Electric Vehicles To Be The New Choice For Buyers In The Festive Season

The festive season is arriving, which will drive the demand for vehicles in the automotive industry. Both for commercial as well as private vehicles industry, this time of year is important as it drives more demand. Experts have given the opinion that this year will see a rise in demand for electric vehicles. The rise of the e-commerce market and the increase in consumer spending is some of the reasons why EVs will remain in demand. Further, the government is pushing to buy electric vehicles with its various schemes. This makes the buying of electric vehicles more affordable.

The recent reports in the industry have shown positive sentiments of buyers for electric vehicles. During the month of July, the demand for electric vehicles witnessed the demand of 26,127 units of electric vehicles in the market. Further, the electric vehicle market is expected to perform 15 times better than the pre-COVID years as per forecasts.