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flag India's EV market grows fast, but petrol two-wheelers still lead, and subsidy delays persist.

flag India's EV market is rapidly expanding, with falling battery costs, government incentives like FAME-II and PLI schemes, and a 5% GST on EVs driving adoption. flag Union Minister Nitin Gadkari predicts price parity between EVs and petrol vehicles within months, making EVs more accessible. flag Delhi plans to launch a revised EV policy in early 2026, potentially doubling subsidies for two-wheelers, adding scrappage incentives, and improving charging infrastructure, especially for delivery workers. flag While EV registrations rose to 21,963 in 2025, petrol two-wheelers still dominate with over 255,000 new registrations. flag The city faces a ₹140 crore backlog in unpaid subsidies, with the Delhi High Court urging faster disbursement.

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