In FY 2024-25, a total of 11, 49,334 electric two-wheelers (e-2W) were sold in India reflecting a 21% increase compared to 9, 48,561 units sold in FY 2023-24.

Similarly, the sales of electric three-wheelers e-3W (L5) reached 1, 59,235 units in FY 2024-25, marking a 57% growth over the 1, 01,581 units sold in the previous financial year.

Under the PM E-DRIVE scheme of the Ministry of Heavy Industries in FY 2024-25, 10, 10,101 e-2W and 1, 22,982 e-3W (L5) have been registered in VAHAN portal.

This achievement marks a significant stride towards cleaner, greener, and more sustainable mobility, aligning with India’s vision of Net Zero by 2070 and Aatmanirbhar Bharat.

India's e-mobility sector is gaining momentum, driven by government initiatives, technological advancements, and environmental concerns.

The Ministry of Heavy Industries (MHI) has notified ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' on 29.09.2024 to provide impetus to the green mobility & development of electric vehicle (EV) manufacturing ecosystem in the country. The scheme has an outlay of Rs. 10,900 crore over a period of two years upto 31.03.2026. The Electric Mobility Promotion Scheme (EMPS) 2024 implemented by MHI for the period of six months from 01.04.2024 to 30.09.2024, is subsumed in PM E-DRIVE scheme. 

Lauding this achievement, Union Minister for Heavy Industries & Steel, H. D. Kumaraswamy said, "Under the visionary leadership of Hon'ble Prime Minister Narendra Modi, India is driving the global transition to sustainable mobility. The achievement of over 1 million EVs sales is a testament to the success of MHI’s flagship schemes, including FAME, EMPS, and PM E-DRIVE. This milestone reaffirms our commitment to building a cleaner, greener, and self-reliant India."