India, March 12 -- The electric vehicle (EV) market in India is growing rapidly and this industry will restructure the automobile sector in the coming years. Pollution control, rising fuel prices and government incentive schemes are accelerating this change. Let's know 5 important things related to this industry: 1. Tremendous growth in the EV industry The share of EV passenger vehicles in India was just 0.03% in 2016. This reached 1.3% in 2023 and 2% in 2024. It is estimated that this would reach 4% by 2025 and would become one-third of passenger vehicles by 2030. The compound annual growth rate (CAGR) of 150% reflects the rapid growth of the sector. 2. Explosive growth of JSW MG Motor India JSW MG Motor India has registered significant gr...