Electric vehicle sales in India jumped 49.25% year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile Dealers' Association on Tuesday.
The EV industry had recorded a total sales of 10,25,063 units in 2022, as per the data.
The two-wheeler sales grew 36.09% to 8,59,376 units in the just-concluded year against 6,31,464 units in 2022, it said.
The e-three-wheeler sales volumes surged 65.23% year-on-year to 5,82,793 units from 3,52,710 units sold in 2022.
E-commercial vehicles sales rose 114.16% year-on-year to 5,673 units in 2023 compared to 2,649 vehicles in the preceding year.
Electric passenger vehicle sales grew 114.71% to 82,105 units last year against 38,240 vehicles in 2022, as per the FADA data.
RECOMMENDED FOR YOU
Q1 Results Today: IndiGo, Tata Steel, Power Grid, Hyundai Motor India And 111 Others TO Declare Earnings
Jul 30, 2025
Hyundai, Tata Steel, IndiGo, Indus Towers, Power Grid Q1 Results Today — Earnings Estimates
Jul 30, 2025
Auto Q1 Preview: Tepid Quarter For Hyundai, Maruti, Tata Motors; Profits Expected To Fall 11–29%
Jul 29, 2025
IDBI Bank Q1 Updates: Net Advances Jump 9%, Deposits Up 7%
Jul 04, 2025
POPULAR