tops the list in sales of  across all segments which have availed of the  II subsidy, followed by Karnataka, Tamil Nadu, Gujarat and Rajasthan.

The top five states collectively account for over 56 per cent of the 0.85 million  bought through the scheme, according to government data and span two wheelers, three wheelers, e-rickshaws, and four wheelers. The trend of the top states is akin to registrations of internal combustion engine (ICE) vehicles though with one exception: Uttar Pradesh which accounts for 11 per cent all vehicle registrations based on data to March 31st 2019 (when it was predominantly petrol and diesel) and was ranked at number two, has lost its position in the top five in the electric sweepstakes.

Government data shows that the total disbursement to date is Rs 3,775 crore. The latest budget has earmarked Rs 5,500 crore till March FY24. The subsidies vary substantially depending on the vehicle. They can range from Rs 20,000 for an electric two wheeler to as much as Rs 3 lakh for a car. But the average subsidy across all types works out to around Rs 44,000 per vehicle. Electric two wheelers account for 89 per cent of the total electric vehicle sales.

Read more: