The Economic Times

Traffic in middle lane revving up e-cars; Rs 10-30L e-cars see fastest growth amid discounts

India's electric passenger vehicle adoption is primarily driven by the 10-30 lakh segment, with sales rising 77% year-on-year to a record 175,000 in 2025. Dealers attribute this growth to year-end discounts rather than a surge linked to global uncertainties. Demand is expected to increase if fuel prices rise sharply or rationing occurs.