India to sell more than 1 million electric vehicles in FY2024-25

India's Ministry of Heavy Industries (MHI) announced on 29 September 2024 the "Indian Heavy Industries Electric Drive Innovative Vehicle Improvement Revolution (PM E-DRIVE) Plan", which aims to promote the research of environmentally friendly mobility and electric vehicle (EV) manufacturing ecological stability in India. The program is to a period of two years, with a total expenditure of Rs 109 billion crore as of March 31,

2026. The 2024 Electric Mobility Promotion Plan (EMPS), implemented by MHI, will be implemented to six months from 1 April 2024 to 30 September 2024 and has been incorporated into the PM E-DRIVE Plan. India's Minister of Heavy sector and Steel, HD Kumaraswamy, hailed the achievement: "Under the visionary leadership of the Honourable Prime Minister Narendra Modi, India is driving the global transition towards sustainable transport. Sales of greater than 1 million electric vehicles are a testament to the success of Mitsubishi Heavy Industries' flagship programs, including FAME, EMPS and PM E-DRIVE. This milestone reaffirms our commitment to a cleaning agents, greener and greater self-sufficient India. ".