Electric Vehicle Sales In India 2024 Election. However, it’s not as high as in the previous two years, which were over 209% in 2022 and 166% in 2021. Electric vehicles (evs) constituted 2.3% of the market share, experiencing a decline of 15% compared to q2 2023, with 25,000 evs sold.
Despite economic concerns, election uncertainties and intense competition, the 2w segment showcased strategic evolution, especially in the premium and electric. Data from the government’s vahan website shows that from april 2023 to march 2024, india saw the purchase of 1,665,270 evs, averaging 4,562 evs sold each.
Govt To Expand Electric Vehicle Ecosystem To Support Charging Infra, Says Sitharaman.
A recent report highlights that india's electric vehicle (ev) sales, have nearly doubled in 2023.
Electric Vehicles (Evs) Could Account For More Than 40% Of India’s Automotive Market And Generate Over $100 Billion Of Revenue By 2030.
However, it’s not as high as in the previous two years, which were over 209% in 2022 and 166% in 2021.
Boosted By New Product Launches, The Electric Car Segment Improved In January 2024 Showing Both Yoy And Mom Growth.
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A Recent Report Highlights That India's Electric Vehicle (Ev) Sales, Have Nearly Doubled In 2023.
Boosted by new product launches, the electric car segment improved in january 2024 showing both yoy and mom growth.
Electric Vehicle Sales Gained Momentum In 2022 With Total Sales Increasing By More Than 211 Per Cent From Sales In Fy21.
Jbm auto sold the most electric buses in january 2024, followed by tata motors and olectra greentech.