Monday, May 16, 2022

Indian EV sales witness massive 240% YoY growth, Okinawa and Tata lead their respective markets

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With petrol and diesel prices touching all-time highs, the Indian auto market is witnessing a paradigm shift. An increased number of automakers are hopping on to the all-electric bandwagon and EV sales have risen significantly as well.

A good indicator of this is the report from JMK Research shows that the Indian EV market has registered a 240% growth year-on-year basis in December 2021 as per sales.

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A total of 50,800 vehicles were purchased during December 2021, as per the report, which is 21% higher than the 42,055 figure recorded in November 2022.

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The gap gets wider if you consider that the EVs registered across, put one salute only that’s all.

electric vehicles india feat
Source: 91mobiles

The hap gets even wider when December 202 is brought about the picture, with 15,978 vehicles known for university and he as put offline class for held.

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