India's Electric Revolution
The Indian electric vehicle market has witnessed a remarkable transformation over the past few years. With over 2 million EVs sold in 2025 alone, India has emerged as one of the fastest-growing EV markets globally.
Key Drivers of Growth
- Government Policies: The FAME-III scheme continues to provide substantial subsidies for both vehicles and charging infrastructure.
- Falling Battery Costs: Lithium-ion battery prices have dropped by 40% since 2020, making EVs more affordable.
- Growing Charging Network: India now has over 100,000 public charging points, up from just 2,000 in 2022.
- Environmental Awareness: Rising concerns about air pollution are driving consumers toward cleaner transportation.
The Road Ahead
Industry experts predict that by 2030, EVs will constitute 40% of all new vehicle sales in India. This transition is being accelerated by automakers launching affordable electric models and companies like Lithions expanding charging infrastructure to tier-2 and tier-3 cities.
The future of transportation in India is electric, and the transition is happening faster than anyone predicted.
At Lithions, we're proud to be part of this green revolution, providing reliable and accessible charging solutions across the nation.