EV sales in India increases 174% YoY to 12,47,120 units in FY23

According to data collected from sources, 23,37,761 units of Electric Vehicles (EVs) has been sold till FY 23, where E2W held the largest share with 48.76%, E3W passenger vehicle was just behind with 43.33%. The sales of E3W Cargo and E-Cars were almost the same at 3.65% and 3.85%, respectively. E-bus accounted for just 0.17% and others 0.24%.

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