Electric Vehicle: Craze For Electric Vehicles increasing

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Electric Vehicle: Sales of electric vehicles in the country increased by 49.25 percent per year to 15,29,947 units in 2023. This information was given by the Federation of Vehicle Dealer Associations (FADA) on Tuesday. The EV industry to sell 10,25,063 vehicles in 2022, data shows. Two-wheeler sales recently increased by 36.09 percent to 8,59,376 units in 2022 from 6,31,464 units. Sales of three-wheeler electric vehicles also increased by 65.23 percent year-on-year from 3,52,710 units to 5,82,793 units in 2022.

Sales of e-commercial vehicles also increased

Year-on-year sales increased by 114.16 percent to 5,673 units from 2,649 units last year. According to FADA data, sales of electric passenger vehicles increased by 114.71 percent to 82,105 units last year, which will grow to 38,240 units in 2022. Union Road Transport Minister Nitin Gadkari recently said that 1 crore electric vehicles will be sold in the country by 2030. He believed that this would create approximately five crore jobs. According to vehicle data, there are already 34.54 lakh EVs registered in India.

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promoting electric vehicles

The government has allowed conversion to hybrid and fully electric vehicles (EV). Union Minister Nitin Gadkari said that final rules have been made for this. And the technology has been demonstrated successfully. He said that the government aims to rapidly develop EVs in the public transport and logistics sector. To promote electric vehicles across the country, state governments have tried to provide subsidies on these vehicles. Registration fee is also waived. People buying new vehicles in Uttar Pradesh will not have to pay registration fees, and the government is refunding the old registration fees.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: January 10, 2024

Posted By Rahul Bhardwaj

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