Top EV stocks to watch in India

Why EV Stocks Are the Future

– India is accelerating its transition to electric vehicles (EVs) to reduce carbon emissions and fuel dependency.
– The EV market is projected to grow at a CAGR of over 40% in the next decade.

Tata Motors

– EV Offerings: Nexon EV, Tigor EV.
– Why It’s Promising: Strong market presence and focus on expanding EV production.

Mahindra & Mahindra

– EV Offerings: XUV400, Treo (electric 3-wheeler).
– Why It’s Promising: Expanding portfolio and investments in EV R&D.

Greaves Cotton (Ampere EVs)

– EV Offerings: Ampere Zeal, e-scooters, and electric 3-wheelers.
– Why It’s Promising: Strong foothold in the affordable EV segment.

Exide Industries and Tata Power

Exide Industries: Expanding battery production for EVs.
Tata Power: Leading in EV charging infrastructure development.