Sector profile

Electric vehicles

Electric mobility in India is growing quickly, and e-rickshaws are already a common sight in Uttar Pradesh's towns. This page covers EV registrations from the Vahan portal and the state's EV manufacturing incentives.

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Electric rickshaws carrying passengers on a street in Aligarh, Uttar Pradesh — Photo: N. Vivekananthamoorthy via Wikimedia Commons, CC BY 4.0

Importance to the Indian economy

Registered electric vehicles in India grew from 11.83 lakh in 2022-23 to 16.81 lakh in 2023-24 and 19.68 lakh in 2024-25 (Vahan portal data, Ministry of Heavy Industries reply via PIB).

Manufacturing opportunities span vehicles, battery packs and cells, motors and controllers, and charging equipment. Central PLI schemes for auto and advanced chemistry cells sit alongside the UP policy's capital subsidy.

The last three years in official data

Figures as published by the Government of India source linked against each year. We do not estimate or fill gaps.

Registered electric vehicles (all categories)lakh vehicles

2022-23

11.83 lakh

2023-24

16.81 lakh

2024-25

19.68 lakh

Bars start at zero and are scaled to the largest value shown.

Year	Value (lakh vehicles)
2022-23	11.83 lakhSource: PIB, 10 Mar 2026 (PRID 2237556), Vahan portal
2023-24	16.81 lakhSource: PIB, 10 Mar 2026 (PRID 2237556), Vahan portal
2024-25	19.68 lakhSource: PIB, 10 Mar 2026 (PRID 2237556), Vahan portal

What is not shown, and why: EV registrations for 2025-26 were not confirmed from an official release; industry estimates are not shown.

UP incentives for this sector

The Uttar Pradesh policy that applies to this sector, with the main incentives as stated in the policy or on Invest UP. Rates, caps and eligibility conditions are summarised; the policy text and its guidelines decide each case.

In force

Uttar Pradesh Electric Vehicle Manufacturing & Mobility Policy 2022

Notified 14 Oct 2022, for five years. A 2024 amendment GO (Hindi scan) has not been reviewed by us

Incentive	Support (as per the policy)
Integrated EV projects (₹3,000 crore+, first 2)	30% capital subsidy, up to ₹1,000 crore over 20 years
Mega EV projects (₹500 crore+, first 5)	20%, up to ₹500 crore over 10 years
Large units	18%, up to ₹90 crore
MSME units	10%, up to ₹5 crore over 2 years
Charging / swapping stations	20% capital subsidy up to ₹10 lakh (first 2,000 charging) / ₹5 lakh (first 1,000 swapping)
Stamp duty	100% / 75% / 50% by region

Lapsed parts: the vehicle purchase subsidy was available for one year from its notification and has ended. The 100% road-tax and registration fee waiver applied for the first three years (to about Oct 2025); in years four and five it applies only to EVs manufactured, bought and registered in UP.

Source: Invest UP policy page

Applicable across sectors. A manufacturing project of ₹50 crore or more can also be evaluated under the UP Industrial Investment & Employment Promotion Policy 2022 (valid to 3 Nov 2027), and an MSME unit under the UP MSME Promotion Policy 2022. As a rule only one state policy can be used for the same investment, so compare the sector policy with these general policies on your own numbers before applying. Central schemes can often be combined with state support: see subsidy stacking.

Solar & green hydrogen sector

Sources

Scheme terms change; verify on the official portal; last checked 4 Oct 2026. This page is general information for planning, not a guarantee of eligibility, sanction or disbursement. See our Terms of Use & Disclaimer.

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