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Reading: India Subsidises 10 Lakh+ Electrical-2-Wheelers in FY25 as Gross sales Bounce 21%
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StockWaves > Financial News > India Subsidises 10 Lakh+ Electrical-2-Wheelers in FY25 as Gross sales Bounce 21%
Financial News

India Subsidises 10 Lakh+ Electrical-2-Wheelers in FY25 as Gross sales Bounce 21%

StockWaves By StockWaves Last updated: April 2, 2025 3 Min Read
India Subsidises 10 Lakh+ Electrical-2-Wheelers in FY25 as Gross sales Bounce 21%
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April 2, 2025April 2, 2025





India subsidised over 10 lakh electrical two-wheelers in FY25 below the PM E-DRIVE scheme, supporting EV gross sales and inexperienced mobility.

Electrical two-wheeler gross sales rose 21% to 11.49 lakh items, whereas electrical three-wheeler gross sales jumped 57% to 1.59 lakh items.

The PM E-DRIVE scheme, launched in September 2024, has a funds of Rs 10,900 crore and runs till March 2026, together with EMPS 2024 gross sales.

You Could Discover This Attention-grabbing

The scheme has saved 8.56 lakh litres of gasoline each day and decreased CO2 emissions by 12.48 lakh kg each day, reducing air pollution and boosting vitality safety.

Over 18 OEMs have utilized below the PLI Auto Scheme, supporting EV manufacturing and trade development.

Authorities insurance policies, expertise, and sustainability targets drive India’s e-mobility push, aligning with the Internet Zero goal by 2070.

Keep Forward with EV Shares. Ask the Analyst.

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