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EV gameplan: Strategic tie-ups, fund raising, the way forward | Autocar Professional

Baua Electric

Klaus Zellmer, the global CEO of Skoda Auto, has visited India thrice in the past 18 months. For the global head of an international automaker to devote so much time to one market may seem unusual, but for the Czech brand — that has been around in India for 20 years — the stakes in this country have never been higher. billion in 2021.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets.