Assuming a daily range of 30kms over weekdays and 10kms over weekends for a highspeed 2W in the Delhi NCT.
Source: CEEW-CEF analysis based on Savings Calculator
INR 7,263
Annual savings by shifting to an electric 2W
Total registered electric vehicle stock in India. Unregistered vehicles mostly include battery powered electric three-wheelers or e-rickshaws
Source: Vahan Sewa dashboard
5,30,560
Total EVs registered (as of FY20)
Electric 3W sales is an unorganised sector and the vehicles are not registered.
Source: Society of Electric Vehicle Manufacturers (SMEV)
1.5 M
Electric 3W (e-rickshaw) stock (as of FY20)
Total number of EVs expected on-road by FY30 assuming a BAU scenario of 4% electrification across all vehicle categories.
Source: CEEW study
14.8 M
Total EVs sales expected by FY30
2,18,21,376
Total vehicles sold in 2019 - 20
0.76%
EV sales as % of overall vehicle sold in 2019 - 20
0.65%
EV sales as % of overall vehicle sold in 2018 - 19
13.45%
Increase in sales of EVs from 2018 - 19 to 2019 - 20
Models available under FAME-II scheme
75
Total number of vehicles sold under FAME-II
32,029
Total number of incentives claimed
201
Total Incentive Amount (in INR)
88.06 Cr
EV sales (industry estimates)
Includes registered and unregistered sales as estimated by Society of Manufacturers of Electric Vehicles (SMEV)

EVs sold

2,46,000

in 2019 - 20

2-Wheelers
1,52,000
61.79%
3-Wheelers
90,000
36.59%
4-Wheelers
3,400
1.38%
Bus
600
0.24%
Electric cars per public charging station (PCS)
Compared to other countries
China (2019)
Germany (2019)
Japan (2019)
United States (2019)
Average battery prices
9,928 INR/kWh
Current price (average)
Average battery prices
131 USD/kWh
Current price (average)
Expected investment in Indian EV sector
Key EV companies
(from FY18 to FY20 (till Dec'19))
1
Mahindra Electric
14,302 vehicles sold
2
Gayam Motorworks
698 vehicles sold
3
Olectra Green
647 vehicles sold
4
Ashok Leyland
49 vehicles sold
Important Links
FAME-II
Vahan Sewa Dashboard
An initiative supported by