"Electric vehicles yet to become an object of desire in India."
February 23, 2016
"The electric vehicle (EV) market in India is slowly evolving and developing. India saw sudden interest in electric cars from buyers, with almost a lakh of units being sold during 2011 and 2012. However, the demand for EVs has seen a declining trend since 2013.
But with three of the country's biggest carmakers – Maruti Suzuki, Tata Motors and Mahindra & Mahindra – recently signing a pact to jointly develop critical parts for an all-electric hybrid car, the country may see more takers for EVs."