The increase in pollution rate and the need to bring back a greener environment has made way for electric vehicles. In fact, the global electric vehicle market which was valued $118,864.5 million in 2017 is projected to hit $567,299.8 million by 2025 with a CAGR of 22.3%. Given the scope for electric vehicles, there is a significant rise in EV sales and China tops at the same.

Arun Kumar

The recent pollution debacle in India’s metro cities has been a wake-up call for the country. The alarming levels of carbon emission and subsequent poor air quality has convinced the Indian market to progress towards taking conscious precautions. And, in the race for creating a pollution-free environment, electric vehicles are leading the way.