Whitepaper: Top 5 states EV adoption Trends in India
Date of Release- June 2024
In FY2024, EV adoption India witnessed a significant surge, with electric vehicle (EV) sales reaching a total of 17,52,406 units, marking a robust year-on-year (y-o-y) growth of 40.31% compared to the previous fiscal year. The top five states collectively account for more than 50% of the EV market share, with Uttar Pradesh leading at 17.42%, followed by Maharashtra with a market share of 12.11%, Karnataka at 9.66%, Tamil Nadu at 5.77%, and Rajasthan at 5.61%.
The whitepaper aims to explore the status of EV adoption in the top five states in India, and covers the following content:
INDEX
- Overall India Landscape
- Uttar Pradesh
- 2.1 Sales and EV Penetration
- 2.2 Key Drivers for EV Growth in Uttar Pradesh
- 2.2.1 Subsidies disbursed under FAME II
- 2.2.2 Charging Infrastructure Landscape
- 2.2.3 Investments in Uttar Pradesh
- Maharashtra
- 3.1 Sales and EV Penetration
- 3.2 Key Drivers for EV Growth in Maharashtra
- 3.2.1 Subsidies disbursed under FAME II
- 3.2.2 Charging Infrastructure Landscape
- 3.2.3 Investments in Maharashtra
- Karnataka
- 4.1 Sales and EV penetration
- 4.2 Key Drivers for EV Growth in Karnataka
- 4.2.1 Subsidies disbursed under FAME II
- 4.2.2 Charging Infrastructure Landscape
- 4.2.3 Investments in Karnataka
- Tamil Nadu
- 5.1 Sales and EV penetration
- 5.2 Key Drivers for EV Growth in Tamil Nadu
- 5.2.1 Subsidies disbursed under FAME II
- 5.2.2 Charging Infrastructure Landscape
- 5.2.3 Investments in Tamil Nadu
- Rajasthan
- 6.1. Sales and EV penetration
- 6.2. Key Drivers for EV Growth in Rajasthan
- 6.2.1 Subsidies disbursed under FAME II
- 6.2.2 Charging Infrastructure Landscape
- 6.2.3 Investments in Rajasthan