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India’s EV Sales Account For 7.44% Of Total Vehicle Sales- Upward Sales Trend Continues

Similarly, under PM E-DRIVE scheme, an allocation of Rs. 2,000 crore has been made for setting up electric vehicle public charging infrastructure," - Details Below

A recent report has showcased that the sales for EV vehicles in India accounted for 7.44 % of total vehicle sales number of 19.5 lakh electric vehicles. The new sales trend showcases a new upward trend that the government as well as the Industry wants to continue for a prolonged period. 

In a written reply to a question raised in Lok Sabha, Minister Bupathiraju Srinivasa who heads the Minister of heavy Industries  informed that out of 2,62,07,453 vehicles registered on the E-Vahan portal of the Ministry of Road and transport and Highways in the calendar year 2024,- 19,50,490 were electric vehicles. 

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The major upwards trends in the EV sales has been witnessed from 2014-15, as per the E-Vahan portal. 

Further, The minister iterated that the Centre has been consistently supporting setting up of charging infrastructure in the country. 

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Fame -II Scheme

“Under the FAME-II scheme, an allocation of Rs.839 crore was made for setting up of electric vehicle public charging stations (EVPCS). Similarly, under PM E-DRIVE scheme, an allocation of Rs. 2,000 crore has been made for setting up electric vehicle public charging infrastructure,” he said

The ministry of Power (MOP) had issued “ Guidelines for the installation and operation of Electric Vehicle Charging Infrastructure-2024  the guidelines outline the standards and protocols for setting up of EV charging Infrastructure network in the country.  

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Further , MoP has also issued “ Guidelines for Installation and Operation of Battery Swapping and Charging Stations “On 10 January 2025, With an aim to facilitate robust EV charging infrastructure in the country.

Also Read: Hyundai To Increase Prices Across All Variants Starting April 1 – Fourth Automaker In Just Four Days to Announce Price Hikes!

HISTORY

Written By

Shriyansh Garg


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

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