Electric Vehicle Startups. Value at completion date of spac listing: A booming electric vehicle market for india preludes an economic growth for the automotive sector as well as generates jobs in the process.
According to mordor intelligence, the indian electric vehicle market was worth $1,434.04 billion in 2021, and is expected to reach $15,397.19 billion by 2027, growing at a cagr. Fisker promises that owners can get an extra 2,000 miles of range for free each year by way of its solarsky solar panels.