EV sales jumps 49% to 15.29 lakh units in 2023: FADA

Electric vehicle (EV) sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, shows data released by FADA
EV sales jumps 49% to 15.29 lakh units in 2023: FADA
EV sales jumps 49% to 15.29 lakh units in 2023: FADAEnergy Watch

Mumbai: Electric vehicle (EV) sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to data released by the Federation of Automobile Dealers' Association (FADA) 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 per cent 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 per cent year-on-year to 5,82,793 units from 3,52,710 units sold in 2022.

EV sales jumps 49% to 15.29 lakh units in 2023: FADA
Nexzu Mobility plans to set up smart EV park in Gujarat, invest Rs 5,000 cr in 10 years

E-commercial vehicles sales rose 114.16 per cent 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 per cent to 82,105 units last year against 38,240 vehicles in 2022, as per the FADA data.

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