Not all easy riding on EV subsidies

The electric vehicle (EV) market in India is not solely benefiting from government subsidies, as there are various challenges impacting the sector. Despite the incentives provided, issues such as high initial costs, infrastructure gaps, and limited consumer awareness continue to pose hurdles. The effectiveness of subsidies in driving widespread adoption of EVs is being scrutinized, and there are calls for more comprehensive policies to address these challenges. The ongoing analysis of the EV market highlights the need for balanced support measures that consider both consumer incentives and systemic improvements to foster sustainable growth in the sector.