India Achieves Over 1 Million EV Sales in FY 2024-25
ECONOMY & POLICY

India Achieves Over 1 Million EV Sales in FY 2024-25

The Ministry of Heavy Industries (MHI) has successfully recorded the sale of over 1 million electric vehicles (EVs) in the financial year 2024-25, marking a significant step toward sustainable and green mobility. This milestone aligns with Prime Minister Narendra Modi’s vision of achieving Net Zero by 2070 and promoting Aatmanirbhar Bharat. 

Surging EV adoption in India 
India’s electric mobility sector is witnessing rapid growth, driven by government policies, technological advancements, and increasing environmental awareness. The latest figures highlight this momentum: 
  • Electric Two-Wheelers (e-2W): 11,49,334 units sold in FY 2024-25, a 21% increase from 9,48,561 units in the previous year. 
  • Electric Three-Wheelers (e-3W L5): 1,59,235 units sold, marking a 57% growth from 1,01,581 units in FY 2023-24. 
Government’s push 
To further accelerate EV adoption, the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme was launched on September 29, 2024, with a Rs 109 billion outlay for two years (until March 31, 2026). This scheme replaces the Electric Mobility Promotion Scheme (EMPS) 2024 and focuses on strengthening India's EV manufacturing ecosystem. 

Under PM E-DRIVE in FY 2024-25: 
  • 10,10,101 e-2Ws and 1,22,982 e-3Ws (L5) were registered on the VAHAN portal. 
  • Overall, more than 1 million EVs were sold this fiscal year. 
Minister's statement on the achievement 
Union Minister for Heavy Industries & Steel, Shri H.D. Kumaraswamy, praised this milestone, stating: 
"Under the visionary leadership of Prime Minister Shri Narendra Modi, India is leading the global shift towards sustainable mobility. The achievement of over 1 million EV sales reflects the success of key government initiatives like FAME, EMPS, and PM E-DRIVE. This reaffirms our commitment to a cleaner, greener, and self-reliant India." 

Impact on environment and economy 
The adoption of EVs under PM E-DRIVE has led to: 

  • Daily fuel savings: 8,55,723 litres 
  • Total fuel saved: 15,77,33,334 litres 
  • Daily CO? reduction: 12,48,100 kg 
  • Total CO? reduction: 23,01,73,978 kg 
Beyond environmental benefits, the initiative is boosting investments, strengthening the EV supply chain, and creating jobs in manufacturing and charging infrastructure. 

PLI auto scheme 
The Production Linked Incentive (PLI) Auto Scheme is playing a vital role in advancing sustainable manufacturing. Under this initiative, 18 Original Equipment Manufacturers (OEMs) have applied, driving India’s transition toward an electric and self-reliant automotive industry. 

With these government-backed initiatives, India is poised to become a global leader in EV adoption, reinforcing its commitment to a clean, green, and sustainable future. 

(PIB) 

The Ministry of Heavy Industries (MHI) has successfully recorded the sale of over 1 million electric vehicles (EVs) in the financial year 2024-25, marking a significant step toward sustainable and green mobility. This milestone aligns with Prime Minister Narendra Modi’s vision of achieving Net Zero by 2070 and promoting Aatmanirbhar Bharat. Surging EV adoption in India India’s electric mobility sector is witnessing rapid growth, driven by government policies, technological advancements, and increasing environmental awareness. The latest figures highlight this momentum: Electric Two-Wheelers (e-2W): 11,49,334 units sold in FY 2024-25, a 21% increase from 9,48,561 units in the previous year. Electric Three-Wheelers (e-3W L5): 1,59,235 units sold, marking a 57% growth from 1,01,581 units in FY 2023-24. Government’s push To further accelerate EV adoption, the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme was launched on September 29, 2024, with a Rs 109 billion outlay for two years (until March 31, 2026). This scheme replaces the Electric Mobility Promotion Scheme (EMPS) 2024 and focuses on strengthening India's EV manufacturing ecosystem. Under PM E-DRIVE in FY 2024-25: 10,10,101 e-2Ws and 1,22,982 e-3Ws (L5) were registered on the VAHAN portal. Overall, more than 1 million EVs were sold this fiscal year. Minister's statement on the achievement Union Minister for Heavy Industries & Steel, Shri H.D. Kumaraswamy, praised this milestone, stating: Under the visionary leadership of Prime Minister Shri Narendra Modi, India is leading the global shift towards sustainable mobility. The achievement of over 1 million EV sales reflects the success of key government initiatives like FAME, EMPS, and PM E-DRIVE. This reaffirms our commitment to a cleaner, greener, and self-reliant India. Impact on environment and economy The adoption of EVs under PM E-DRIVE has led to: Daily fuel savings: 8,55,723 litres Total fuel saved: 15,77,33,334 litres Daily CO? reduction: 12,48,100 kg Total CO? reduction: 23,01,73,978 kg Beyond environmental benefits, the initiative is boosting investments, strengthening the EV supply chain, and creating jobs in manufacturing and charging infrastructure. PLI auto scheme The Production Linked Incentive (PLI) Auto Scheme is playing a vital role in advancing sustainable manufacturing. Under this initiative, 18 Original Equipment Manufacturers (OEMs) have applied, driving India’s transition toward an electric and self-reliant automotive industry. With these government-backed initiatives, India is poised to become a global leader in EV adoption, reinforcing its commitment to a clean, green, and sustainable future. (PIB) 

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Next Story
Infrastructure Urban

Driving Infrastructure Forward with Trustworthy AI

At its Year in Infrastructure 2025 conference in Amsterdam, Bentley Systems reaffirmed its vision for trustworthy AI and connected digital ecosystems shaping the future of infrastructure engineering. The company unveiled AI-powered design applications and Bentley Infrastructure Cloud Connect, a unifying platform connecting data, workflows and professionals across the project lifecycle.“AI is poised to transform infrastructure,” said Nicholas Cumins, CEO, Bentley Systems. “At Bentley, our vision is for AI to empower engineers – not replace them. Trustworthy AI, built on infrastruct..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?