Electric Vehicle Sales Data India

Ev sales in india cross 7 5 lakh mark in fy2019.

Electric vehicle sales data india. However government s efforts to promote electric cars have been dismal and disappointing. Follow us on 1 st may 2019 8 00 am. Robust market growth is anticipated on account of rising number of government initiatives such as incentive schemes to encourage adoption of environment friendly electric vehicles growing consumer inclination towards electric vehicles concerns over harmful effects of air pollution and huge. It just formed a measly 0 067 per cent of the total car sales in india during the same time.

Get in touch society of manufacturers of electric vehicles smev plot no. The ev market in india was about 25 000 units at the end of 2016 17. India electric vehicle market is projected to grow at a cagr of over 37 during fy2018 fy2023. Fame ii may see sales reduce.

The indian electric vehicles ev market is at a very nascent stage comprising of only 1 of the total automobile sales. However ups and downs have occurred before. Sales ev sales in india for the year end 31 march 2016 was up 37 5 at 22 000 but of that only 2 000 units were cars. 57 udyog vihar phase iv sector 18 gurugram 122015 haryana india tel no.

Wattev2buy is looking for country ambassadors to supply ev and phev sales data or writing blogs on the ev market. According to a report only 1 071 units of electric cars were sold in india between april october 2019. Maruti suzuki india ltd maker of the sales leader alto i don t think the government or the car companies expect that in the next two to three years there will be any real buying of electric. The sale of electric 4 wheelers.

Indian new vehicle sales decreased by 3 9 in december 2019. While india s transport minister mr nitin gadkari had committed that india india will stick to its plan of having 100 electric mobility by 2030. India is a still a long way from warming up to electric cars and the sales data from april 2019 to october 2019 show that. 95 of the indian ev market is dominated by 2 and 3 wheelers.

Hence fy 2017 2018 saw de growth in sale of electric four wheelers where the sales are down year on year by 40 percent. Comparative sales growth for electric two wheelers was 130 percent year on year.