While the number of EV registrations in India stood at 1.25 Lakh units in 2020, this number surged to 10.25 Lakh in 2022 and almost 10 Lakh in 2023 so far

Amid challenges like fire and safety incidents, lack of adequate charging infrastructure, policy revamps, among others, EV sales in the country have continued to grow since 2020

With increasing awareness about need for reduction in carbon emission, increase in options and improving charging infra, EV sales in India are expected to reach 1 Cr units annually by 2030