Indian Mobility Market To Surpass $600 Billion By 2030: Google-BCG Report

Around 51% of respondents in the study, expressed concern on non-availability of EV charging infrastructure, 45% about high vehicle cost, 31% about battery life and 20 per cent on a variety of models for 4W EVs, the report said.

“As electric vehicles (EVs) gain momentum, one in three consumers is considering them for their next purchase, with distinct preferences emerging between electric four-wheelers (E4W) and electric two-wheelers (E2W). E4W buyers prioritize sophistication, advanced technology, and exclusivity. In contrast, E2W consumers focus more on practicality, comfort, and affordability,” the report said.