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flag India aims to boost EV sales by over 22% annually to meet 2030 goals, lagging global leaders.

flag According to a NITI Aayog report, India must increase electric vehicle (EV) adoption by over 22% over the next five years to reach its 2030 goal of 30% EV penetration. flag In 2024, EVs comprised only 7.6% of total vehicle sales, with significant growth from 50,000 units in 2016 to 2.08 million in 2024. flag Progress has been slow compared to global leaders like China, the US, and the EU. flag The report suggests moving from incentives to mandates, focusing on specific vehicle segments, and achieving saturation in limited geographic areas to accelerate the transition.

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