Unlocking EV Adoption Through Stronger Residual Values
Unlocking EV Adoption Through Stronger Residual Values February 13, 2026 | Kaustav Sood, Marie McNamara (All authors are from RMI) India’s electric vehicle (EV) market is reaching new highs. In 2025, 2.3 million EVs were sold, accounting for 8 percent of new vehicle sales. However, to meet long-term targets, reducing the affordability gap for lower-income…