Electric Vehicles Sales Report of 2023 | Electric Vehicles India
Hello friends this is adya and you’re watching electric vehicles India friends in this video let’s look at the sales report of 2023 and then let’s analyze the top performers related to December 2023 so in this video let’s have a look on how eeve industry performed in 2023 what’s the market share and which
Company performed well so without any delay let’s start the video friends firstly in 2022 10 lakh 25,8 electric vehicles were sold in India so in 2023 15 l219 electric vehicles were sold so compared to 20122 the electric vehicles market growth in India is 46% so in this 15 l219 electric vehicles 8 lak
41727 were two wheelers 5 L 72547 were three-wheelers and 8,30 we PVS I mean personal vehicles 377 we Goods vehicles 2,191 were electric buses and 647 were other category Vehicles so overall in this 2023 15 l219 electric vehicles were sold in India and when it comes to overall
Automobiles I mean by combining petrol Vehicles diesel vehicles CG Vehicles LPG Vehicles electric vehicles hybrid vehicles so overall 2 CR 36 64,9 automobiles were sold in India so in 2022 EV market share in overall automobile sales were 4.75% in this 2023 this market share has increased to
6.33% so in this overall 2 CR 36 lakh vehicles 6.33% of the vehicles were electric so according to a recent word by Mr nitin gkar who is our Union Minister by 2030 1 CR electric vehicles will be sold per every year so in this 2023 2 CR 36 lakhs of vehicles were sold
So by 23r 31 CR in this figure is going to be electric vehicles so now let’s look at the performance of electric two- wheelers in this 2023 overall 175 companies were selling electric two wheelers in our India in 2022 6 L 31,43 electric two- wheelers were sold
In this 2023 a total of 8 lak 41727 electric two wheelers were sold so compared to 2022 the electric two wheelers market share has increased by 33% But Here There is a in interesting thing to notice we all know that Fame to subsidy has increased in June 2023 so from January to May
38955 electric two wheelers were sold but when subsidy has been increased from June to December 45173 electric two wheelers were sold in India so if you look at this figure we can clearly say that people are showing interest to buy electric two wheelers before increasement of Fame to subsidy
Only 3.89 lakh electric two wheelers were so so but whereas after increase of f to subsidy 4.52 lakhs of electric two wheelers were sold so people are willing to buy electric two wheelers even though the prices has increased in India and the top three performers of 2023 are Ola
TVs and ather Ola sold 2ak 57899 electric two wheelers in 2023 and they occupied 30.6% of market share TVs sold 1 6434 units with 19.5% market share ather sold 1 3,14 units and they contributed 12.2% of the market share so this top three performers of 2023
Occupied 62% of the market share in 2023 now let’s look at the sales report of December 2023 related to Electric two wheelers from Jan to November electric two wheer sales were decent but in this December 2023 the sales of top 10 companies has been declined except Alla
Rest of the nine top 10 companies showed minus figures in their month-on-month grow growth so let’s look at the top five performers for this December month in the fifth place we have Amper gves they sold 4,412 units in November whereas G sold 2974 units in December the month-on-month growth of G’s
Mobility is minus 32.5% in the fourth place we have ather energy ather sold 9,254 units in November whereas they sold only 6,481 units in December the month-on-month growth of ather energy is minus 32% the third position we have have baj Auto baj sold 11,810 Bajaj electric scooters in
November month whereas they sold 10,323 units in December month and the month-on-month growth of baj isus 12.5% in second position we have TVs TVs sold 1976 electric two wheelers in November whereas they sold only 12,216 units in December the month-on-month growth of TVs is minus 35% the first place we have
Ola electric Ola sold 2998 units in November whereas they sold 3,219 units in December the month-on-month growth of Ola electric is plus 1% except Ola rest of the companies showed minus figure when it comes to month-on-month growth and this is the highest ever sales for Ola Electric in a particular month so in
Overall 2023 electric two fillers were show Positive Growth but in this December month electric two wheelers has negative growth so now let’s look at the top five performers of electric bikes in December 2023 so as of now we don’t have many options in electric bike category only these top five companies are performing
A bit decent in this 2023 December month so the top five performers of electric bike category in December 2023 are Revolt torque Motors hop electric ultraviolet automative and kabira Mobility Revolt sold 669 units in November whereas they sold 675 units in December the month-on-month growth of
Revolt is 1.34% in the second place we have torque Motors torque sold 395 electric bikes in November whereas they sold only 205 units in December the month-on-month growth is minus 48% the third place we have hop electric hop sold 11 Oxo electric bikes in November whereas they sold 20 Oxo electric bikes
In December the month on- month growth is 81% the fourth place we have ultraviolet Automotive they sold 10 bikes in November and 10 bikes in December so the month- on-month growth is zero in the fifth place we have kabira Mobility kabira Mobility sold four units in November and six units in
December the month- on-month growth is 50% so as you can see none of the top five companies are crossing 1,000 units in a particular month so let’s expect more budget electric bikes in this 2024 now let’s look at the performance of electric cars category overall in 2023
81870 electric cars were sold in India whereas in 2022 only 38257 electric cars were sold so compared to 2022 electric cars Market in our India saw 114 % of growth in 2023 so particularly in December month 7,124 electric cars were sold so overall in 2023 Tata has a market share of 73%
In the second place we have mg Motors third place is occupied by Mahindra and fourth place we have byd India so friends this is the sales report related to 2023 and December 2023 what’s your opinion on this sales report please let me know in the comments and
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