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From Hype to Fundamentals:India’s EV Market Is Finally Growing Up
India’s electric vehicle market crossed 2.3 million units in 2025 — a milestone widely celebrated as proof of a revolution in motion. The number is real. But the story beneath it is more complicated, and ultimately more interesting: a market shedding its hype cycle and confronting the harder truths of manufacturing quality, supply chain resilience, after-sales infrastructure, and what it actually takes to build an EV industry that lasts. 2.3 Mn units EV sales CY2025 8% Market

Thoughts Initiative Team
Mar 198 min read
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