India Sets 30 Percent EV Sales Target by 2030 With New E‑DRIVE Roadmap
India outlines a national EV roadmap targeting a 30 percent share of new vehicle sales by 2030, detailed in the PM E‑DRIVE guide and supported by incentives for battery manufacturing and charging networks, and aims to reduce import dependence on foreign batteries.
Delhi cleared its 2026 EV policy, eliminating hybrid subsidies and granting financial benefits only to pure‑electric vehicles, while mandating a minimum 20 percent EV fleet for public transport operators by 2027. The policy also includes tax rebates for home charger installations.
Niti Aayog began drafting state‑specific EV policies, coordinating with regional governments to align charging infrastructure rollout, local manufacturing incentives, and fleet conversion targets, aiming for uniform progress across India's diverse markets, and sets a timeline for statewide rollout by 2028.
EV Market data from mid‑2025 shows a sharp sales surge as multiple new models entered the Indian market, though analysts note price sensitivity could slow growth without further subsidy adjustments. Manufacturers are responding with lower‑cost models to broaden appeal.
