In the financial year of 2023, two-wheelers led the electric vehicle market in India, with sales reaching approximately 782 thousand units. This represented a substantial growth compared to the sales figures from the previous year. Meanwhile, the sales of four-wheeler electric vehicles stood at around 54.3 thousand for the same period. Notably, all sectors of the electric vehicle market witnessed significant growth that year.
With the growing environmental concerns, the acceptance of EVs is on the rise in India, with the willingness to invest in sustainable modes of transportation. However, this transition is not without challenges. Concerns about the availability of public charging infrastructure and the safety of battery technology are prevalent. Addressing these issues will be crucial in accelerating the adoption of EVs in the country.
Sales of electric vehicles across India in financial year 2023, by type
(in 1,000s)
Characteristic
Sales in thousand units
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ETAuto. (May 11, 2023). Sales of electric vehicles across India in financial year 2023, by type (in 1,000s) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/
ETAuto. "Sales of electric vehicles across India in financial year 2023, by type (in 1,000s)." Chart. May 11, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/
ETAuto. (2023). Sales of electric vehicles across India in financial year 2023, by type (in 1,000s). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/
ETAuto. "Sales of Electric Vehicles across India in Financial Year 2023, by Type (in 1,000s)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/
ETAuto, Sales of electric vehicles across India in financial year 2023, by type (in 1,000s) Statista, https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/ (last visited September 01, 2024)
Sales of electric vehicles across India in financial year 2023, by type (in 1,000s) [Graph], ETAuto, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1234761/india-electric-vehicle-sales-by-type/