Govt set to exhaust ₹857-crore subsidy for bigger electric 3-wheelers three months early

Despite these giant strides, there’s plenty left to do, he said, as deep penetration of zero-emission, battery-operated vehicles remains limited to three-wheelers. Scaling EV adoption beyond early-mover segments remains the central challenge, Bhatt added. “To sustain momentum, India must bring down upfront vehicle costs, particularly in the two-wheeler and passenger vehicle segments,” he said.