The electric vehicle (EV) megatrend is a once in a century revolution, happening right in front of us. The revolution has taken the auto sector by storm with all segments ripe for disruption.
The megatrend is one of the biggest changes India will see over the coming years. The day is not far away when most of the cars sold in India will be electric.
According to a report, India's EV market is currently valued at US$ 1 bn and is expected to reach to US$ 150 bn by 2030, implying a CAGR of 90%.
This could mean mindboggling returns for companies that are in the EV space.
To know which are the top EV stocks in India, check out our article - India’s Top EV Stocks: Generating Returns for Investors?
You can also check out the playlist on electric vehicles on Equitymaster's YouTube channel.
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In line with its vision to broaden its presence in the mobility sector, this EV stock makes a bold foray into the railways. More details inside.
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It may have taken longer than everyone wanted, but there are trillions of dollars sloshing around the EV ecosystem.
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Sep 26, 2024
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Traditional companies in the auto ecosystem could pivot to a profitable EV future.
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Explore five key stocks powering the growth of electric vehicles and data centers, essential for a sustainable and digital future.