Whitepaper: Top 5 states EV adoption Trends in India

Date of Release- June 2024

In FY2024, India witnessed a significant surge in 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

  1. Overall India Landscape
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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



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