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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and...

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and petrol vehicles, pushing large-scale adoption across last-mile transport and encouraging major private investments.   India’s strategy to combat pollution levels has been to target the vehicles most common on its roads – two and three wheelers, which account for nearly 80 pc of the total automobiles sales in the country.   This targeted approach has led to a cycle where more sales encourage more investment, which further accelerates the market, as per the report shared by International Council on Clean Transportation (ICCT) India.   The PM E-Drive Scheme further boosts adoption by supporting the sale of 2.5 million e2w’s and 320,000 e3w’s, backed by a USD-315 million outlay for vehicles and charging infrastructure.   It has pushed private and public sector to act, like a major delivery company committing to convert its entire fleet into EVs in five years, some state and local governments assuring to partially convert their fleets of official or public transport vehicles to electric.   Even globally, EV adoption is increasing despite policy shifts in some advanced economies. EVs notched18 pc of all global light-duty vehicles in 2024, up from 14 pc in 2023, and likely to go up further this year.   With France, Spain, and Croatia showering more consumer incentives, UK and Canada refining ZEV mandates, the public charging points world over have doubled from 2.50 million (2022) to over 5 million now.   Racing to keep up, India has recorded a 23 pc year-on-year rise in light-duty EV sales from 2023 to 2024 and reaching a 2.9 pc EV share in early 2025.   The COP-30 report has lauded India’s FAME and PM E-Drive programs - and the EU’s AFIR regulation - as major forces speeding up the global move toward zero-emission mobility.   ICCT’s India Managing Director Amit Bhatt emphasized that electrifying India’s dominant vehicle segments is already delivering results. He termed as timely and essential next step the Centre’s fresh push to electrify medium and heavy-duty trucks – which comprise only 3 pc of the total vehicle stock but cough out 44 pc  of transport emissions. Clean & green leaders: India’s e3w & e2W The Faster Adoption & Manufacturing of Hybrid & Electric Vehicles (FAME) and PM E-Drive programs helped lower the upfront costs of electric 2 wheelers and electric 3 wheelers, making them price-competitive with ICE equivalents.   The transition has been powered by a strong collaboration between government and the private sector, particularly in last-mile delivery, with companies adopting EVs to save costs and working with rental partners to build out the ecosystem.   The quick expansion of EV charging networks in the world is driven by encouraging policies - with Europe’s reliance on deployment targets and India’s use of targeted incentives demonstrating two effective and scalable models, as per the COP-30 coming a day before the global meet ends on Friday.

PLAIN SPEAK

  • PTI
  • May 7
  • 3 min read

"Let us congratulate the Indian armed forces and Prime Minister Narendra Modi for the strike. It was a precision strike that destroyed nine terrorist camp sites. This time, the video footage of the airstrike is available, leaving no scope for anyone to seek proof of it. The attack on us will not be tolerated by Bharat. It will be avenged properly and we did it today.”

Devendra Fadnavis, CM, Maharashtra


“Tamil Nadu stands with the Indian Army against terrorism. With our Army, for our nation. Tamil Nadu stands resolute.”

M K Stalin, Chief Minister, Tamil Nadu


“On behalf of the people of Sikkim, I extend my deepest salute to our brave soldiers who delivered swift and decisive justice in response to the heinous terror attack in Pahalgam. This operation sends a clear message that India will not tolerate any threat to its unity and peace. We stand firmly with our armed forces and honour their sacrifice.”

Prem Singh Tamang, Chief Minister, Sikkim


"The wounds of Pahalgam still ache, but today, justice has begun to answer. Jai Hind!"

N Biren Singh, Former Chief Minister, Manipur


"Earlier through surgical and air strikes, India has sent a message to the world that anti-India activities, whether emanating from Indian soil or from outside the country, India will not tolerate it now.”

Gajendra Singh Shekhawat, Union Minister, Tourism


"Congratulations to Indian soldiers for safeguarding the sovereignty of the country and securing its citizens by giving a befitting reply to the Pahalgam attack. The country is proud of our armed forces.”

Sharad Pawar, President, Nationalist Congress Party (SP)


"A set of calibrated, calculated, precise strikes against terror targets. Exactly what I had advocated last week: hit hard, hit smart. I applaud the government and stand solidly with our armed forces. At the same time we have behaved in a manner that would not justify further expansion of the conflict. We have made our point and acted in self-defence.”

Shashi Tharoor, senior leader, Congress


“The world must show zero tolerance for terrorism."

S Jaishankar, Union Minister, External Affairs


"We are extremely proud of our Indian Armed Forces who have struck terror camps in Pakistan and PoK. We applaud their resolute resolve and courage. National unity and solidarity is the need of the hour and the Indian National Congress stands with our Armed Forces. Our leaders have shown the path in the past, and national interest is supreme for us.”

Mallikarjun Kharge, President, Congress


“Proud of our armed forces. #OperationSindoor is Bharat's response to the brutal killing of our innocent brothers in Pahalgam.”

Amit Shah, Union Minister, Home


"Took stock of the situation in border districts of J&K UT with all the senior administrative, police & district officials including DCs of all the border districts. I'm closely monitoring the situation & govt is fully prepared to deal with any eventuality. We will ensure safety of every citizen. Jai Hind!"

Manoj Sinha, Lieutenant Governor, Jammu and Kashmir


"OperationSindoor India remembers and India fights back. There is no room for terrorism. Jai Hind."

Conrad K Sangma, Chief Minister, Meghalaya


"Justice for the victims of Pahalgam begins. Operation Sindoor - Justice served. Nation supports. Jai Hind. Bharat Mata Ki Jay.”

Sunil Ambekar, Leader, RSS


"Fearless in unity. Boundless in strength. India's shield is her people. There's no room for terrorism in this world. We're ONE TEAM! Jai Hind.”

Sachin Tendulkar, Cricket legend


“The nation has complete faith in the capabilities of our armed forces, and stands united behind them. It is the strength of our military, the determination of our leadership, and the unity of our people that led to the success of Operation Sindoor.”

Ajit Pawar, Deputy CM, Maharashtra


“Yeh toh trailer hai, picture abhi baaki hai,” (bigger actions could still come). I thank the Prime Minister Narendra Modi and the Indian Armed Forces for showing strength and sending a strong message to Pakistan and the world. This particular operation gave justice to the families of those who were killed”.

Eknath Shinde, Deputy CM, Maharashtra


“Operation Sindoor is very emotional because the attack hurt many women, and in Indian culture, "sindoor" is a sign of a married woman’s pride. The operation was a fitting answer to those who tried to hurt India.”

Sanjay Raut, MP, Shiv Sena (UBT)

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