According to Bloomberg, electric vehicle (EV) sales in India doubled in 2025, raising the annual growth rate in this sector to 17%. Electric vehicles accounted for 4.6% of the total passenger car sales in India that year. This growth aligns with the Indian government's strategy to expand the use of electric vehicles to reduce fuel consumption and limit oil imports in a country with a population of 1.45 billion as of 2024.

The increase in India's GDP to $3.9 trillion in 2024 has further boosted energy demand across various economic sectors, including manufacturing and transport. As a result, there is a pressing need for India to transition more significantly to electric trucks and cars. This shift not only aims to modernize the transportation sector but also addresses the environmental and economic challenges related to fossil fuel reliance.

Kumar Carrier, a researcher at Bloomberg, highlighted that the continuous decline in electric vehicle battery prices, along with stricter fuel efficiency standards, will support the expansion of electric vehicle use in India. The implications of this growth are significant for both the Indian economy and global efforts to reduce carbon emissions, making India a key player in the global transition towards more sustainable transportation solutions.