Electric vehicle sales rev up 17%, but fall short of 2 mn milestone

This growth comes despite a challenging first quarter following the expiration of FAME subsidies, among other challenges

Despite several challenges, electric vehicle (EV) sales surged 17 per cent in 2024-25, with two-wheelers, three-wheelers and passenger vehicles leading the charge.

 

During the last financial year, India registered 1.96 million units of EV sales against 1.68 million units a year ago, according to data from the Vahan portal. However, it missed the 2-million sales mark.

 

This includes registration of 1.14 million units of e2W (electric two wheelers), up 21.1 per cent year-on-year (Y-o-Y) from 948,561 units, and 699,062 units of e3W (electric three wheelers), which saw a 10.4 per cent surge. Electric passenger vehicles, including electric cars and SUVs,