Electric Vehicles In India Market Share. India electric vehicle market by two. The share of evs increased slightly from 4.1% in 2022 to 5% in 2023.
Increasing manufacturing of electric vehicles in the country with the rising demand, leads to increased ev availability. Electric vehicles (evs) constituted 2.3% of the market share, experiencing a decline of 15% compared to q2 2023, with 25,000 evs sold.
India’s Electric Vehicle (Ev) Market Is At An Inflection Point.
The share of evs increased slightly from 4.1% in 2022 to 5% in 2023.
Share Of Battery Electric Vehicles In Passenger Vehicle Market In India From 2018 To 2023
Tata leads in evs with 86% of the market share from just two models:
Steps = Stated Policies Scenario;
Images References :
According To The Report Published By Virtue Market Research In India Electric Vehicle Market Was Valued At Usd 8.19 Billion And Is Projected To Reach A Market Size Of Usd 115.63.
India is paving its own way when it comes to the adoption of electric vehicles.
India’s Ev Industry Hits Record Sales Year Across All Vehicle Segments, Accounting For 5.59 Per Cent Of Overall Automobile Sales.
Sales as tracked in vahan portal.
India’s Electric Vehicle (Ev) Market Is At An Inflection Point.
