Electric PV retail data sees 114.71% jump in CY 2023, as per FADA
As per their data, electric passenger vehicles saw a 114.71% jump in CY 2023, at 82,105 units, versus 38,240 units in CY 2022.
By Autocar Professional Bureau
6451 Views
The Federation of Automobile Dealers Associations has released data for electric vehicles for the calendar year 2023.
As per their data, electric passenger vehicles saw a 114.71% jump in CY 2023, at
82,105 units, versus 38,240 units in CY 2022.
The share for electric three-wheelers stood at 60.3% in December 2023, versus 51.8% in December 2022.
The electric vehicle CV market share rose from 0.37% in December 2022 to 1.13% in December 2023.
RELATED ARTICLES
India Eases FDI Rules for Land-Border Investors, Offering Boost to Electronics Manufacturing
Mukul Yudhveer Singh
10 Mar 2026
Revised policy allows up to 10% beneficial ownership under the automatic route and introduces faster approvals for inves...
Qualcomm and Wayve Partner to Bring Production-Ready AI to Automotive Driving Systems
Sarthak Mahajan
10 Mar 2026
The collaboration integrates Wayve's end-to-end AI driving software with Qualcomm's Snapdragon Ride platform, giving aut...
Cabinet Clears Changes to FDI Policy for Investments from Land-Bordering Countries
Arunima Pal
10 Mar 2026
India had tightened FDI rules in April 2020 to prevent opportunistic acquisitions of domestic companies during the econo...
