Electric PV retail data sees 114.71% jump in CY 2023, as per FADA

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.