Blitz Bureau
NEW DELHI: India has been making significant progress in the transition to green energy and electrification as the nation has a total of 56.75 lakh registered electric vehicles (EVs) till February this year, according to Government data. In FY25, electric two-wheeler (e-2W) sales hit 11.49 lakh units, up 21 per cent from the previous year’s 9.48 lakh, the data showed.
These figures signal a rapidly accelerating shift towards cleaner, more sustainable mobility on Indian roads as the government has set a vision of 30 per cent EV penetration by 2030 in alignment with the global EV30@30 initiative. Flagship initiatives like Faster Adoption and Manufacturing of Hybrid and Electric Vehicles II (FAME II), PM E-Drive, Production Linked Incentive (PLI) schemes, and PM e-Bus Sewa are steering investment, localisation, and large-scale EV adoption in the country.
Building on the momentum of the previous phase, FAME-II shifted gears, injecting bold investments for the transition to electric mobility, supporting 16,29,600 units of EV, including two-wheelers, 3-wheelers, 4-wheelers, and e-Buses. Launched in April 2019, FAME India Phase-II came with a budget of Rs 11,500 crore.
To back the EV adoption, the Ministry of Heavy Industries approved Rs 800 crore in March 2023 for three oil companies — Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation — to set up 7,432 public charging stations at their fuel outlets across India.
