The government’s relentless push toward EVs, rising fuel costs, and consumers’ growing appetite for environment-friendly mobility solutions have all contributed to a manifold rise in the sale of electric vehicles in 2021-22. According to data compiled by the automobile dealers' body Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India increased three-fold in 2021-22.
Total electric vehicle (EV) sales touched 4,29,217 units in 2021-22, a three-fold rise from 1,34,821 units in 2020-21. The drop in sales in 2020-21 in comparison to 2019-20 is palpable considering the impact of the Covid pandemic.
Electric two-wheeler retail sales occupied the bulk of the total EV sales with 2,31,338 units sold in 2021-22, in comparison to just 41,046 units sold in 2020-21. Hero Electric, with sales of 65,303 units in 2021-22 had a 28.2% share of the two-wheeler EV sales in India.
The total electric three-wheeler sales touched 1,77,874 units in 2021-22, registering a two-fold increase with just 88,391 units sold in 2020-21.
The electric passenger vehicle retail sales touched 17,802 units during 2021-22, from just 4,984 units in FY20-21. Tata Motors had an 85.4% share with sales of 15,198 units in 2021-22. MG Motor India, with sales of 2,045 units had a market share of 11.5%. The electric commercial vehicle sales rose to 2,203 units in 2021-22 compared with only 400 units in the previous fiscal.
The sales of passenger vehicles continue to remain subdued compared to 2 and 3-wheeler sales given the as-yet underdeveloped charging network across the country.
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Jitesh Surjiani
Jitesh Surjiani is passionate about progressive change for India and its citizens. He writes about issues that are roadblocks in improving quality of life and interpersonal interactions as well as areas of public governance that fall short in intent and action.
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