All markets Market comparison

Compare markets side by side

Choose up to 4 markets to see their headline indicators and our verdict together. Every comparison has its own link, so you can send one to a partner or an investor.

MaldivesIndiaNepal
MarketMaldivesSouth AsiaIndiaSouth AsiaNepalSouth Asia
EVS verdictHoldConditionalGo
Headline indicator586Documented candidate indicator5,675,000All-category EV registrations11,668FY2025/26 passenger BEV imports
Indicator 2150Electric taxis276,792Recent passenger-EV service floor13,578FY2024/25 passenger BEV imports
Indicator 3142Gate jobs99,975CY2024 electric passenger cars-14.1%FY2025/26 passenger BEV change
Indicator 4131.579Base payback176,817CY2025 electric passenger cars43,289Cumulative passenger BEV import floor
SnapshotAug 2026Aug 2026Aug 2026
CurrencyMVRINRNPR
Full report50 pages23 pages33 pages
Read the reportRead the reportRead the report

Indicators are each market's own headline figures, carrying that report's definition and source — a BEV fleet count and an all-road electric stock count are not the same measurement, so they are shown as published rather than forced into a single row.

Found the market you want?

Territories are approved on contracted local demand, not on a forecast. Tell us which one you are looking at and we will walk the numbers with you.

Apply for a territory