Monthly EV registrations cross 1-lakh mark for the first time in Oct Monthly electric vehicle registrations (all segments) in the country surpassed the one lakh mark, for the first time ever, in October thanks to strong growth in the electric two-wheeler segment. Also, total EV registrations grew for fifth month in a row.
Total EV (all segments) recorded 23 per cent month-on-month increase at 114,001 units in October against 92,833 units in September . To put this in a perspective, EV sales in the full year 2020-21 was 1,33,000 vehicles.
When compared with October 2021 registrations, this October EV registrations grew by 190 per cent, according to data on Vahan Dashboard.
Electric two-wheelers formed 66 percent of October’s total EV sales with 75,294 units the highest sales ever achieved by the electric 2W market in India. Electric 2W volumes grew about 42 per cent month-on-month and about 290 per cent year-on-year.
