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. 

09 Jan 2024 | 6673 Views | By Autocar Professional Bureau

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. 

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