India’s EV Growth Surges as Market Hits ₹22 Lakh Crore, Hydrogen Fuel in Focus

India's electric vehicle (EV) industry has reached ₹22 lakh crore, indicating a significant revolution in the country's mobility sector.

India’s electric vehicle (EV) industry has reached ₹22 lakh crore, indicating a significant revolution in the country’s mobility sector. Union Minister for Road Transport and Highways Nitin Gadkari stated that this milestone reflects India’s rapid adoption of sustainable transportation options, with electric vehicles emerging as a mainstream option rather than a niche alternative.

The expansion has been fueled by lower battery costs, government subsidies, and increased consumer awareness of environmental concerns. EVs are expected to account for roughly 40% of new vehicle sales by 2030, generating large-scale employment opportunities while considerably lowering carbon emissions.

At a recent occasion, Gadkari emphasised the need for hydrogen fuel as a supplement to EVs. He stated that, while EVs are appropriate for urban and medium-distance travel, hydrogen-powered cars are more suited for heavy-duty transportation, industrial logistics, and long-haul operations. According to him, this twin strategy has the potential to propel India to the forefront of next-generation sustainable mobility.

The government also encourages domestic manufacture of batteries, motors, and EV components through the Manufacturing Linked Incentive (PLI) program and state-level EV laws. However, problems remain, particularly in building a nationwide charging infrastructure, lowering upfront costs, and minimising reliance on imported materials.

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