India's electric vehicle sales double in 2023
ECONOMY & POLICY

India's electric vehicle sales double in 2023

In a remarkable surge towards sustainable transportation, India witnessed a substantial doubling of electric vehicle (EV) sales in 2023. According to recent data, the country recorded a staggering 96,000 units sold, signifying a pivotal shift towards greener mobility solutions. This surge underscores India's commitment to combating environmental challenges and embracing cleaner energy alternatives.

The automotive industry, propelled by advancements in technology and supportive government policies, has witnessed a paradigm shift towards electric vehicles. Electric two-wheelers emerged as the frontrunners in this transformative journey, experiencing a remarkable surge of 13% in sales. This surge can be attributed to several factors, including increased awareness about environmental sustainability, government incentives, and the growing availability of charging infrastructure.

India's push towards electric mobility aligns with its ambitious goals of reducing carbon emissions and promoting renewable energy adoption. With the transportation sector being a significant contributor to air pollution and carbon emissions, the transition to electric vehicles holds immense promise in mitigating environmental degradation and improving air quality.

Key players in the automotive industry have been actively investing in research and development to enhance the performance and affordability of electric vehicles. This concerted effort has resulted in the introduction of technologically advanced EV models, offering consumers a compelling alternative to traditional internal combustion engine vehicles.

Furthermore, government initiatives such as subsidies, tax incentives, and infrastructure development projects have played a pivotal role in accelerating the adoption of electric vehicles across the country. These measures aim to address barriers such as high upfront costs and limited charging infrastructure, making electric vehicles more accessible and appealing to consumers.

The surge in EV sales in 2023 is not only a testament to India's commitment to sustainability but also a significant milestone in the global transition towards clean energy transportation. As the nation continues to embrace electric mobility, it sets a precedent for other countries to follow suit in the pursuit of a greener and more sustainable future.

In a remarkable surge towards sustainable transportation, India witnessed a substantial doubling of electric vehicle (EV) sales in 2023. According to recent data, the country recorded a staggering 96,000 units sold, signifying a pivotal shift towards greener mobility solutions. This surge underscores India's commitment to combating environmental challenges and embracing cleaner energy alternatives. The automotive industry, propelled by advancements in technology and supportive government policies, has witnessed a paradigm shift towards electric vehicles. Electric two-wheelers emerged as the frontrunners in this transformative journey, experiencing a remarkable surge of 13% in sales. This surge can be attributed to several factors, including increased awareness about environmental sustainability, government incentives, and the growing availability of charging infrastructure. India's push towards electric mobility aligns with its ambitious goals of reducing carbon emissions and promoting renewable energy adoption. With the transportation sector being a significant contributor to air pollution and carbon emissions, the transition to electric vehicles holds immense promise in mitigating environmental degradation and improving air quality. Key players in the automotive industry have been actively investing in research and development to enhance the performance and affordability of electric vehicles. This concerted effort has resulted in the introduction of technologically advanced EV models, offering consumers a compelling alternative to traditional internal combustion engine vehicles. Furthermore, government initiatives such as subsidies, tax incentives, and infrastructure development projects have played a pivotal role in accelerating the adoption of electric vehicles across the country. These measures aim to address barriers such as high upfront costs and limited charging infrastructure, making electric vehicles more accessible and appealing to consumers. The surge in EV sales in 2023 is not only a testament to India's commitment to sustainability but also a significant milestone in the global transition towards clean energy transportation. As the nation continues to embrace electric mobility, it sets a precedent for other countries to follow suit in the pursuit of a greener and more sustainable future.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?