Electric vehicle share grew from 0.08% in 2015 to over 8% in 2025.
India’s electric vehicle market value was about 3.71 billion U.S. dollars in 2025, projected to reach 191 billion U.S. dollars by 2034.
The government’s Prime Minister’s Electric Drive Revolution Scheme provides billions of Indian rupees to support vehicle production and charging infrastructure.
More than 400 electric vehicle startups are innovating in batteries and charging technology.
Electric vehicle sales have increased dramatically, reaching 2.3 million units in 2025, driven largely by two‑wheelers and three‑wheelers.
The country now has over 52,000 public charging stations, including more than 16,000 fast‑charging points, reducing range anxiety for users.
Future goals include electric vehicles making up 30% of all sales by 2030 and expanding the domestic manufacturing ecosystem to create jobs and boost exports.
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