EV sales declining globally even as Indian market witnessing growth

New Delhi [India], May 23 (ANI): The growth rate of sales of electric vehicles is slowing worldwide, as noted by Goldman Sachs, an investment management firm in its recent article.

The firm highlighted reasons of slugish growth rate in EV sales, adding that capital costs, uncertainty of elections, and a shortage of rapid-charging stations are the prominant reasons behind the contraction in the growth rate of EV sales.

Acc