4 months ago
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Electric conveyance (EV) penetration successful Kerala reached a milestone successful the just-concluded twelvemonth with the yearly registration of vehicles crossing 1 lakh. According to the information disposable with the Motor Vehicles section (MVD), arsenic of December 31, 2025, a full of 1,88,92,383 vehicles were registered successful Kerala.
Of this, 8,78,863 vehicles were registered successful 2025, an summation of 12.8% compared to the figures successful 2024. Among the 8.78 lakh vehicles registered successful 2025, electrical conveyance registrations were 1,06,993. The electrical conveyance registration successful 2024 was 83,268 and 75,812 successful 2023. The maturation becomes much telling erstwhile compared with the electrical conveyance registration of little than 1,500 successful 2020.
Moreover, the maturation of the electrical conveyance assemblage has remained precocious contempt beingness taxation being accrued by the Kerala authorities successful the past Budget, from 5% to 8% connected vehicles priced implicit ₹15 lakh. Those priced supra ₹20 lakh are present taxed astatine 10% against the 5% charged previously.
Speaking to The Hindu, a elder MVD serviceman said the maturation successful electrical conveyance registration, contempt the hike successful taxation from 5% to 10% for non-transport vehicles, underscored the information that the assemblage was successful the cusp of a paradigm displacement successful Kerala.
“At present, electrical conveyance registration is astir 12% and erstwhile it crosses 20-25%, determination is nary request for a important propulsion for electrical conveyance modulation by the government, arsenic the marketplace stock is capable for carrying the momentum forward,“ helium said.
The bulk of the conveyance registration happens successful the two-wheeler segment, though determination has been a important summation successful the registration of three-wheelers and four-wheelers. The concern changed erstwhile conveyance manufacturers launched scooters with ranges of 150-200 km connected a azygous charge, and cars that tin easy spell 250-500 km without needing a recharge, according to manufacture insiders.
