Home » Q1 FY 2022-23 | Region-wise EV Sales Trends in India • EVreporter

Q1 FY 2022-23 | Region-wise EV Sales Trends in India • EVreporter

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Q1 FY 2022-23 | Region-wise EV Sales Trends in India • EVreporter


Trend from last 5 quarters – Q1 FY 21-22 to Q4 FY 21-22 and Q1 FY 22-23 (EV sales – April 2021 to June 2022)

– EV sales in India registered a Y-o-Y growth rate of 610% between the first quarter of FY 21-22 (31,315 units) and the first quarter of FY 22-23 (2,22,208 units). The total number of Electric vehicles sold from Q2 FY 21-22 to Q1 FY 22-23 (last 4 quarters) in India comes out to be 6,53,080 units.

Source: EVreporter research from Vahan Dashboard, Telangana Transport portal and Companies Official releases. Vahan Data as per 1402 out of 1612 RTOs across 33 state/UTs. Low-speed 2W data not included.
Category wise EV sales in Q1 FY 22-23 (April 2022 to June 2022)
Source: EVreporter research from Vahan Dashboard, Telangana Transport portal and Companies Official releases. Vahan Data as per 1402 out of 1612 RTOs across 33 state/UTs. Low-speed 2W data not included.

– Electric vehicle sales are dominated by 2-Wheelers and 3-Wheelers, with a combined volume share of almost 94% for Q1 FY 22-23.

– Electric 2-Wheeler sales for Q1 FY 22-23 witnessed a Q-o-Q growth of 13% with 1,39,65 units sold, whereas the Electric 3-Wheeler sales increased registered a Q-o-Q growth of 18% with 63,635 units.

– For 3-Wheelers, L3 Category EVs dominate compared to high-spec L5 Category. L3M (pax) Category had a share of 83%, followed by L3N goods carriers with almost 8% share. The category L5N (goods) models are slowly picking up with a 5% share owing to an increase in demand for last-mile delivery.

– The trend for Electric 4-Wheelers has seen an increase in the number of units sold, but the category-wise share remains the same.

Electric Vehicles REGION-wise Sales Trend
Source: EVreporter research from Vahan Dashboard, Telangana Transport portal and Companies Official releases. Vahan Data as per 1402 out of 1612 RTOs across 33 state/UTs. Low-speed 2W data not included.
Category-wise Trend in Top 10 Indian States for Q1 FY 22-23
Source: EVreporter research from Vahan Dashboard, Telangana Transport portal and Companies Official releases. Vahan Data as per 1402 out of 1612 RTOs across 33 state/UTs. Low-speed 2W data not included.

– Uttar Pradesh has the highest share (16.3%) of electric vehicles sold, with 35,976 units in the Q1 FY 22-23. Of the total EVs sold in Uttar Pradesh, 80% (28,610 units) are low-speed L3M category or e-rickshaw category.

– E-2Wheeler sales are maximum for the states of Maharashtra, Karnataka, Gujarat, Tamil Nadu and Rajasthan, with a combined share of 61.5% in the high-speed 2-Wheeler category and sales of more than 10,000 units each for Q1 FY 22-23.

– Uttar Pradesh, Assam and Bihar have the maximum sales in the 3-Wheeler category with an approximate sales share of 42%, 13% and 12%, respectively.

– Maharashtra has the highest sales of E-4W with 2231 units (25%) for Q1 FY 22-23, followed by Delhi and Karnataka with 1581 (18%) and 909 (10%) units sold, respectively.

– Delhi and Maharashtra have the highest e-Bus sales with 203 and 126 units sold respectively for Q1 FY 22-23.

Excerpt from EVreporter Quarterly Report Q1 FY22-23.

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