Even ex-Vedanta CEO John Slaven had highlighted last year that the growing impact of electric vehicles, particularly four-wheelers, on the aluminium industry. He had explicitly said, “I think (electric) four-wheelers is where we expect to see the largest growth. There’s more (aluminium) content per vehicle than in a two-wheeler. And then also, as the four-wheelers become electrified, there’s more aluminium per EV than there is per IC (internal combustion) engine.”
After touching the 2 million mark of EV sales, with a total of 2,022,873 units in 2024, India continued to record a growth in EV sales, reaching 1,67,629 units in April 2025, up 44.62 per cent Y-o-Y. While Western markets like the US and Europe are facing headwinds from tariffs and policy uncertainty, India’s EV sector continues on an upward trajectory. In the first quarter of the year, the sales figure stood at 5,14,198 units, compared to 4,99,930 units sold in the same period of 2024.
