Budget for electric vehicle purchase in India 2024

Published by
Shangliao Sun,
Aug 19, 2024

In an April 2024 survey conducted in India regarding electric vehicle purchases, approximately 55 percent of respondents expressed a willingness to spend eight to 10 lakh Indian rupees on an electric vehicle, while 13 percent were prepared to spend 15 to 20 lakhs. Respondents in the same survey also stated contributing to a cleaner environment as a key reason for switching to electric vehicles.

Budget for electric vehicle purchase in India as of April 2024

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

In cooperation with
Release date

March 2024

Region

India

Survey time period

as of April 1, 2024

Number of respondents

10,913 respondents

Age group

18 years and older

Special properties

across 319 districts

Method of interview

Online survey

Supplementary notes

Original question: If you are considering buying an electric car in the next 12 months, how much are you likely to spend on it?

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of Aug. 2024).

Citation formats
Access all statistics starting from $1,788 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$149 USD $199 USD
per month, billed annually 1
Buy now
25% off until Sep 30th
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Electric vehicles in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Electric vehicles in India

Overview

5

EV infrastructure

6

Electric passenger cars

5

Electric two and three wheelers

6

Major players

4

Further Content: You might find this interesting as well

Topics

Electric vehicles in SpainAutomotive industry in SpainElectricity in SpainCommercial and off-highway vehicles in Spain and PortugalElectric vehicles worldwide
Access all statistics starting from $1,788 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$149 USD $199 USD
per month, billed annually 1
Buy now
25% off until Sep 30th
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu