Indian Economy News

India registers 162% growth in EV sales this year

  • IBEF
  • April 1, 2022

Nitin Gadkari, the Minister for Road Transport and Highways, stated that India has seen a 162% increase in electric vehicle sales this year.

According to him, two-wheeler sales have climbed by more than five times by 423%, three-wheeler sales have increased by 75%, four-wheeler sales have increased by 238%, and bus sales have increased by 1,250%.

As of March 13 this year, India had 10,95,746 electric vehicles registered and 1,742 charging stations operational.

India’s objective for charging electric vehicles is to employ green energy wherever possible.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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