India has crossed the two million mark in annual electric vehicle (EV) sales for the first time in 2025, reaching 2.02 million units by Nov. 25, according to a report by The Times of India. With one month still left in the calendar year, total sales are expected to rise further, confirming a new milestone for the world’s third-largest auto market.
The achievement marks a modest increase of about 3.5% from the 1.95 million units sold in 2024, a sharp slowdown from last year’s growth rate of about 27%. Crisil Ratings director Poonam Upadhyay said the year-on-year expansion is unlikely to return to last year’s pace, partly due to production disruptions earlier this year caused by shortages of key components such as magnets. “While charging infrastructure remains a consideration for long-distance travel, it’s no longer a major concern for urban buyers who can rely on home and workplace charging,” Upadhyay said.
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Despite the government’s gradual rollback of EV subsidies and incentives, demand has been supported by falling battery prices, an expanding public charging network and the introduction of newer models with longer driving ranges. Two-wheelers continue to dominate India’s EV market, with 1.2 million units sold so far in 2025, already exceeding the full-year 2024 total of 1.15 million units. Electric three-wheelers remain the second-largest segment, with year-to-date sales of around 690,000 units, nearly matching last year’s full-year volume.
Electric passenger cars, although smaller in absolute numbers, have shown the fastest growth. Year-to-date sales stand at 156,455 units, up about 57% from the entire 2024 total of 99,429 units. Automakers such as Mahindra and Tata Motors have been introducing higher-range EVs with faster charging capabilities to address consumer concerns.
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India’s largest carmaker, Maruti Suzuki, is also set to enter the EV market next month with the launch of its first electric model, the e-Vitara, a move analysts expect could further broaden adoption among price-sensitive buyers.