Follow us
World EV Day Special: Will EV sales in India hit 2 million units in FY2025?
Five months into FY2025, EV industry retails at 733,000 units are 43% of FY2024’s record 1.68 million units. If the 2- and 3-wheeler segments, which account for 94% of total sales, maintain the same momentum they have displayed in April-August 2024, the 2-million mark could be attained. A lot though depends on whether FAME III subsidy is enabled, OEMs rationalising EV prices with enhanced localisation and accelerated customer acceptance of e-mobility.
09 Sep 2024
11960 Views
Share -
Today – September 9, 2024 – is the fifth anniversary of World EV Day, the biggest electric mobility campaign of the year. It is a day which unites companies and individuals, policy makers and thought leaders, one which sees activations and announcements that help continue to propel the zero-emission movement worldwide in a time of unbridled climate change. It’s also reason to take a close look at how the EV industry is faring in India, which is one of the fastest-growing automotive markets globally.
Five months into FY2025, India EV Inc's retail sales of 732,893 units (up 19% ...
RELATED ARTICLES
Suzuki Outsells Honda in Electric Scooters in January-April
Ajit Dalvi
18 May 2026
Suzuki, the second of the three Japanese OEMs to plug into the electric two-wheeler market, has sold 2,261 e-Access scoo...
Toyota Vellfire Hybrid MPV Crosses 5,000 Sales Milestone in India
Ajit Dalvi
16 May 2026
Toyota India’s ultra-luxury hybrid MPV, whose pricing starts at Rs 1.20 crore and chauffeurs its occupants in utmost com...
Duster Brings Renault Back Into the SUV ‘game’, Outsells Triber to Become No. 1 Model in April
Ajit Dalvi
14 May 2026
With 2,359 units in April, the recently launched Duster midsize SUV outsells the Triber MPV to become Renault India’s No...
