Despite the Indian automobile industry experiencing a sharp decline in FY19, the electric vehicle market is expected to grow at a CAGR of 43.13% from 2019 to 2030
The key opportunities in adopting EVs in the shared mobility space are that the industry in the Southeast Asia region is flourishing as customers become conscious of the environmental footprint
This article explores the future of mobility through the rise of the shared mobility concept and the increasing adoption of electric vehicles
Asia is one of the most significant contributors to highlighting the importance of decarbonisation within global markets. With more than 56% of the world’s population residing in the region, Asia has the potential for significant economic growth.
Though, it is quite important for this growth to have a green foundation. This has translated to increased commitment towards achieving zero emissions or shifting to electric vehicles by 2030.