Latest GMI Research revealed that by 2026 the revenue of EV components in the
Indian market would be USD 12,957 million

Post Date : 13-04-2020

Image Courtesy: https://www.abnewswire.com/

The latest GMI research analysis anticipated the overall revenue for EV components could touch USD 12,957 million by 2026. This analysis was done in context with the growing popularity of EV within the Indian market and the tax exemptions, rebates, and financial incentives offered by the Indian Government. The falling price of EV Components is insinuating the manufactures to go with superior quality EV components, thereby increasing the demand for the electric vehicle components in Indian Market.