India projected to have 123 million EVs on roads by 2032: Report

India is set to see a notable surge in electric vehicles (EVs), with an estimated 123 million EVs projected to be on the roads by 2032, a report showed on Tuesday. Adopting EVs is vital for India to achieve 30% EV penetration by 2030 and net zero emissions by 2070, says a report by IESA and CES.