Electric Vehicle Sales Data India

Indian new vehicle sales decreased by 3 9 in december 2019.

Electric vehicle sales data india.

95 of the indian ev market is dominated by 2 and 3 wheelers. Comparative sales growth for electric two wheelers was 130 percent year on year. Indian new vehicle sales in december 2019 were down 3 9 y y to 302 408 units versus 314 676 units in december 2018. Follow us on 1 st may 2019 8 00 am.

India electric vehicle market is projected to grow at a cagr of over 37 during fy2018 fy2023. The indian electric vehicles ev market is at a very nascent stage comprising of only 1 of the total automobile sales. The current slump in electric vehicle sales does not necessarily indicate a change in trend. 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.

Ev sales in india cross 7 5 lakh mark in fy2019. 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. However ups and downs have occurred before. 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.

Wattev2buy is looking for country ambassadors to supply ev and phev sales data or writing blogs on the ev market. 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 had only around 6 000 electric vehicles registered at the end of 2015. According to a report only 1 071 units of electric cars were sold in india between april october 2019.

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. 57 udyog vihar phase iv sector 18 gurugram 122015 haryana india tel no. However government s efforts to promote electric cars have been dismal and disappointing.

The sale of electric 4 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.