The country saw a massive year-on-year surge in the demand for electric vehicles, with retail sales of electric two-wheelers rising by 58 per cent, passenger vehicles by 130 per cent, three-wheelers by 82 per cent, and commercial vehicles by 171 per cent in March 2023, according to the data shared by the Federation of Automobile Dealers Associations (Fada).
According to a report by JMK Research, the EV segment as a whole grew by 157 per cent during FY23, to 1,180,597 units, from 458,746 units a year ago.
Overall, EV sales in March 2023 rose by 82 per cent from the March 2022 figure, the JMK report added.
Okinawa Autotech has announced its Extended Warranty Program (EWP) across its entire range of electric vehicles. The scheme is announced in partnership with
Okinawa and Tacita establish R&D Centre in Europe, Electric Cruiser Motorcycle soon fonearena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fonearena.com Daily Mail and Mail on Sunday newspapers.
Okinawa to invest over Rs 220 crore to develop electric two-wheelers deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.