  Electric vehicles (EVs) have emerged as a transformative force in India's
transportation sector, offering a sustainable solution to the country's growing
energy and environmental challenges. Against the backdrop of rapid
urbanization, rising pollution levels, and the need for energy security, EVs
have gained traction as a viable alternative to traditional internal combustion
engine vehicles. This paper provides a comprehensive analysis of the electric
vehicle market in India, focusing particularly on the landscape of 2023. It
emphasizes key aspects such as the 2023 scenario of EV adoption, the role of
indigenous manufacturers, dominant players shaping the market, and the
influence of government policies and initiatives, including the FAME I and II
schemes. Furthermore, the paper delves into EV sales data for the fiscal year
2023, offering insights into market trends and consumer preferences. By
elucidating the current state of EVs in India, this paper aims to contribute to
a deeper understanding of the country's transition towards sustainable mobility
and its implications for energy, environment, and economy.
