Registration of electric vehicles rose by 17% to 1.97 million units

New Delhi: According to data released by the Society of Indian Automobile Manufacturers (SIAM), the electric vehicle (EV) registration in India reached 1.97 million units in FY 2025, mainly due to a strong growth in two -wheeler and three -wheeler segments. This shows an increase of 17% compared to the financial year 2024.

Adopting electric powertrain was most prominently seen in two -wheelers, leading to electric vehicle changes in the automotive region. In FY 2025, registration of electric two-wheelers increased from 21% to 1.15 lakh units from year to year.

The share of this section in the overall two-wheeler market during 2024-25 will cross the 6% mark. This year, the electric two -wheeler segment saw strict competition between Bajaj Auto, TVS Motor Company and Hero MotoCorp.

Registration of electric passenger vehicles (car and SUVs) has crossed the 100,000 mark, which records a strong growth of 18.2% year-on-year. Electric vehicles in the overall passenger vehicle segment for the financial year 2025 were about 3%.

In FY 2025, the electric three-wheeler registration increased by 11% to around 700,000 units from year to year. Electric vehicles now have 57% share in registration of total three -wheelers, which outlines rapid electrification of this section.

EV registration is being reviewed

Vehicle

Registration

increase

,

Financial year 2024

Financial year 2025

(In percentage)

Two -wheeler

948500

1150000

21

Three -wheelers

632800

700,000

11

car

91500

107600

18

Total

1680000

1970000

17