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Blame three-wheelers! EV sales slump 20% in FY21 Two and three-wheeler EV sales accounted for nearly 96 per cent of all EV sales in the country in FY21 even as the share of three-wheeler, due to the slump in sales, has declined to 65 per cent from 83 per cent Sumant Banerji | April 14, 2021 | Updated 17:12 IST Sale of electric vehicles recorded a 20 percent slump in fiscal 2021 largely due to a steep 37 percent crash in electric three-wheelers - the largest segment, during the year. The fiscal saw registration of 134,619 units as against 168,311 units in fiscal 2020, data collated by CEEW Centre for Energy Finance s (CEEW-CEF) shows. This was the first time since fiscal 2015 that the category has recorded a decline. ....
Blame three-wheelers! EV sales slump 20% in FY21 Two and three-wheeler EV sales accounted for nearly 96 per cent of all EV sales in the country in FY21 even as the share of three-wheeler, due to the slump in sales, has declined to 65 per cent from 83 per cent Sumant Banerji | April 14, 2021 | Updated 17:12 IST Sale of electric vehicles recorded a 20 percent slump in fiscal 2021 largely due to a steep 37 percent crash in electric three-wheelers - the largest segment, during the year. The fiscal saw registration of 134,619 units as against 168,311 units in fiscal 2020, data collated by CEEW Centre for Energy Finance s (CEEW-CEF) shows. This was the first time since fiscal 2015 that the category has recorded a decline. ....