According to the database, a total of 19.28 lakh electric cars have been registered since the database’s inception. Official figures, sales of electric vehicles in India are expected to surpass 10 lakh in 2022.
According to data from the Ministry of Road Transport and Highways’ Vahan database, 9.95 lakh electric cars have been registered in India as of 2022, a threefold rise from 3.22 lakh in 2021 and an increase of more than eightfold from 1.21 lakh in 2020. The statistics does not include Telangana registrations, which might indicate that the number has already surpassed 10 lakh.
The major drivers of development have been EV fleet operators and people purchasing two-wheelers. According to The Economic Times, manufacturers such as Ola Electric, Tata Motors, and Ather Energy stand to benefit the most from rising EV usage.
“Our aggressive approach in the EV market helped us be the first Indian automaker to achieve the 50,000 EV sales milestone this year,” said Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility.
Multiple product launches announced by key industry participants, increased acceptance of EVs with hurdles to adoption decreasing, and tough pollution rules requiring automakers to include EVs in their portfolio are all boosting market growth, according to Chandra.
“In the previous several months, the growth momentum in the electric two-wheeler business has been increasing favourably. “There will be more electric two-wheeler product introductions at competitive pricing points in the coming years, which will assist drive their acceptance,” said Hero Electric CEO Sohinder Gill.
Vehicle retail sales, including electric and fossil-fuel-powered vehicles, totaled 15.37 lakh units in December, a decrease from about 24 lakh units the previous month. By 2030, the government expects EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers.
According to the newspaper, sales of electric two-wheelers in India are predicted to increase 24 times from their present level to 1.769 crore units by 2030, citing a survey by venture capital company Blume.
In India, there are 13,34,385 electric vehicles in operation and 27,81,69,631 non-electric vehicles. (2022)
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