After this step of the government, the cell of electoral cars will be doubled, the price will also be low

Last updated:February 13, 2025, 14:46 IST

The craze of electric cars in India is increasing, Tata Motors is the leader. The EV cell rose 19.93% in 2024. Sale is expected to double in 2025. The government is promoting battery manufacturing.

New Delhi. The craze of electric cars is increasing rapidly worldwide including India. There is an initial phase for electric cars in India right now. Because, despite the popularity and increasing options in the segment, the market share of electric cars in the cell is around 3 %. The company is constantly bringing new electric cars to India. Not only this, old popular cars are also being launched in the market with electric powertrain.

However, with a big effort to develop more models and to develop charging infrastructure by both government and private companies, the sale of electric car is expected to double in 2025.

Leader in Tata EV segment
According to data from the Federation of Automobile Dealers Association (FADA), electric car sales in India increased by 19.93% to 99,165 units in 2024, which was 82,688 units in 2023. According to FADA data, Tata Motors currently dominated the electric car segment in India, which stakes 62.01% in 2024, which was 72.68% in 2023.

Sale was low till 2024
By 2024, there was a lack of models for the sale of electric cars to be low. However, Tata Motors was with Tiago.EV, Tigor.EV, Panch.EV, Nexon.EV and Karvav.EV and JSW MG Motor India Committees, Windsor and ZS. Now Maruti and Hyundai are also bringing their models in the segment. Therefore, it is expected that in 2025, there will be an increase in EV cell.

Basic custom duty decreased
A battery stake in the total cost of an EV is about 35–40%. The government is promoting local manufacturing of lithium-ion battery by removing basic custom duty (BCD) on important minerals and goods used in their production.