India, the world’s third-largest automotive market, is embracing electric vehicles (EVs) with strong government support. The FAME scheme and state EV policies have significantly boosted EV sales, with ~1.2 million units sold in 2023. With a projected CAGR of 49% from 2022-2030, India aims for 30% EVs in total vehicle sales by 2030, requiring substantial infrastructure and policy support.

Report presents current e-mobility policy & regulatory regime at National and sub-national level, market trends across the e-mobility ecosystem and recommends a way forward for states such as more aggressive role for state nodal agencies such as creation of EV Accelerator Cells to serve as single window entity for coordination & implementation of e-mobility programmes in respective states, creating awareness, managing demand and supply side incentives for e - mobility adoption in accordance with state EV policies, coordinating with state DISCOMs, monitoring timely grant of connection to PCS, etc.