business editorial missing the electric bus

Editorial: Missing The Electric Bus

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Despite the tall talk of promoting environment-friendly electric vehicles, their penetration in the Indian market remains very poor. In the last financial year, sales of electric passenger vehicles stood at 1.10 lakh units, accounting for a minuscule 3% of the overall car sales in the country. And that is despite the buzz being created by carmakers with a rash of EV launches over the past few months. Compared to this sluggish growth, even the smaller car markets such as Thailand fare much bette