Electric vehicle registrations in Pune have witnessed a significant uptick in 2025, showcasing a clear shift in consumer preference towards greener mobility. The data from the Pune Regional Transport Office (RTO) reveals a growth of over 4% compared to the previous year, a trend largely fueled by the continued low Goods and Services Tax (GST) rate of 5% on EVs.
A Tale of Two Segments: Cars Soar, Two-Wheelers Dip
The overall numbers tell a story of growth, but a deeper look reveals a divergent trend between vehicle categories. The Pune RTO recorded 37,470 EV registrations in 2025, up from 35,995 in 2024. However, this aggregate figure masks a crucial split.
Registrations for electric four-wheelers experienced a dramatic surge, with 7,498 vehicles registered in 2025 against 4,935 in 2024. This represents an impressive increase of 87%, indicating robust demand in the passenger car segment.
In contrast, the electric two-wheeler segment saw a decline. Registrations stood at 28,823 last year, down from 31,068 in 2024, marking a dip of over 7.2%.
Expert Insights: Market Maturation and Structural Shifts
Industry experts interpret this data not as a slowdown in EV adoption but as a sign of the market evolving. Rejeev YSR, an EV expert and CEO of ThunderPlus, emphasized that the trend reflects a deeper structural shift. He pointed out that consumers are now better understanding the total cost of ownership, where lower running and maintenance costs are outweighing the initial price barrier, especially for cars, taxis, and commercial fleets.
"Consumer confidence has improved as EV technology matured — better range, improved battery warranties, and growing resale confidence reduce perceived risk," Rejeev told TOI. He added that for urban users, EVs are becoming a rational choice driven by fuel price volatility and environmental awareness, rather than just an aspirational purchase.
Amar J Sheth, Secretary of the Federation of Automobiles Dealers Associations (FADA), echoed this sentiment, stating, "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."
Challenges in the Two-Wheeler Arena
The dip in two-wheeler registrations is attributed to several practical challenges faced by consumers. Retailers and users cite servicing issues and safety concerns as major deterrents. An anonymous manager of an EV showroom in Camp explained that some brands have struggled with their maintenance systems, leading to long waiting periods for repairs, which has dampened buyer confidence.
"There were also frequent incidents of two-wheelers catching fire suddenly. That is not the case with cars," the manager added, highlighting a key safety perception gap. The launch of affordable EV hatchbacks has further diverted attention towards the four-wheeler segment for middle-class families.
Rohan Singh, a two-wheeler owner, shared his frustrating experience: "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."
Consolidation vs. Growth Phase
Rejeev YSR provided a macroeconomic perspective on the divergence. He explained that electric two-wheelers were the first to see mass adoption, driven by early subsidies and low entry prices, and that segment is now closer to saturation among early adopters.
"The tapering of central subsidies, price corrections, and concerns around battery quality, safety incidents, and resale value made entry-level buyers more cautious and price-sensitive," he noted.
On the other hand, he positioned electric cars at an inflection point. "Buyers now have far more credible choices across price bands, significantly better battery capacities, real-world ranges of 400km-500km, and access to ultra-fast charging. For urban and intercity users, EV cars now offer a compelling total cost of ownership advantage over ICE vehicles," Rejeev stated.
In summary, the Pune EV registration data for 2025 paints a picture of a market in transition. While two-wheelers undergo a phase of consolidation and heightened consumer scrutiny, four-wheelers are decisively entering a high-growth phase, supported by technological maturity, infrastructure development, and undeniable economic logic for the user.