EV sales reach 2,80,000 units, Sales Report-Bajaj,
MG Motor, Tata, MG Motor, TVS
The sales of electric vehicles have reached to 2,80,000 units till November in India. The sales list includes most of the three-wheelers that run on a lead acid-batteries. The Union government has made a decision that EVs with lead-acid batteries will be stopped from receiving benefits of government incentives in the second phase of the FAME Scheme.
The government is looking towards promoting the manufacturing and use of electric vehicles to reduce India’s carbon footprint and crude oil imports. The Faster Adoption and Manufacturing of Hybrid and electric vehicles (FAME 2) Scheme were adopted to develop the commercial vehicle fleet with an outlay of ₹10,000 crores in March 2019.
There are several states who have made their own EV policy to promote the electric vehicles in the last two years. The States includes Maharashtra, Karnataka, Andhra Pradesh, Delhi, etc.
The sales of electric vehicles excluding e-rickshaws, in India grew by 20 per cent at 1.56 lakh units in 2019-20 by two-wheelers said Society of Manufacturers of Electric Vehicles (SMEV).
The total sales of EVs in India stood at 1.3 lakh units in 2018-2019. Out of them, the total sales in FY20, 1.52 lakh units were two-wheelers, 3,400 cars and 600 buses. The sale for 2018-19 was 1.26 two-wheelers, 3,600 cars and around 400 buses SMEV said in a statement.
This figure does not include e-rickshaws which is still largely with the unorganized sector with a reported sale of around 90,000 units. The corresponding figures of the e-rickshaws sold in the previous year have not been documented said SMEV.
The growth of EVs sales in India is due to electric two-wheelers. “In the E2Ws sold in FY2019-20, 97 per cents were electric scooters and a very small volume of motorcycles and electric cycles filled the rest of 3 per cent. Low-speed scooters that go at a max speed of 25km/hr and do not need registration with the transport authorities constituted a whopping 90 per cent of all the E2Ws sold,” it added.
The SMEV said, “the acceptability of electric cars in the premium segment in the second half of the year was a positive signal of a quantum jump of a much higher volume of e-cars in FY 20-21.”
Commenting on the sales performance, SMEV Director General Sohinder Gill said, “the EV industry is taking shape and we believe that despite the COVID-19, FY20-21 will be a defining year for all the EV segments.”
At the year start itself, we have witnessed some great EVs launch in India. All the EV launches are from big manufacturers in India such as Bajaj Auto, Tata Motors, Ather Energy, etc. Read the article below to know in detail.
EV sales in India
Bajaj Auto- Bajaj electric scooter sales
The deliveries of the Bajaj electric scooter began in March 2020 and that too in the cities of Pune and Bengaluru. The company sold 91 units of the electric scooter in March 2020 under its brand Urbanite.
The Chetak is sold in two variants which are Urbane and Premium, priced at ₹ 1 lakh and ₹ 1.15 lakh respectively (ex-showroom, Pune).
MG Motor India- MG ZS EV sales
Whereas, on the other hand, MG Motor India registered zero domestic sales for the month of April 2020. MG Motor India sold a total of 1,518 units in March 2020, which is a growth of 10.32 per cent over sales figures of February 2020 which includes 116 units of the MG ZS EV and 1,402 units of the MG Hector.
The company sold a total of 1,376 units in February 2020 with 158 unit sales for the ZS electric SUV and 1,218 units of the MG Hector. in total MG Motor India sold 3,130 units in January 2020.
Tata Motors-Tata Nexon EV
The Tata Nexon EV has been the most sold car, the company sold about 198 Nexon EVs in March, despite the whole lockdown situation due to the Coronavirus pandemic outbreak. This electric SUV is available across 60 dealerships across 22 cities in the country.
Hyundai Kona EV
India’s longer-range electric SUV the Hyundai Kona EV has sold limited units. The South Korean carmaker managed to retail 14 units of the Hyundai Kona electric SUV in March.
But the company seems to be lucky in terms of plug-ins. After the first three months of 2020, Hyundai sold 17,351 plug-ins whereas last year the number was 17,036.
TVS Motor- TVS iQube
The TVS Motor was able to sell only 18 units in FY2020 from 1 April 2019 to 31 March 2020. The sales hit 212 and 62 units, respectively.
Due to the COVID-19 pandemic worldwide, the growth of EVs and many sectors have been slow down. After the lockdown we can expect that the EVs sales will pick up automatically as people are witnessing how the mother earth is healing without the petrol or diesel vehicles emission is not mixing up in the air. Hopefully, people will realise the importance of electric vehicles and how they are helping us to keep our environment cleaner and greener.
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