Primus Reports
Balancing EV Growth with Fossil Fuel Dependency In India
24-Jun-2024
Sameer Jain, Managing Director, Primus Partners, shares his view on India's transition towards a green energy mix, highlighting increased energy demand and supply. He emphasizes rising per capita energy consumption, improved electricity access, and forecasts India's electric vehicle (EV) industry to grow to USD 266 billion by 2030 with a 131% sales surge from January to July 2023. He points out the enhancing thermal power plant efficiencies and integrating renewables like solar and wind to create a sustainable energy future despite challenges like diesel-dependent EV charging stations. Read Now!
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