Electric scooters, which tripled in sales in FY23, accounted for the bulk of the industry's volumes, with sales climbing 30% in March from the preceding month.
Interestingly, EV sales in India rose 153% in FY23 from the previous year to 1.15 million units, surpassing the cumulative 1.09 million sales until the previous year. All segments of EVS, including passenger vehicles, three-wheelers and two-wheelers, more than doubled sales, while the e-bus segment saw a 60% increase to 1,904 units in FY23 from 1,186 units last year, VAHAN vehicle registration data showed.
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