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TIMESOFINDIA.COM | Apr 22, 2021, 13:02 IST NEW DELHI: The EV industry sold 2,36,802 electric vehicles in FY21 as compared to 2,95,683 units in FY20, recording a 19.91 per cent degrowth, Society of Manufacturers of Electric Vehicle (SMEV) informed on Thursday. In the E2W segment, the industry registered sales of 143,837 units, which include 40,836 high-speed and 103,000 low-speed E2W. The sales of E2Ws declined by 6% in FY21, having registered sales of 1,52,000 units in the FY20. The E3W segment registered sales of 88,378 E3W as against 140,683 units sold in FY20. The data doesn’t include E3Ws that are not registered with the transport authority. In the E4W segment, the industry witnessed registration of 4,588 units compared to 3,000 units in FY20. ....
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. ....
Okinawa EV sales grew by 30 per cent in the wake of rising fuel prices Updated Mar 15, 2021 | 14:21 IST Okinawa reported a 30 per cent sales growth in the last quarter as well as a 3X increase in inquiries for electric two-wheelers. The company has chalked out this growth to rising fuel prices in India. Okinawa EV sales grew by 30 per cent in the wake of rising fuel prices The increasing fuel prices have made travelling for many Indians an extremely expensive affair. The unprecedented hike in the prices of petrol and diesel is burning a hole in the common man s pocket. Under usual circumstances, people would have dealt with this situation by relying on more ion public transportation. However, the pandemic is still keeping people away from buses and metro rails. As a result, motorists are now switching to alternatives like electric vehicles. The demand for EVs, especially electric two-wheelers, has witnessed a substantial surge over the l ....
Etrio launches leasing scheme for cargo e-three-wheeler Touro Mini, rental starting from Rs 6,300 SECTIONS Last Updated: Feb 25, 2021, 05:31 PM IST Share Synopsis The three-wheeler segment accounts for over 90 per cent of the overall EV sales in the country but the majority of it has been led by the unorganised e-rickshaw market, with lead-acid batteries, poor build quality, numerous breakdowns, and lack of stability of the product, the company said in a release. EV startup Etrio on Thursday launched a vehicle leasing scheme for its newly launched cargo e-three-wheeler Touro Mini, offering customers a monthly rental starting from Rs 6,300 for a maximum period of three years. ....