New Delhi, June 23 -- Electric vehicles (EVs) on Indian roads breached the 6.5 million mark in May 2025. With over 2 million EVs sold in 2024 and rising adoption across two-wheelers, three-wheelers and public transport, the groundwork is firmly in place, and we are ready for take-off.

The stellar progress so far has been made possible by a forward-looking and purposeful policy push, starting from Faster Adoption and Manufacturing of Electric Vehicles (Fame) to the recent PM E-Drive and scheme for making electric passenger cars in India. There are several ongoing interventions and initiatives to address rampant bottlenecks in financing, credit mechanisms, charging networks and the battery value chain.

So far, the government has spent mor...