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Top Developments That Shaped the Electric Vehicle Industry in 2023

A few states released policies in 2023 for faster adoption of EVs

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As of September 2023, EV sales in India totaled 371,214 units, indicating a year-over-year increase of 40% compared to the 264,781 units sold in the corresponding period the previous year. Although there was a minor drop in sales during the last quarter (371,340 units), EVs made their presence felt on Indian roads, accounting for 7.3% of the overall automobile sales.

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