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The Challenge ahead
♤ India‘s electric auto industry is really very small. The only manufacturer in India that produces EV is Mahindra REVA. There are a few makers in the two wheeler segment.
♤ The biggest challenge to the manufacturers is to convince an Indian consumer to pay a premium to go electric.
♤ On the other hand, the biggest challenge to the government will be to provide the necessary infrastructure to support EVs like charging stations that are spread across the country.