Archive · 5 Aug 2026

India's EV sales likely to grow 55% annually through 2034

India's EV sales likely to grow 55% annually through 2034

India is switching to vehicles that run on electricity instead of petrol, called electric vehicles, or EVs.

A few years ago, very few people in India bought EVs.

Now, many more people are buying them — sales grew from about 50,000 in 2016 to 2.3 million in 2025.

India's growth has been faster than the rest of the world's.

The government says the EV market will keep growing and be worth a huge amount of money by 2034.

India wants 30 out of every 100 vehicles sold to be electric by 2030.

To help with that, the country plans to build a very large number of charging stations where EVs can recharge.

Much of the growth comes from electric scooters and three-wheelers.

India is also starting to sell its EVs to other countries like Nepal, Indonesia, and Japan.

Sources