View: India’s EV revolution is driven from the bottom up

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Key Points

E-rickshaws took a 54% share of Indias three-wheeler market last year, driven by zippy, longer-range models and running costs that are a fraction of petroleum-powered alternatives..

Heros main domestic two-wheeler rival TVS Motor Co. plans to offer models this year in every segment of the market, from premium to basic, and will expand its dealership network from 400 cities to 800 over the three months through March...

The biggest polluters by far on Indias roads arent two- or three-wheelers but trucks, which consume nearly half of all gasoline and diesel..

Current e-trucks work out cheaper than diesel models once youve been operating them for five to seven years, Ashok Leyland Ltd. managing director Shenu Agarwal told investors Feb. 6..

In the US and Europe, the shift to electric vehicles was a top-down affair, best exemplified by Elon Musks 2006 promise to start by building an electric sports car and then use the profits to make progressively more affordable mass-market vehicles..

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