Electric two-wheeler sales in India have risen over two-and-half fold to 846,976 units in FY23: SMEV
- IBEF
- April 11, 2023
As per the Society of Manufacturers of Electric Vehicles (SMEV), electric two-wheeler sales in India have risen over two-and-half fold to 846,976 units in FY23 over the previous year. In 2021-22, the total sales of electric two-wheelers (E2W) were at 327,900 units.
Further, in FY23, the sales of low-speed (LS) e-scooters with a top speed of less than 25 km/her stood at 1.2 lakh and the remaining were high-speed E2W (top speed more than 25 km/hr)
In 2021-22, sales of low-speed e-scooters were at 75,457 units, while those of high-speed e-scooters were at 252,443
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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