
2 months ago
2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo
Live MintNew Delhi: Automakers have thrown the gauntlet: 2025 will be the year of electric vehicles. The company is setting up a dedicated production line at its Gujarat plant to make EVs, said Hisashi Takeuchi, managing director of Maruti Suzuki India. Tata Motors Ltd. and Hyundai Motor India Ltd have projected the Indian car market reaching 15-20% EV penetration by 2030. “EVs will take away the handicaps of emission norms for India," said Chandra, explaining that exports to the developed markets so far suffered as these markets had more stringent emission norms. “We will export not only ICE but EVs also we will export," said Unsoo Kim, managing director of Hyundai Motor India.
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