Most Of The New Cars To Hit Indian Roads Next Fiscal May Be Electric : 438

Out of 14 new car brands set to debut in the next fiscal year, 12 will be electric, aligning with the government's target of one-third electric vehicle sales by 2030. However, concerns over affordability and infrastructure may hinder mass adoption. Industry experts anticipate a modest volume increase, with electric vehicles comprising a larger share of the market mix. Overall passenger vehicle sales are projected to grow 3-5% in FY25.