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    US Electric Vehicle On board Charger Market

    ID: MRFR/AM/16408-HCR
    100 Pages
    Sejal Akre
    September 2025

    US Electric Vehicle On-Board Charger Market Research Report By Charger Type (Battery Charger, DC Fast Charger, Level 1 Charger, Level 2 Charger), By Power Rating (Low Power, Medium Power, High Power), By Voltage (AC Voltage, DC Voltage) and By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheelers, Buses) - Forecast to 2035

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    US Electric Vehicle On board Charger Market Research Report- Forecast to 2035 Infographic
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    Table of Contents

    US Electric Vehicle On board Charger Market Summary

    The US Electric Vehicle On-Board Charger market is projected to grow significantly from 608 million USD in 2024 to 4929 million USD by 2035.

    Key Market Trends & Highlights

    US Electric Vehicle On-Board Charger Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 20.95 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 4929 million USD, indicating robust growth.
    • In 2024, the market is valued at 608 million USD, reflecting the increasing demand for electric vehicle infrastructure.
    • Growing adoption of electric vehicles due to environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 608 (USD Million)
    2035 Market Size 4929 (USD Million)
    CAGR (2025-2035) 20.95%

    Major Players

    Lucid Motors, Nissan, Delta Electronics, ABB, Tesla, ChargePoint, Ford Motor Company, Proterra, Volkswagen, BMW, Chrysler, Rivian, General Motors, Siemens, Schneider Electric

    US Electric Vehicle On board Charger Market Trends

    The US Electric Vehicle On-Board Charger Market is experiencing several key market drivers that are shaping its landscape. The growing emphasis on reducing carbon emissions and promoting sustainable transportation is leading to increased government support for electric vehicles (EVs), including federal and state incentives aimed at consumers and manufacturers. This is complemented by advancements in charging technology, which are making on-board chargers more efficient and user-friendly. 

    The transition towards electric mobility is further supported by the commitment of several US automotive manufacturers to electrify their fleets, showcasing an industry-wide shift toward EV adoption.Opportunities to be explored in this market include the development of faster charging technologies and more versatile on-board chargers that can accommodate a variety of EV models. Public and private investment in charging infrastructure, particularly in urban areas and along major highways, presents significant avenues for growth. Furthermore, the trend towards smart charging solutions, which integrate with home energy systems and renewable energy sources, is increasingly appealing to eco-conscious consumers.

    Recent trends highlight a surge in consumer interest in electric vehicles, influenced by heightened awareness of climate change and the need for cleaner transportation options.

    The Biden administration's initiatives, including the goal to install a comprehensive national network of EV chargers, demonstrate a strong commitment to supporting the expansion of the EV market. Additionally, collaboration between automotive companies and technology firms is driving innovation, enhancing the capabilities of on-board chargers to meet evolving consumer demands for convenience and sustainability. As a result, the US Electric Vehicle On-Board Charger Market is poised for substantial transformation and growth in the coming years.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    US Electric Vehicle On board Charger Market Drivers

    Market Segment Insights

    US Electric Vehicle On-Board Charger Market Segment Insights:

    US Electric Vehicle On-Board Charger Market Segment Insights:

    Electric Vehicle On-Board Charger Market Charger Type Insights

    Electric Vehicle On-Board Charger Market Charger Type Insights

    The Charger Type segment of the US Electric Vehicle On-Board Charger Market is rapidly evolving as electric vehicle adoption accelerates across the nation. This segment is crucial for facilitating the charging of electric vehicles and ensuring the sustainability and efficiency of transport in the US. The primary types within this segment include Battery Chargers, DC Fast Chargers, Level 1 Chargers, and Level 2 Chargers, each playing a critical role in the functionality and adaptability of electric vehicles.

    Battery Chargers are essential as they are integrated within the vehicle to manage energy storage during charging, making them significant for enhancing vehicle performance and battery lifespan.DC Fast Chargers have become increasingly crucial due to their ability to deliver rapid charging, allowing users to significantly reduce downtime during long-distance travel. 

    This technology caters to the growing demand for fast and efficient charging solutions, enabling quicker turnaround times for both personal and commercial electric vehicles. Level 1 Chargers, typically utilizing standard household outlets, are seen as a convenient solution for everyday users who can charge their vehicles overnight at home, promoting the ease of ownership for electric vehicles in residential areas.Meanwhile, Level 2 Chargers are gaining traction in public charging infrastructure due to their enhanced charging speed compared to Level 1, making them suitable for commercial applications and urban environments where users may require a quick charge on-the-go. 

    The increasing number of public funding initiatives and investments in charging infrastructure across the US support the expansion of all charger types, enhancing accessibility and easing consumer concerns regarding range anxiety. Overall, the diversity within the Charger Type segment highlights the varying needs of electric vehicle owners and underscores the importance of having a robust and adaptable charging ecosystem to support the growing US Electric Vehicle On-Board Charger Market.

    Electric Vehicle On-Board Charger Market Power Rating Insights

    Electric Vehicle On-Board Charger Market Power Rating Insights

    The Power Rating segment of the US Electric Vehicle On-Board Charger Market plays a pivotal role in determining the charging efficiency and time required for electric vehicles. As the market evolves, various power levels are distinguishing themselves in functionality and application. Low Power chargers are often utilized in residential settings, offering convenience for everyday vehicles, while Medium Power chargers strike a balance suitable for both residential and commercial purposes, catering to a wider audience with varying needs.

    High Power chargers are becoming increasingly essential, particularly for fast charging stations along highways and within urban infrastructure, driving significant advancements in charging technology and user experience.

    The growth of electric vehicle adoption in the US, supported by federal and state incentives for cleaner transportation, is propelling demand across these power ratings. Moreover, the push for sustainability, coupled with innovations in battery technology, is shaping the preferences across these segments. Each power rating serves a unique aspect of the charging ecosystem, influencing the overall charging infrastructure development. Adapted to meet diverse consumer requirements, these power ratings reflect the changing landscape of the US Electric Vehicle On-Board Charger Market, enhancing energy efficiency and supporting the broader clean energy transition.

    Electric Vehicle On-Board Charger Market Voltage Insights

    Electric Vehicle On-Board Charger Market Voltage Insights

    The US Electric Vehicle On-Board Charger Market has seen substantial interest, particularly within the Voltage segment, which includes both AC Voltage and DC Voltage categories. This segment plays a crucial role in the overall charging infrastructure, enabling efficient energy transfer to electric vehicles. The rise in electric vehicle adoption in the United States is propelled by government policies promoting clean energy and sustainability, focusing on reducing carbon emissions. 

    AC Voltage chargers, which are widely used in residential settings, dominate the market due to their cost-effectiveness and ease of installation.In contrast, DC Voltage chargers are increasingly being deployed in commercial settings and public infrastructures, offering faster charging times and catering to the needs of consumers who require quick recharges during travel. The growth of charging networks supported by both segments reflects a broader trend towards electrification and advancements in battery technology.

    Overall, the Voltage segment's significance in the US Electric Vehicle On-Board Charger Market underscores the vital role of different charging methods in facilitating the transition to an electric future.

    Electric Vehicle On-Board Charger Market Vehicle Type Insights

    Electric Vehicle On-Board Charger Market Vehicle Type Insights

    The US Electric Vehicle On-Board Charger Market, particularly within the Vehicle Type segment, showcases a diverse landscape shaped by evolving consumer preferences and technological advancements. Passenger Vehicles have emerged as a prominent category, driving significant demand as they align with the growing trend of personal electric mobility, emphasizing convenience and sustainability. As the adoption of electric cars rises, innovation in charging technology is crucial for enhancing user experience. Commercial Vehicles are also gaining traction, spurred by corporations aiming to reduce their carbon footprint and operational costs.

    The integration of advanced on-board charging solutions is essential for these vehicles to efficiently manage extended usage and long-range travel. Two-Wheelers represent a rapidly growing segment, appealing to urban commuters who favor cost-effective and eco-friendly transportation options. The importance of this segment cannot be understated, as it contributes to reducing urban congestion and promoting sustainable practices.

    Meanwhile, Buses play a critical role in public transportation, particularly in major US cities, as governments push for greener solutions to decrease emissions.Collectively, these segments reflect the dynamic nature of the US Electric Vehicle On-Board Charger Market, highlighting various opportunities driven by changing regulations and consumer behavior. The market's growth is bolstered by the increasing investments in Research and Development, further enhancing the performance and capabilities of on-board charging technologies essential for the future of electric mobility.

    Get more detailed insights about US Electric Vehicle On board Charger Market Research Report- Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Electric Vehicle On-Board Charger Market has seen significant growth and innovation as the automotive industry shifts towards electrification and sustainability. Competitively, this market is characterized by advancements in technology, increasing demand for electric vehicles, and heightened consumer awareness regarding environmental issues. Various manufacturers are competing to offer efficient, reliable, and fast-charging solutions to enhance the overall user experience. 

    This rivalry is mainly driven by developing new technologies that enable faster charging times while integrating smart features that provide enhanced functionality. The competitive landscape is further complicated by the entry of new players alongside established automotive manufacturers eager to capitalize on the growing interest in electric vehicles. Companies are investing heavily in research and development to optimize their on-board charger offerings, focusing on the integration of features such as vehicle-to-grid capabilities, improved thermal management, and user-friendly interfaces. 

    Lucid Motors has emerged as a prominent player within the US Electric Vehicle On-Board Charger Market due to its commitment to innovation and performance in the electric vehicle segment. The company is known for its luxurious and high-performance electric vehicles, which have raised the bar in terms of technology and efficiency. Lucid Motors has strategically targeted a premium market segment, allowing it to establish a strong brand identity and loyalty among high-end consumers. 

    Its proprietary charging technology offers impressive charging capabilities, effectively reducing downtime and enhancing the overall convenience of EV ownership. By focusing on a seamless user experience and top-tier performance, Lucid Motors has reinforced its position within the market, attracting a dedicated customer base. Additionally, the company's investments in vertical integration, including energy solutions and charging infrastructure, provide it with a competitive advantage, enabling better control over quality and technology development.Nissan has a notable presence in the US Electric Vehicle On-Board Charger Market, primarily driven by its long-standing commitment to electric mobility with vehicles that cater to a broad audience.

    The company's flagship electric vehicle has introduced key products and services designed to enhance charging efficiency and user convenience, featuring robust on-board charging systems that support various charging levels. 

    Nissan stands out for its investments in charging infrastructure, forming collaborations and partnerships to expand the availability of charging stations across the nation. This not only strengthens its market position but also increases consumer acceptance of electric vehicles. Furthermore, Nissan’s commitment to sustainability aligns with current consumer expectations, making it a significant player in the EV landscape. By focusing on affordability and innovative technology in its electric vehicle offerings, the company has managed to maintain a competitive edge.

    Nissan’s strategic initiatives, including research partnerships and potential acquisitions aimed at enhancing its technological capabilities, underline its long-term commitment to the US Electric Vehicle On-Board Charger Market.

    Key Companies in the US Electric Vehicle On board Charger Market market include

    Industry Developments

    The US Electric Vehicle On-Board Charger Market has seen significant developments recently, particularly with major automakers enhancing their charging solutions. In October 2023, Tesla announced advancements in its on-board charger technology, aiming to increase efficiency and reduce charging times for consumers. Lucid Motors is also focusing on innovative designs for their charging systems as part of their strategy to compete in the luxury EV sector. 

    Additionally, in September 2023, Ford Motor Company revealed plans to expand its charging network, partnering with ChargePoint to enhance accessibility for its users. Meanwhile, Volkswagen and BMW are investing heavily in Research and Development to improve the integration of on-board chargers in their new electric models. Noteworthy, in August 2023, Delta Electronics acquired a smaller player specializing in fast charging technologies, which is expected to strengthen its presence in the market. 

    The growth in this sector, spurred by increased adoption of electric vehicles and consumer demand for faster charging solutions, is positively impacting companies like General Motors and Rivian, who continue to innovate in this space. As of late 2023, government initiatives promoting EV infrastructure are further bolstering market dynamics.

    Market Segmentation

    Outlook

    • Passenger Vehicles
    • Commercial Vehicles
    • Two-Wheelers
    • Buses

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 523.2(USD Million)
    MARKET SIZE 2024 608.0(USD Million)
    MARKET SIZE 2035 4929.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 20.955% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Lucid Motors, Nissan, Delta Electronics, ABB, Tesla, ChargePoint, Ford Motor Company, Proterra, Volkswagen, BMW, Chrysler, Rivian, General Motors, Siemens, Schneider Electric
    SEGMENTS COVERED Charger Type, Power Rating, Voltage, Vehicle Type
    KEY MARKET OPPORTUNITIES Increasing EV adoption rates, Government incentives for EVs, Demand for faster charging solutions, Technological advancements in charging systems, Integration with renewable energy sources
    KEY MARKET DYNAMICS growing EV adoption, government incentives, technological advancements, charging infrastructure expansion, competitive pricing pressures
    COUNTRIES COVERED US

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the US Electric Vehicle On-Board Charger Market in 2024?

    The US Electric Vehicle On-Board Charger Market is expected to be valued at 608.0 million USD in 2024.

    What is the projected market size for the US Electric Vehicle On-Board Charger Market by 2035?

    By 2035, the market is projected to reach a value of 4929.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Electric Vehicle On-Board Charger Market from 2025 to 2035?

    The expected CAGR for the market during this period is 20.955%.

    Which segment holds the largest market share in the US Electric Vehicle On-Board Charger Market?

    The DC Fast Charger segment is anticipated to hold a significant share, with an expected value of 200.0 million USD in 2024.

    Which charger type shows the highest growth potential in the US Electric Vehicle On-Board Charger Market by 2035?

    The Battery Charger type is projected to grow significantly, reaching 1022.562 million USD by 2035.

    Who are the key players in the US Electric Vehicle On-Board Charger Market?

    Major players in the market include Lucid Motors, Tesla, Ford Motor Company, and General Motors.

    What is the anticipated market size for Level 2 Chargers in the US Electric Vehicle On-Board Charger Market by 2035?

    The Level 2 Charger market is expected to reach approximately 1537.168 million USD by 2035.

    What are the emerging trends in the US Electric Vehicle On-Board Charger Market?

    Growing demand for fast charging solutions and increased government incentives are emerging trends in the market.

    What challenges might the US Electric Vehicle On-Board Charger Market face in the coming years?

    The market may face challenges such as supply chain disruptions and regulatory changes impacting production.

    What is the expected market growth rate for the Battery Charger segment from 2025 to 2035?

    The Battery Charger segment is anticipated to grow significantly, contributing to the market's overall growth during this period.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Electric Vehicle On-Board Charger Market, BY Charger Type (USD Million)
    45. Battery Charger
    46. DC Fast Charger
    47. Level 1 Charger
    48. Level 2 Charger
    49. US Electric Vehicle On-Board Charger Market, BY Power Rating (USD Million)
    50. Low Power
    51. Medium Power
    52. High Power
    53. US Electric Vehicle On-Board Charger Market, BY Voltage (USD Million)
    54. AC Voltage
    55. DC Voltage
    56. US Electric Vehicle On-Board Charger Market, BY Vehicle Type (USD Million)
    57. Passenger Vehicles
    58. Commercial Vehicles
    59. Two-Wheelers
    60. Buses
    61. Competitive Landscape
    62. Overview
    63. Competitive Analysis
    64. Market share Analysis
    65. Major Growth Strategy in the Electric Vehicle On-Board Charger Market
    66. Competitive Benchmarking
    67. Leading Players in Terms of Number of Developments in the Electric Vehicle On-Board Charger Market
    68. Key developments and growth strategies
    69. New Product Launch/Service Deployment
    70. Merger & Acquisitions
    71. Joint Ventures
    72. Major Players Financial Matrix
    73. Sales and Operating Income
    74. Major Players R&D Expenditure. 2023
    75. Company Profiles
    76. Lucid Motors
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Nissan
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. Delta Electronics
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. ABB
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. Tesla
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. ChargePoint
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Ford Motor Company
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Proterra
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. Volkswagen
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. BMW
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Chrysler
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. Rivian
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. General Motors
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. Siemens
    155. Financial Overview
    156. Products Offered
    157. Key Developments
    158. SWOT Analysis
    159. Key Strategies
    160. Schneider Electric
    161. Financial Overview
    162. Products Offered
    163. Key Developments
    164. SWOT Analysis
    165. Key Strategies
    166. References
    167. Related Reports
    168. US Electric Vehicle On-Board Charger Market SIZE ESTIMATES & FORECAST, BY CHARGER TYPE, 2019-2035 (USD Billions)
    169. US Electric Vehicle On-Board Charger Market SIZE ESTIMATES & FORECAST, BY POWER RATING, 2019-2035 (USD Billions)
    170. US Electric Vehicle On-Board Charger Market SIZE ESTIMATES & FORECAST, BY VOLTAGE, 2019-2035 (USD Billions)
    171. US Electric Vehicle On-Board Charger Market SIZE ESTIMATES & FORECAST, BY VEHICLE TYPE, 2019-2035 (USD Billions)
    172. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    173. ACQUISITION/PARTNERSHIP
    174. MARKET SYNOPSIS
    175. US ELECTRIC VEHICLE ON-BOARD CHARGER MARKET ANALYSIS BY CHARGER TYPE
    176. US ELECTRIC VEHICLE ON-BOARD CHARGER MARKET ANALYSIS BY POWER RATING
    177. US ELECTRIC VEHICLE ON-BOARD CHARGER MARKET ANALYSIS BY VOLTAGE
    178. US ELECTRIC VEHICLE ON-BOARD CHARGER MARKET ANALYSIS BY VEHICLE TYPE
    179. KEY BUYING CRITERIA OF ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
    180. RESEARCH PROCESS OF MRFR
    181. DRO ANALYSIS OF ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
    182. DRIVERS IMPACT ANALYSIS: ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
    183. RESTRAINTS IMPACT ANALYSIS: ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
    184. SUPPLY / VALUE CHAIN: ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
    185. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY CHARGER TYPE, 2025 (% SHARE)
    186. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY CHARGER TYPE, 2019 TO 2035 (USD Billions)
    187. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY POWER RATING, 2025 (% SHARE)
    188. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY POWER RATING, 2019 TO 2035 (USD Billions)
    189. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VOLTAGE, 2025 (% SHARE)
    190. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VOLTAGE, 2019 TO 2035 (USD Billions)
    191. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VEHICLE TYPE, 2025 (% SHARE)
    192. ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VEHICLE TYPE, 2019 TO 2035 (USD Billions)
    193. BENCHMARKING OF MAJOR COMPETITORS

    US Electric Vehicle On-Board Charger Market Segmentation

     

     

     

    • Electric Vehicle On-Board Charger Market By Charger Type (USD Million, 2019-2035)

      • Battery Charger
      • DC Fast Charger
      • Level 1 Charger
      • Level 2 Charger

     

    • Electric Vehicle On-Board Charger Market By Power Rating (USD Million, 2019-2035)

      • Low Power
      • Medium Power
      • High Power

     

    • Electric Vehicle On-Board Charger Market By Voltage (USD Million, 2019-2035)

      • AC Voltage
      • DC Voltage

     

    • Electric Vehicle On-Board Charger Market By Vehicle Type (USD Million, 2019-2035)

      • Passenger Vehicles
      • Commercial Vehicles
      • Two-Wheelers
      • Buses

     

     

     

     

     

     

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