Electric vehicle registrations rise 17 per cent in FY25: SIAM

Electric vehicle registrations in India surged by 17% to 1.97 million units in FY25, fueled by government initiatives and new model introductions. Electric passenger vehicle registrations surpassed 1 lakh units, marking an 18% increase.

Recent policy interventions from the government, including the Electric Mobility Promotion Scheme (EMPS) from April 1, 2024, to September 30, 2024, followed by the PM E-DRIVE and PM-eBus Sewa schemes, coupled with EV launches by several manufacturers have provided the necessary momentum for the adoption of electric vehicles in the country, SIAM said.
- Published On Apr 15, 2025 at 07:27 PM IST
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