India is witnessing a shift in mobility trends with more and more consumers expressing interest in electrified and hybrid vehicles, as per Deloitte’s Global Automotive Consumer Study 2022.
More than a third of Indian consumers have expressed interest in electrified and hybrid vehicles, as the segment sets steam with India’s focus on environment friendly, self-manufactured and sustainable solutions post pandemic, as per the findings of the annual report.
According to the study, 59 per cent of the Indian consumers were concerned about climate change, pollution levels and gasoline/diesel vehicles emissions.
The push for green mobility in the Union Budget with focus on battery swapping and charging infrastructure has also aided the interest in green mobility, the report stated.
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“Our latest study delves deep into the changing consumer perceptions indicating a significant increase in the number of consumers, who are evaluating alternate power train options and this is likely to drive growth of EVs (especially two- and three-wheelers) in the country,” stated Deloitte India Partner and Automotive Leader Rajeev Singh.
The report has also witnessed the growth of a latent need for subscription-based models to cater to the ever-evolving needs of millennials and GenZs with its flexible ownership ability, he added.
(With inputs from PTI)
