India's EV Sales Surge to 2.3 Million in 2025, Capturing 8% Market Share

India's electric vehicle market achieved significant growth in 2025, with total sales reaching 2.3 million units and capturing an 8% share of all new vehicle registrations. Electric two-wheelers were the dominant force, accounting for 1.28 million units or 57% of all EV sales. Regionally, Uttar Pradesh emerged as the largest market, followed by Maharashtra and Karnataka. The sector also saw robust investment, raising over $1.4 billion in funding during the year.

Key Points: India EV Sales Hit 2.3M in 2025, Market Share at 8%

  • EV sales hit 2.3M units in 2025
  • Two-wheelers dominate with 57% share
  • Uttar Pradesh is largest regional market
  • Sector raised over $1.4B in funding
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India's EV sales hit 2.3 million in 2025; market share rises to 8 pc

India's electric vehicle sales reached 2.3 million units in 2025, capturing an 8% market share. Two-wheelers led the charge, with Uttar Pradesh as the top state.

India's EV sales hit 2.3 million in 2025; market share rises to 8 pc
"electric two‑wheelers led the EV growth with sales of 1.28 million units, touching 57 per cent of EV sales - IESA Report"

New Delhi, Jan 12

India's electric vehicle market accounted for 8 per cent of all new vehicle registrations in 2025 with total EV sales reaching 2.3 million units, according to Vahan Portal data.

A report from India Energy Storage Alliance (IESA) said that electric two‑wheelers led the EV growth with sales of 1.28 million units, touching 57 per cent of EV sales, while electric three‑wheelers (L3 and L5) accounted for 0.8 million units, or 35 per cent of EV sales.

Electric four‑wheelers sales were at 1,75,000 units, with notable momentum in small and light commercial electric goods carriers, the report said.

India's broader automobile market posted 28.2 million vehicle registrations in 2025, with two-wheelers accounting for 72 per cent of total sales.

Passenger four-wheelers crossed 4.4 million units, while tractors and agricultural vehicles surpassed 1.06 million units.

Regionally, Uttar Pradesh emerged as the largest EV market with over 4 lakh units, or 18 per cent of national EV sales, followed by Maharashtra with 2.66 lakh units, or 12 per cent, and Karnataka with 2 lakh units, or 9 per cent, the report said.

The industry alliance highlighted that several smaller states posted high EV‑to‑ICE (internal combustion engine) ratios, including Delhi at 14 per cent and Kerala at 12 per cent.

Tripura (18 per cent) and Assam (14 per cent) also recorded robust EV-to-ICE ratios in 2025.

A recent report had noted that India's EV sector raised over $1.4 billion in 2025, up around 27 per cent from 2024 figures.

Electric vehicle manufacturers dominated funding, securing $1.2 billion of the total with Delhi leading the city rankings with $1.1 billion raised.

The report forecasted electric car volumes in the PV segment at around 1.75 lakh units for FY26. EV sales grew by 83 per cent in FY24.

Another report highlighted a $100 billion export opportunity in auto components as EV sales rose from about 50,000 in 2016 to over 2 million in 2024.

- IANS

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Reader Comments

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Priya S
Great progress! 🚀 But 8% market share still feels low. The real challenge is making electric cars affordable. The 1.75 lakh forecast for next year is a drop in the ocean compared to 4.4 million total passenger vehicles. Need stronger FAME-like policies for the mass market, not just early adopters.
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Vikram M
The regional data is interesting. Delhi and Kerala having high EV-to-ICE ratios shows that awareness and infrastructure in more developed states helps. But UP being the largest market by volume proves demand is nationwide. Hope the charging network expands in tier-2 and tier-3 cities soon.
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Rohit P
Bought an electric scooter last year. Saving a fortune on petrol! The running cost is just 10-15 paise per km. More people should switch. The only issue is the initial cost and battery replacement anxiety. If the government can subsidize batteries, adoption will skyrocket.
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Sarah B
As someone living in Bangalore, the rise in EVs is very visible. The air quality needs this shift desperately. The $100 billion export opportunity for components is massive. India can become a global EV hub if we play our cards right. Focus on quality and innovation.
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Nikhil C
Respectfully, while the growth numbers look good, we must be cautious. Most sales are two and three-wheelers. The real test for reducing oil imports and pollution is converting personal cars and commercial transport. The 35% share for three-wheelers (e-rickshaws) is a silent revolution for last-mile connectivity though!

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