EV sales cross 1 million in FY23, two-wheelers lead the way
Electric vehicle sales in India crossed the one million mark for the first time last fiscal, the two-wheeler segment leading the way. The Society of Manufacturers of Electric Vehicles (SMEV) stated that the EV industry as a whole registered 11,52,021 units, which was 58 percent more than FY22’s 7,26,861 units.