Electric vehicle registrations under the Pune RTO increased by over 4 per cent in 2025 compared to 2024 after the low GST of 5 per cent was retained in last year’s tax overhaul. There was a significant spike of 87 per cent in EV cars’ registration, but the number of EV two-wheelers dipped by over 7.2 per cent (see box).
Rejeev YSR, an EV expert and CEO of Telangana-based ThunderPlus, told TOI that the trend reflected a deeper structural shift rather than short-term incentives. “Total cost of ownership is becoming better understood. Lower running and maintenance costs now outweigh the initial price barrier, especially for high-usage segments like cars, taxis, and commercial fleets. Consumer confidence also improved as EV technology matured — better range, improved battery warranties, and growing resale confidence reduce perceived risk,” he said.
Urban users respond to fuel price volatility and environmental awareness, making EVs a rational choice rather than an aspirational one, Rejeev added. “While charging infrastructure may appear limited, it is becoming denser and smarter in key urban corridors. Early adopters prove viability, encouraging the next wave of buyers.”
Amar J Sheth, the secretary of FADA (Federation of Automobiles Dealers Associations) said, “The rise in registrations in Pune shows that people buying are those who now see value in EV. The products are now becoming more stable and technically sound.”
Retailers said one of the reasons behind low registration of EV two-wheelers was servicing issues. “That is not the case with cars. Many automobile companies launched EV hatchbacks that are affordable for a middle-class family,” the manager of an EV showroom in Camp told TOI.
Rohan Singh (name changed on request), who owns a two-wheeler of a popular brand, said, “Two months back, I registered a complaint with the company after the front suspension of my two-wheeler failed. I am still waiting without any response. Such incidents dampen the spirit of buyers,” he said.
