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Electric vehicles sales jump 142% in three years- Business News

Electric vehicles sales jump 142% in three years The upfront cost of electric vehicles is higher than the internal combustion engine (ICE) vehicle. However, the operational cost of electric vehicles is lower than the ICE vehicles Niti Kiran | March 16, 2021 | Updated 17:31 IST Representative Image The demand for electric vehicles in the country has grown over two times in the last three years. The number of registered electric vehicles as per e-vahan portal jumped from 69,012 in FY18 to 167,041 in FY20, informed the Minister of State for Heavy Industries & Public Enterprises Arjun Ram Meghwal in the Parliament today. This takes the total count of electric vehicles sold in the country to 3.79 lakh units in the last three years.

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