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silence7@slrpnk.net to Electric Vehicles@slrpnk.netEnglish · 3 months ago

India's electric car sales set to cross 3 lakh units for first time in 2026: Report

www.economictimes.com

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India's electric car sales set to cross 3 lakh units for first time in 2026: Report

www.economictimes.com

silence7@slrpnk.net to Electric Vehicles@slrpnk.netEnglish · 3 months ago
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India's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is fueled by a growing array of models, particularly in the affordable segment, coupled with enhanced battery technology that alleviates range anxiety. Attractive ownership costs and rising fuel prices further bolster the appeal of EVs, signaling a strong transition towards mainstream adoption.
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  • threelonmusketeers@sh.itjust.worksM
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    3 months ago

    TIL

    3 lakh = 300,000

    • finalarbiter@lemmy.dbzer0.com
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      3 months ago

      300,000 what? USD, Euros?

      • VibeSurgeon@piefed.social
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        3 months ago

        Units. Probably EVs, in this case

        • finalarbiter@lemmy.dbzer0.com
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          3 months ago

          Ah, ok. So lakh is a shortening for 100,000 the way that -k would be a shortening for 1,000?

          • amelore@slrpnk.net
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            3 months ago

            Sort of, India uses lakh (10⁵) and crore (10⁷) instead of millions (10⁶). They’ll also write 10,00,00,000 instead of 100,000,000.

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