Home Industry NewsIndia crosses 1 mn EV sales in FY25, says Heavy Industries Minister

India crosses 1 mn EV sales in FY25, says Heavy Industries Minister

by Autobayng News Team
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ETAuto Desk

H D Kumaraswamy

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H D Kumaraswamy

New Delhi: India sold more than one million electric vehicles in 2024-25, making it one of the fastest-growing electric mobility markets globally, Union Minister for Heavy Industries and Steel H D Kumaraswamy said on Wednesday reported PTI.

“In 2024-25, India sold over one million electric vehicles, with electric two-wheelers growing 21 per cent and electric three-wheelers growing 57 per cent. India is now among the fastest-growing electric vehicle markets in the world,” Kumaraswamy said in a video message at the Auto Retail Conclave organised by the Federation of Automobile Dealers Associations (FADA).

The minister noted that the country’s automobile industry is at the cusp of a major transformation, moving from internal combustion engine-based vehicles to clean mobility, and from a domestic focus to global aspirations.

The remarks come at a time when the government is pushing to accelerate EV adoption through production-linked incentives, state-level subsidies, and plans for widespread charging infrastructure.

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