“A good thing has happened that people have started moving towards advanced lithium ion batteries,” says SMEV Director.
Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of electric vehicles in India fell 20% in the financial year 2020-21 to 2,36,802 units.
In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 2,95,683 units.
Also read: India to become No.1 EV maker in world: Nitin Gadkari
For FY21, the E2W segment sales declined by 6% to 1,43,837 units, as compared to 1,52,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 1,03,000 low-speed E2W.
The E3W segment registered sales of 88,378 units as against 140,683 units sold in FY20. The data doesn’t include E3Ws that are not registered with the transport authority, it said.
In the E4W segment, the industry witnessed registration of 4,588…
