India, Dec. 9 -- The Government of India has issued a release:
Financial Year /Category
2019-20
2020-21
2021-22
2022-23
2023-24
2024-25
Registered ICE Vehicles
244.20
173.79
179.86
211.49
229.60
242.84
Registered Electric Vehicles (EVs)
1.74
1.43
4.59
11.83
16.81
19.68
EV Penetration
0.71%
0.82%
2.49%
5.30%
6.82%
7.50%
Production Linked Incentive Scheme for Automobile and Auto Component Industry (PLI-Auto): Government on 15.09.2021 approved PLI-Auto Scheme, for enhancing India's manufacturing capabilities for Advanced AutomotiveTechnology (AAT) products with a budgetary outlay of Rs.25,938 crore. The scheme proposes financial incentives to boost domestic manufacturing of AAT products with minimum 50% Domestic Va...