EV Sales Surge in India: 7.7% Market Share

  Published 8 months ago

India’s EV market hit 7.7% of new vehicle sales in 2024, driven by policy push, investment, and rising demand.

  • EV sales jumped 27% YoY in 2024 to 2.03 million units, led by two-wheelers with a 59% share.
  • Over 6.5 million EVs now run on Indian roads, reflecting rapid growth from just 0.5% market share in 2018.
  • Delhi, Maharashtra, and Chandigarh top the new India Electric Mobility Index by NITI Aayog.

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