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CleanTechnica5 days ago

India Gets 7-Seat Electric SUV for … $32,900!

Key Takeaway

The introduction of affordable EVs in large, developing markets like India signals a significant, albeit potentially delayed, shift in electricity demand patterns that power developers and large consumers must anticipate.

AI Summary

  • India's introduction of a 7-seat electric SUV at $32,900 signals the growing affordability of EVs, potentially accelerating adoption in emerging markets.
  • Despite India's slow progress towards its 100% electric nation goal, widespread affordable EV adoption will significantly increase future electricity demand, impacting grid planning and generation needs.
  • Developers and large power consumers should monitor the pace of EV adoption in large economies for insights into future load growth and required grid infrastructure investments.

Topics

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Article Content

India has been somewhat disappointing in its transportation electrification. It’s a bit funny, or strange, since the country announced several years ago it was going to be the first 100% electric nation, and it is ridiculously far away from that while Norway is basically already there and China is more ... [continued] The post India Gets 7-Seat Electric SUV for … $32,900! appeared first on CleanTechnica .