Archive · 4 Aug 2025
India Considers Measures to Boost Electric Vehicle Adoption
The government is thinking about not making electric cars follow the rule that says cars have to be taken off the road after 15 years, to encourage more people to buy them.
They are also going to make rules about how fuel-efficient trucks and buses need to be.
Officials discussed these ideas because not enough people are buying electric vehicles.
The government is also talking to banks to make it easier for people to get loans for EVs.
This is all to help more people switch to electric cars.
Government may exempt EVs from the 15-year 'end of life' regulation.
The Power Ministry plans to extend Corporate Average Fuel Economy norms to urban freight vehicles.
These measures were discussed in a meeting chaired by NITI Aayog member Rajiv Gauba.
EV adoption in India reached 7.8% in 2024, below the 30% target by 2030.
The Finance Ministry discussed with banks to address financing reluctance and higher interest rates.
- Who
- The government, including the Power Ministry, NITI Aayog, and Finance Ministry.
- What
- The government is considering measures to boost electric vehicle adoption, including exempting them from the 15-year EOL regulation.
- When
- The measures were discussed in meetings and are being considered now.
- Where
- India
- Why
- To boost EV adoption and meet the government's target of 30% by 2030.
- EV Adoption Rate (2024)
- 7.8%
- Government Target
- 30% by 2030
- Meeting Chair
- NITI Aayog member Rajiv Gauba
- Focus of the Power Ministry
- Extending CAFE norms to urban freight vehicles
- Discussion
- Banks' reluctance to finance EVs
- Finance Ministry Action
- Held talks with banks
- EV registrations (Jan-July 2026)
- 12,87,327
