India Needs 22% Jump in EV Sales Over 5 Years: NITI Aayog

India will need to increase electric vehicle (EV) adoption by more than 22 percent over the next five years to meet the government's goal of 30 percent EV penetration by 2030, a new report by NITI Aayog has said.

- TDG NETWORK

The report noted that despite policy support and growing awareness, EVs made up only about 7.6 percent of total vehicle sales in 2024. It added that this progress has been slow, as it has taken nearly a decade to reach this level.

The report said, "country has progressed to only about 7.6 percent of the sales in 2024 being electric far behind its target of 30 percent by 2030...now it needs to increase this share by over 22 percent in the next 5 years alone."