Electric Vehicle Sale Witnessed 3x Growth In FY22 In India

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SUMMARY

According to FADAI data, 4,29,217 EVs were sold in FY22, compared to 1,34,821 in FY21

Electric two-wheelers till now account for the majority of EV sales

In FY22, electric two-wheeler retail sales were at 2,31,338 units, as opposed to 41,046 units in FY21

Amid the Indian government’s push for the electric vehicle (EV) adoption, the market has seen more than three times growth in financial year 2022 (FY22). According to the Federation of Automobile Dealership Associations of India (FADAI) data, 4,29,217  units of…



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Electric Vehicle Sale Witnessed 3x Growth In FY22 In India


SUMMARY

According to FADAI data, 4,29,217 EVs were sold in FY22, compared to 1,34,821 in FY21

Electric two-wheelers till now account for the majority of EV sales

In FY22, electric two-wheeler retail sales were at 2,31,338 units, as opposed to 41,046 units in FY21

Amid the Indian government’s push for the electric vehicle (EV) adoption, the market has seen more than three times growth in financial year 2022 (FY22). According to the Federation of Automobile Dealership Associations of India (FADAI) data, 4,29,217  units of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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