Trend in Leading Indian States from Jan 2024 to Mar 2024 (Q4 FY 23-24)
Source: Vahan and Telengana Open data portal. Low-speed 2W data not included
Category-wise Trend in Leading Indian States for Q4 FY 23-24
Observations
Uttar Pradesh has the highest share (16.07%) of electric vehicles sold, with 83,154 units in Q4 FY 23-24. Of the total EVs sold in Uttar Pradesh, 56.8% (47,269 units) are passenger e-rickshaws.
E-2-wheeler sales are maximum for the states of Maharashtra, Karnataka, Tamil Nadu, Kerala, and Uttar Pradesh, which have a combined share of 55.16% in India’s high-speed e-2W sales.
Uttar Pradesh and Bihar have the maximum sales in the e-rickshaw category with approx. sales share of 41.3% and 15.6%, respectively, of all e-rickshaws sold in India in Q4 FY23-24.
Karnataka registered the highest sales of e-4Ws with 3,802 units for Q4 FY 23-24, followed by Maharashtra and Delhi with 3,655 and 2,944 units sold, respectively.
Karnataka has the highest e-Bus sales, with 419 units sold for Q4 FY 23-24.
Source: EVreporter Q4 FY2023-24 report, Vahan and Telengana Open data portal. Low-speed 2W data not included.
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Being a discoverer of all current affairs and in-depth learnings of successful businesses and entreprises, Nelson finds passion in authoring business articles and blogs. He is the Content Curator at Newsbizkoot Business News which he is journeying into the most viewed business news media platform