India's Electric Mobility Push
India's electric-vehicle market set a record in July 2026 — 3,27,901 retail sales, more than two-thirds above the same month a year earlier, with nearly one vehicle in eight sold now running on a battery. The policy behind that curve is 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 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.
- PM E-DRIVE
- FAME
- NITI Aayog
- Electric Vehicles
- India Electric Mobility Index
- CAFE-III
- Ministry of Heavy Industries
- EV 2030 target
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