Over 1.5 lakh EVs sold in India in FY19-20
The Society of Manufacturers of Electric Vehicles has realesed data on the number of EVs sold in the country in FY 19-20. The report says that the EV market has grown by 20 per cent.
But a break up of the numbers as per segments show that the industry still has some way to go to reach maturity. Out of the 1,56,000 EVs sold, there were 1,52,000 two-wheelers, 3,400 cars and 600 buses. In comparison, in FY 18-19, the number of two-wheelers sold were 1,26,000, while 3,600 cars and around 400 buses were sold as well.
The headlamp is an all-LED unit with horseshoe-shaped DRLs.
The body says that the drop in sales in the four-wheeler segment has been due to fewer bulk purchases being made by private firms and government bodies. Further, the discontinuation of cars like the e20 from Mahindra have led to a drop. However, electric cars at a higher price bracket have seen an increase thanks to launches like the Nexon EV, MG ZS EV and the Hyundai Kona Electric.
In the electric two wheeler space, 97 per cent of all sales came from electric scooters while the remaining three per cent were motorcycles and electric cycles. Significantly, over 90 per cent of the 1,52,000 electric two-wheelers were low-speed scooters that are limited to 25 kmph and do not need to be registered with RTOs. The study also stated that e-taxi and public transport segments have shown promise but are held back by infrastructure constraints and commitments by the state governments not translating into purchases.
Starts Rs 23.72 Lakhs
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