95 of the indian ev market is dominated by 2 and 3 wheelers.
Electric vehicle sales data india.
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Ev sales in india cross 7 5 lakh mark in fy2019.
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Indian new vehicle sales in december 2019 were down 3 9 y y to 302 408 units versus 314 676 units in december 2018.
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.
The sale of electric 4 wheelers.
The ev market in india was about 25 000 units at the end of 2016 17.
However ups and downs have occurred before.
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.
The indian electric vehicles ev market is at a very nascent stage comprising of only 1 of the total automobile sales.
Hence fy 2017 2018 saw de growth in sale of electric four wheelers where the sales are down year on year by 40 percent.
However government s efforts to promote electric cars have been dismal and disappointing.
Fame ii may see sales reduce.
Get in touch society of manufacturers of electric vehicles smev plot no.
India electric vehicle market is projected to grow at a cagr of over 37 during fy2018 fy2023.
India had only around 6 000 electric vehicles registered at the end of 2015.
The current slump in electric vehicle sales does not necessarily indicate a change in trend.
Comparative sales growth for electric two wheelers was 130 percent year on year.
Indian new vehicle sales decreased by 3 9 in december 2019.
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.
57 udyog vihar phase iv sector 18 gurugram 122015 haryana india tel no.