India overtakes the US! EV sales hit record high, electric car market reaches new peak
मुख्य बातें
- •In the first half of 2024, India surpassed the US in EV sales, cementing its position as a major player in the global EV market.
- •Demand for EVs has surged due to the ‘FAME India’ scheme and state policies, which have also spurred the expansion of charging infrastructure.
- •Sales of two- and three-wheeler EVs have risen significantly, benefiting both the environment and consumers.
- •The government aims for 30 per cent of all vehicles sold in India to be electric by 2030, and has made significant progress toward this goal.
- •Technological innovation, government support, and growing public awareness have all played a vital role in this achievement.
In the first half of 2024, India achieved a major milestone by overtaking the United States in electric vehicle (EV) sales, marking a significant step forward in the country’s clean energy and sustainable transport journey. Recent data reveals an unprecedented surge in EV sales across India, positioning the nation as a key player in the global EV market.
The rapid rise in EV demand can be attributed to various schemes and subsidies launched by the Indian government. Subsidies under the ‘FAME India’ scheme and state-level policies have made EV purchases far more attractive. Additionally, the expansion of charging infrastructure nationwide has bolstered consumer confidence in EVs. Experts predict this growth will accelerate in the coming years, further solidifying India’s leadership in the global EV space.
