Blitz Bureau
NEW DELHI; The number of electric vehicles (EVs) registered in FY24 increased significantly by 42.06 per cent as compared to FY23, the Parliament was informed. In FY24, 16,81,127 EVs were registered on the e-Vahan portal, against 11,83,341 such vehicles in FY23, Minister of State for Heavy Industries and Steel, Bhupathi Raju Srinivasa Varma, told the Rajya Sabha.
According to the Ministry of Road Transport & Highways (MoRTH), a total of 45,74,938 electric vehicles have been registered on the e-Vahan portal (till July 29). The Government approved the production-linked incentive (PLI) scheme for the automobile and auto components industry in India (PLI-Auto) in 2021 with a budgetary outlay of Rs 25,938 crore. “As reported by the approved applicants under the scheme, investment up to 31st March, 2024, is Rs 17,896 crore and incremental sales up is Rs 3,370 crore,” the minister said.
The Government also informed that for the PLI-Auto scheme, FY25 is the first incentive disbursement year. There are 10 approved applicants with 12 manufacturing locations in Gujarat under the PLI-Auto scheme.
