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Retail EV gross sales cross Four lakh models since April 2021 | Autocar India

Written by Sunny Kumar

Tata Motors leads the passenger automobile gross sales with over 15,000 models offered since March 2021.

Retail gross sales of electrical autos clocked 4,29,217 models in FY22 (April 2021-March 2022), as in comparison with 1,34,821 models in FY21 (April 2020-March 2021) and 1,68,300 models in FY20 (April 2019-March 2020), the Federation of Car Sellers Affiliation stated.

  • Hero Electrical had the very best gross sales in two-wheeler phase
  • Two- and three-wheeler segments led the expansion this fiscal

This enhance is over 200 p.c as in comparison with FY21 numbers and 155 p.c over FY2020 numbers.  The surge in gross sales might be attributed to extend within the availability of merchandise available in the market, excessive gasoline costs, state subsidies and sops supplied beneath FAME II.

The 2- and three-wheeler segments led the expansion within the fiscal with gross sales of two,31,338 models and 1,77,874 models, respectively. Whereas the passenger automobile tally was 17,802 models, 2,203 electrical CVs had been offered.

Two-wheeler gross sales

Within the two-wheeler phase, the highest 5 corporations: Hero Electrical (65,303 models), Okinawa Autotech (46,447 models), Ampere Automobiles (24,648 models), Ather Vitality (19,971 models) and Pure Vitality (14,862 models), accounted for 74 p.c of the market share.

Electrical two-wheeler gross sales in India
Firm FY2022 FY2020 Change (in models) Change (in %)
Hero Electrical 65,303 14,771 50,532 342
Okinawa Autotech 46,447 6,972 39,475 566
Ampere Automobiles 24,648 5,903 18,745 318
Ather Vitality 19,971 4,401 15,570 354
Pure Vitality 14,862 2,079 12,783 615
Ola Electrical 14,371 0 14,371 NA
TVS Motor Firm 9,458 837 8,621 1030
Revolt Intellicorp 7,623 1,793 5,830 325
Benlign India Vitality and Expertise 7,084 1,108 5,976 539
Bajaj Auto 7,012 1,470 5,542 377
Jitendra New EV-Tech 3,788 619 3,169 512
Mew Electricals 2,760 327 2,433 744
Goreen E-Mobility 2,741 227 2,514 1107
KLB Komaki 1,882 38 1,844 4853
RGM Enterprise Plus 791 0 791 NA
Elthor Vitality 525 57 468 821
Eco Gasoline Methods 439 48 391 815
Booma Progressive Transport Options 241 0 241 NA
Chandana Company 233 0 233 NA
Others 1,159 396 763 193
Whole 2,31,338 41,046 1,90,292 464

4-wheeler gross sales

Tata Motors led the passenger automobile phase with 15,198 models offered adopted by MG Motor with 2,045 models. Whereas Tata has two choices – the Nexon and TigorMG Motor India has the ZS EV. Tata is updating the Nexon EV with a long-range model set to go on sale quickly. Anticipate it to welcome extra consumers to Nexon, particularly contemplating the way it will nonetheless be cheaper than different EV SUVs just like the MG ZS EV. The IC-powered Nexon begins from Rs 7.42 lakh (ex-showroom, Delhi).

With gasoline costs persevering with to rise and EV charging infrastructure increasing its footprint, and options similar to Battery as a Service (BaaS) changing into accessible, the EV phase might see additional development within the present fiscal.

Electrical Passenger Car Gross sales in India
Firm FY 2022 FY 2021 Change (in models) Change (in %)
Tata Motors 15,198 3,523 11,675 331
MG Motor India 2,045 1,115 930 83
Mahindra & Mahindra 156 94 62 66
Hyundai Motor India 128 183 -55 -30
Audi 74 0 74 NA
Jayem Automotives 48 42 6 NA
Jaguar Land Rover India 44 1 43 4300
BYD India 39 0 39 NA
Mercedes-Benz 30 17 13 76
BMW India 9 0 9 NA
Porsche 9 0 9 NA
Others 22 9 13 144
Whole 17,802 4,984 12,818 257

Nilesh Wadhwa

About the author

Sunny Kumar