In Short : India’s EV sales crossed 20 lakh in FY25, marking a 17% annual growth. Electric two-wheelers led the surge with over 1.14 million units sold, making up 58% of total EV sales. Three-wheelers and passenger EVs also grew steadily. Despite progress, EVs formed just 7.8% of overall vehicle sales, highlighting the need for stronger adoption efforts.
In Detail : India’s electric vehicle market witnessed a notable milestone in FY2025, with total EV sales surpassing 2 million units. This marks a 17% growth compared to the previous financial year, highlighting the country’s gradual shift toward cleaner transportation alternatives.
Electric two-wheelers emerged as the leading category, contributing to 58% of overall EV sales. With over 1.14 million units sold, this segment recorded a 21% year-on-year increase. The popularity of electric scooters and bikes among urban commuters has played a key role in driving this growth.
Electric three-wheelers also posted solid growth, with registrations climbing to nearly 700,000 units. These vehicles are widely used for short-distance passenger and goods transportation, especially in semi-urban and rural areas, further supporting EV penetration across different regions.
Electric passenger vehicles witnessed encouraging numbers as well, with more than 100,000 units registered—an 18% rise from the previous year. This uptick reflects growing consumer confidence and the increasing availability of EV options in the market.
Despite this momentum, EVs accounted for only 7.8% of total vehicle sales in FY25. This underlines the gap that remains in reaching India’s ambitious target of 30% EV penetration by 2030. Continued government support, improved infrastructure, and affordable models will be critical to accelerating adoption.
Ola Electric remained a market leader in the two-wheeler EV segment, selling over 358,000 units and capturing almost 30% market share. As the industry evolves, a combination of innovation, investment, and policy backing will determine the pace and success of India’s transition to sustainable mobility.
