Electric vehicle sales reached 1.52 million units in 2023, marking a 49% increase, as disclosed by FADA.

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Electric vehicle sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile Dealers’ Association (FADA) on Tuesday.
  • Two-wheeler sales saw a 36.09% growth, reaching 8,59,376 units in the recently concluded year, compared to 6,31,464 units in 2022.
  • The EV industry recorded a total sales of 10,25,063 units in 2022, as per the data.
  • The two-wheeler sales grew 36.09 percent 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 percent year-on-year to 5,82,793 units from 3,52,710 units sold in 2022.

 

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

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