India's Electric Mobility Push

India's electric-mobility drive now rests on PM E-DRIVE, a 10,900-crore-rupee demand scheme that took over from the long-running FAME programme in October 2024 to subsidise electric two- and three-wheelers, buses, trucks and ambulances while seeding a public charging network. Around it sits a broader policy scaffold: a NITI Aayog blueprint pegging the EV shift as a 200-billion-dollar opportunity, the country's first state-level electric-mobility index, and tightening fuel-efficiency norms meant to nudge carmakers toward cleaner fleets. The destination is a 30% electric share of new vehicle sales by 2030.