India, May 21 -- The rise in electric vehicle (EV) sales the world over has started to witness a dip, prompting many brands to press the rethink button. While the past few years witnessed meteoric rise of electric cars in particular, prompting brands like Tesla and BYD leaving behind traditional automotive companies, the path ahead may be filled with more challenges than opportunities. But what's changed and how is this change affecting the global automotive landscape?

The steady rise in EV sales in developed markets of the west as well as in China was primarily fuelled by two factors - early adopters and conducive support from governments. While many bought EVs for environmental reasons - EVs release no emissions even if the manufacturi...