Electric Vehicle sales have declined upto 10.51% in January

According to FADA, retail sales of electric passenger vehicles fell 10.51 percent sequentially to 3,346 units in January 2023 from 3,739 vehicles sold in December last year. Tata Motors’ electric PV sales fell 17% in January, to 2,426 vehicles, compared to 2,926 units delivered in December 2022.

MG Motor sales volume fell 12.55 percent to 425 units, down from 486 units sold the previous month. According to FADA, BYD India reported a 164% increase in ePV volumes at 132 vehicles in January 2023 compared to 50 vehicles in December last year, while BMW India sales stood at 123 cars versus 29 units in December 2022.

Hyundai Motor India electric passengers vehicle sales were 111 units in the previous month, up from 91 units in December 2022.

Electric
credit: businessstandard

According to FADA data, electric CV sales were 23% lower at 131 units compared to 170 units in December last year. The sale of e-three wheelers fell 3% sequentially to 32911 vehicles in January this year, down from 33949 vehicles in the previous month of 2022. However, e-two-wheeler volumes remained flat at 64,363 vehicles in December 2022, compared to 64,348 units sold in December 2022, according to data released on Tuesday by the Federation of Automobile Dealers’ Association (FADA).

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