Electric vehicle retail sales grow across segments in FY24: FADA
NEW DELHI: Electric vehicle retail sales in India increased last fiscal with all the segments, including passenger vehicles and two-wheelers, witnessing enhanced registrations, according to automotive dealers' body FADA. The overall sales of electric passenger vehicles rose to 90,996 units in 2023-24 as compared to 47,551 units in FY23, registering an increase of 91 per cent.Tata Motors led the segment with registrations of 64,217 units, up 66 per cent over 38,728 units in the 2022-23 financial year.Similarly, registrations of electric two-wheelers rose by 30 per cent to 9,47,087 units in 2023-24 fiscal as compared to 7,28,205 units in FY23.Ola Electric led the space with retail sales of 3,29,237 units, followed by TVS Motor Company with registrations of 1,82,969 units.Electric three-whee...