Retail gross sales of electrical automobiles within the nation has witnessed over three-fold bounce within the final fiscal with two-wheelers main the section, as per information compiled by Federation of Vehicle Sellers Associations (FADA). Complete electrical automobile (EV) retails stood at 4,29,217 models in 2021-22, a three-fold rise from 1,34,821 models within the monetary yr 2020-21.
Within the 2019-20 fiscal, complete EV gross sales had stood at 1,68,300 models. The auto sellers’ physique FADA additionally famous that electrical passenger automobile retail gross sales stood at 17,802 over the past fiscal, up over three-fold from 4,984 models in FY21. The section was led by Tata Motors with retails of 15,198 models and a market share of 85.37 per cent within the vertical.
(Additionally learn | Auto industry anticipated to reach pre-pandemic highs by FY2024, says FADA)
MG Motor India grabbed the second place with gross sales of two,045 models final fiscal with a market share of 11.49 per cent. It had retailed 1,115 models within the 2020-21 fiscal. Third and fourth locations have been grabbed by Mahindra and Hyundai Motor India respectively with dispatches of 156 and 128 models respectively, each settling for a market share of lower than 1 per cent.
Retail gross sales of electrical two-wheelers final fiscal stood at 2,31,338 models, a bounce of over five-fold from 41,046 models in 2020-21. Hero Electrical led the section with gross sales of 65,303 models, grabbing 28.23 per cent share within the home market. It was adopted by Okinawa Autotech which retailed 46,447 models final fiscal.
Ampere Automobiles took the third place with gross sales of 24,648 models whereas Hero MotoCorp-backed Ather Power stood at fourth place with registration of 19,971 models in 2021-22. Ola Electrical with gross sales of 14,371 models stood at sixth place, whereas TVS Motor Firm with registrations of 9,458 models took the seventh place final monetary yr.
Complete electrical three-wheeler gross sales final fiscal stood at 1,77,874 models, registering a rise of two-fold over 88,391 models within the earlier fiscal. Equally, gross sales of electrical business automobile rose to 2,203 models final monetary yr as in contrast with 400 models in FY21.
(with inputs from PTI)
First Printed Date: 10 Apr 2022, 12:46 PM IST
