Union Heavy Industries Minister H.D. Kumaraswamy announced that over 28 lakh electric vehicles (EVs) have been sold under the PM E-Drive scheme as of February 2026. He made the statement while addressing the 3rd FICCI National Conference on Electric Vehicles in New Delhi.
According to the Minister, the figures include more than 20 lakh electric two-wheelers and nearly 3 lakh electric three-wheelers. Public transport electrification is also gaining momentum, with over 14,000 electric buses sanctioned across major Indian cities.
Mr. Kumaraswamy highlighted that the growing adoption of EVs is improving urban air quality and ensuring policy continuity for domestic manufacturers. He also noted that India’s expanding network of Free Trade Agreements with the EU, Australia, and UAE is opening new avenues for EV exports and component manufacturing.
The Minister emphasized that electric mobility is not just a climate initiative, but also an industrial strategy, manufacturing opportunity, and technological leap, aimed at building future industries while addressing current environmental and economic challenges.
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