Ministry of Heavy Industries
INCENTIVES FOR ELECTRIC VEHICLES
प्रविष्टि तिथि:
09 DEC 2025 3:36PM by PIB Delhi
The year-on-year growth in Electric Vehicles (EV) penetration between FY 2020-2025 is as under: -
(Nos. in lakh)
|
Financial Year /Category
|
2019-20
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
2024-25
|
|
Registered ICE Vehicles
|
244.20
|
173.79
|
179.86
|
211.49
|
229.60
|
242.84
|
|
Registered Electric Vehicles (EVs)
|
1.74
|
1.43
|
4.59
|
11.83
|
16.81
|
19.68
|
|
EV Penetration
|
0.71%
|
0.82%
|
2.49%
|
5.30%
|
6.82%
|
7.50%
|
Source :Vahan Portal
Further, the Ministry of Heavy Industries has launched the following schemes for strengthening the supply chain resilience for domestic manufacturing:
-
Production Linked Incentive Scheme for Automobile and Auto Component Industry (PLI-Auto): Government on 15.09.2021 approved PLI-Auto Scheme, for enhancing India's manufacturing capabilities for Advanced AutomotiveTechnology (AAT) products with a budgetary outlay of ₹25,938 crore. The scheme proposes financial incentives to boost domestic manufacturing of AAT products with minimum 50% Domestic Value Addition (DVA) and attract investments in the automotivemanufacturing value chain.
-
Production Linked Incentive (PLI) Scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage: Government on 12.05.2021 approved PLI-ACC in orderto promote manufacturing of ACC in the country with a budgetary outlay of ₹18,100crore. The scheme envisages establishing a cumulative ACC battery manufacturingcapacity of 50 GWh.
-
PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme: PM E-DRIVE Scheme has been notified on 29.09.2024. The scheme has an outlay of ₹10,900 crore over a period of four years from 01.04.2024 to 31.03.2028 (except for e-2Ws and e-3Ws for which the terminal date is 31.03.2026). This scheme aims to incentivise sale of e-2W, e-3W, e-Ambulances, e-Trucks, and e-buses. The scheme also supports development of charging infrastructure and upgradation of vehicle testing agencies. Under the PM E-DRIVE Scheme, Phased Manufacturing Programme (PMP) mandates domestic manufacturing of specified EV components.
This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.
*****
TPJ/NJ
(रिलीज़ आईडी: 2200842)
आगंतुक पटल : 302