Carmakers in India plan EV onslaught in 2025 despite slowing global demand
new electric car models this year, many in the premium market, with longer driving ranges and faster charging times, to attract buyers as demand for EVs slows down globally.
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Electric cars will take centre stage at India's five-day auto show in New Delhi starting Friday with models from new Vietnamese entrant Vinfast shown alongside domestic brands Maruti Suzuki and Mahindra & Mahindra as well as global rivals BYD, Toyota and Hyundai.
India's EV market leaders Tata Motors and JSW-MG Motor, part-owned by China's SAIC Motor, will showcase an expanded line-up in the world's third-largest car market where tighter emission norms starting from 2027 are forcing a move to cleaner cars.
India's EV market is small, with electric models making up about 2.5% of the 4.3 million cars sold in 2024 as high prices and a patchy charging network hold back buyers.
The government wants to grow this to 30% by 2030.
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