Apr 29, 2025
India's EV Penetration

⚡ India’s EV Revolution: Are We Ready? 🚗🔋
Electric Vehicles (EVs) are no longer just a trend — they're the future of mobility in India. 🚀
With EV penetration projected to hit 38% by FY28, the auto industry is on the brink of a transformational shift.
💡 Did you know?
📦 Battery components make up 80–85% of total EV battery costs.
🧪 Critical materials like cathodes are still imported from China, Japan & South Korea.
📉 To reduce import dependency and ensure long-term sustainability, India must develop a robust domestic EV supply chain.
🌱 As EV adoption surges, expect a boom in:
🔋 Battery manufacturing
🔧 Clean tech innovation
💰 Green investments
🏭 Supply chain localization
👉 Is India ready for the EV takeover?
Drop your thoughts below! ⬇️