⚡Where Are EVs in 2025? And Where Does India Stand ?
The EV revolution is here — but it’s moving at different speeds across the globe. The IEA’s Global EV Outlook 2025 shows just how far we've come — and how far we still need to go.
🌍 Global Snapshot
🌐 Over 17 million EVs sold in 2024, with 2025 expected to cross 20 million+.
🇨🇳 China dominates — 60% of new cars sold are electric.
🇪🇺 Europe holds steady at 20-25%, but subsidies are fading.
🇺🇸 USA trails behind at ~10%.
🇮🇳 India’s EV Scene
🛻 Just 2% of car sales were electric in 2024 (~1 lakh units).
📈 But Q1 2025 saw 45% YoY growth — a strong upward trend.
🎯 Target: 15% market share by 2030 for electric cars.
💰 Affordability Is Key
China wins here: EVs are often cheaper than petrol cars.
India is catching up: price gap now <15% for small EVs.
Govt support like PLI schemes & tariff barriers encourages local manufacturing.
🚚 Heavy-Duty EVs
China leads in electric truck sales (80% global share).
India saw a decline in electric truck sales in 2024.
But 📊 electric bus count rose to 11,500+, thanks to PM e-Bus Sewa.
🛵 India’s Real EV Revolution: 2 & 3-Wheelers
2W sales hit 1.3 million units in 2024 (6% market share).
India is a global leader, with 220+ EV makers.
EVs like Ola S1X priced under ₹70,000 make it affordable for the masses.
PM E-DRIVE policy continues to power growth with direct subsidies.
🏭 What About Manufacturing?
Global shift: Chinese EV makers are building plants abroad to beat tariffs.
In India, partnerships like

















