EV Sales Increase by 28.1% MoM

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E2Vs capture 2/3rds of the market.

With a YoY leap of more than 200%, the overall EV sales in India for the month of October 2022 reached 1,19,889 units. October 2021 saw 38,684 units being sold. 

Accounting for 93.16% E2Vs and passenger-type E3Vs are currently ruling the market. The shares of these categories were followed by E-Cars (4.16%), cargo-type electric three-wheelers (2.47%), and so on.

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Maharashtra held the highest EV registration with a rise in sales to more than 44% for the month. This was followed by Uttar Pradesh (15%); Rajasthan and Karnataka each with a 9% shared third place. This was followed by Delhi (7%), Gujarat (6%), and Bihar (5%). Delhi witnessed a rise of more than 69% in registrations this month. The highest rise in registrations however was witnessed by Chhattisgarh (82%) this month.


 

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