The Czech automaker is now expecting about 18% EV penetration in India by 2030, down from 30% earlier. The infrastructure isn’t there yet, and the appetite just isn’t what the company expected. It’s not yet a high-aspiration segment. So for now, the mix will be lower than the company had hoped for.
Our EV dreams are real, but India isn’t ready yet: Škoda Volkswagen’s Jan Bureš
by Live mint | July 7, 2025 6:05 am | Indian Stocks, Market, News