India’s electric mopeds and rickshaw taxis are showing an affordable electric vehicle industry is possible, paving the way for other developing nations, The New York Times reported.
India’s three-wheeled electric vehicles (EVs) are available to buy for as little as $1,000, falling within the median income of $2,400, the report said. India sold 430,000 EVs in the 12 months leading up to March, it said, three times the amount from a year earlier.
Read the full report: The New York Times.
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