Market has halved over two years as consumers opt for cheaper, fuel-driven cars
India’s move to popularise electric vehicles has skidded on policy flip-flop and consumer propensity to opt for the cheaper fossil fuel-driven variants. The size of the domestic market for electric vehicles, primarily two-wheelers, has more than halved over the past two years, forcing about half a dozen manufacturers like BSA Motors, Ultra Motors, Luminous and Eco Motors to shut shop.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/electric-vehicles-losing-their-spark
[2] http://admin.indiaenvironmentportal.org.in/category/author/chanchal-pal-chauhan
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/battery-vehicles
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrol
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/reva-electric-car-co
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-new-and-renewable-energy
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry