenue share in 2017. The segment is expected...
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