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Electric Vehicle Push Meets Production Hurdles
- Government initiatives aim to boost electric vehicle (EV) adoption in India.
- However, a potential roadblock emerges: high demand outpacing production capacity.
- Xiaomi, a major new entrant in the EV market, faces a waitlist of up to seven months for its recently launched SU7 electric sedan.
- This waitlist signifies strong consumer interest in EVs, exceeding initial production estimates.
- The situation highlights the need for increased production capacity from established and new EV manufacturers to meet growing demand.
- Addressing this gap will be crucial for India's electric mobility goals.
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