Electric car sales in India register 268% growth to cross 18,000 units in H1 FY2023
Consistent month-on-month growth augurs well for this EV sub-segment. Tata Motors maintains commanding 85% share while MG Motor India takes 8% with a single product.
Not a day goes by without news electric mobility, be it about electric vehicles, new technology advances or sales numbers. Demand and sales of electric two- and three-wheelers – the ‘low-hanging fruit’ of the Indian EV industry – have been on the upswing for quite some time now. In fact, at 277,910 units, sales of e-two-wheelers in April-September 2022 are a 404% increase over H1 FY2022’s 55,147 units. While the electric car sector’s numbers are nowhere near that volume given their substantially higher pricing, the fact is that demand is on the rise.
The latest retail numbers, as tweeted ...
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