Annual fuel saving potential by shifting from a conventional to an electric sedan. The value assumes a mileage of 20 km/Litre for an average conventional sedan
630 L
Annual fuel savings for a typical electric car
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 electric vehicle stock forecasted for 2029-30.
Source: CEEW Centre for Energy Finance
23.8 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
48
Total number of vehicles sold under FAME-II (as of 2020)
19,251
Total No. of Incentives (claimed as of 2020)
81
Total Incentive Amount (in INR)
43.17 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
10,837 INR/kWh
Current price (average)
Average battery prices
143 USD/kWh
Current price (average)
Expected investment in Indian EV sector
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