EVs are a transformative force in fight against climate change: Experts

As per Fortune Business Insights, the Indian EV market is projected to grow from $23.38 billion in 2024 to $117.78 billion by 2032, exhibiting a CAGR of 22.4 per cent during the forecast period

Electric Vehicles (EVs) are a transformative force in the fight against climate change. By significantly reducing greenhouse gas emissions compared to traditional combustion engines, EVs play a critical role in mitigating global warming, experts said.

World Environment Day is observed every year on June 5 in an effort to encourage awareness and action for the protection of the environment.

According to Manjula Girish, Business Head-EV Charging & Photovoltaic Inverter Division, Delta Electronics India, the day serves as a critical platform for the EV industry to showcase its commitment to a sustainable future.

“As the mission of the EV industry synchronises with the mission of World Environment Day, attributing to sustainability, emission reduction and climate change. It’s a day to celebrate the progress we have made in electrifying transportation,” Girish said.

As per Fortune Business Insights, the Indian EV market is projected to grow from $23.38 billion in 2024 to $117.78 billion by 2032, exhibiting a CAGR of 22.4 per cent during the forecast period.

For the EV industry, it’s a chance to showcase the transformative power of electric mobility, said Akash Gupta, Co-Founder and CEO of Zypp Electric, adding that “we can raise awareness about the environmental benefits of EVs such as reduced emissions, cleaner air, and quieter cities.”

According to experts, EVs produce zero tailpipe emissions, drastically reducing air pollutants compared to traditional internal combustion engine vehicles.