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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM50530

Predictive Analysis of Growth of Electric Vehicle (EV) Market in India

Stream/Area:

-

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Paper ID:

IJSREM50530

Volume:

9 |

6 |

Jun 2025

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/ijsrem50530

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Anurag Pulastya

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Abstract

India is at a key point in its shift to sustainable transportation, with electric vehicles (EVs) being a crucial solution to lower carbon emissions and reduce reliance on fossil fuels. This study performs a predictive analysis of the growth of India’s EV market by looking at consumer views, government incentives, and the readiness of infrastructure using both primary and secondary data. An organized online survey was carried out with 41 digitally engaged consumers, and sales data from 2020 to 2024 was analyzed to predict future market trends. Descriptive statistics and regression analysis showed that fast-charging infrastructure and the driving experience of users greatly affect the intention to buy EVs. Predictions indicate that India’s EV sales could hit 3 million units by 2026. This research offers practical insights for stakeholders to adapt to India’s rapidly changing EV market.

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Cite This Article

Anurag Pulastya, "Predictive Analysis of Growth of Electric Vehicle (EV) Market in India," International Journal of Scientific Research in Engineering and Management, vol. 9, no. 6, Jun 2025. https://doi.org/10.55041/ijsrem50530

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Publication Date

6/14/2025

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Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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