The Centre announced a new scheme, the Electric Mobility Promotion Scheme, to promote the sale of electric two-wheelers and three-wheelers in India. The allocated Rs. 500 crores will be used to support around 400,000 such vehicles over a four-month period. This scheme is part of the government’s endeavours to promote electric mobility and achieve net zero targets. Electric vehicle (EV) sales this year witnessed a robust rise of over 45% so far, despite subsidy cuts and regulatory shifts. Total EV registration in India in 2023 is just short of 1.5 million units, which is significantly higher than last year’s score of a little over a million. The government is doing its bit to promote e-mobility, and positive results are being generated.




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