India saw 120% growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400% surge in hybrid vehicles, suggests a report.

Assistance technologies like ADAS- advanced driver assistance systems rapidly expanded by 350% (year-on-year) and the adoption of connected and digital cockpit features continue to gain steady traction in passenger vehicles, surpassing 60%, according to the report.

The surge in EV adoption was driven by the introduction of new affordable models in the market.

Increased technological integrations in the vehicles

“Automotive original equipment manufacturers (OEMs) are focused on introducing electric vehicles with level 2 advanced driver assistance systems (ADAS) that include helpful features like adaptive cruise control, lane centering, and automated lane changes,” said a senior analyst.

Additionally, the use of intelligent and connected cockpits within vehicles is on the rise.

“These advancements are not only enhancing consumer safety but also promoting intelligent mobility and environmental sustainability,” said the analyst.

The remarkable growth in hybrid vehicle demand was driven by OEMs of many brands.

Over 90% of EV sales in Q2 2023 were equipped with smart connected features, and digital cockpits adorned around 15% of hybrid vehicles, the report noted.

By the end of this year, over 5% of passenger vehicles are likely to be fully electric and equipped with ADAS features.

Advanced connectivity and digital cockpit functionalities are projected to capture a 40% market share, the report noted.

(Source: IANS)

-Edited for style

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