India’s Electric Vehicle Sales Trend | September 2022
Category-Wise Electric Vehicle Sales, September 2022
Total Registered Electric Vehicles Sales – Sep ’22 – 92,383 | Aug ’22 – 87,147
E-2W and E-3W (Cargo & Passenger) vehicles accounted for 87,912 of the total 92,383 electric vehicles sold in September 2022.
Category-Wise Sales Trend from September 2021 to September 2022
- In September 2022, 51,776 high speed e-2Ws were sold, compared to 16,672 units sold in September 2021. Sales of the Electric 3W Passenger Vehicle (L3+L5) reached 33,449 units, a 130.6 per cent increase over the same month last year.
- Sales of Electric 3W Cargo Vehicles increased from 1,825 units in September 2021 to 2,687 units in September 2022, while the sales of e-4W rose from 1,250 units to 4,240 units over the last year.
EV Penetration in 2W Sales from Sep-21 to Sep-22
In September 2022, electric vehicles made up 5.06% of the total 2Ws sold across India, up from 1.82% in September 2021.
High Speed E-2Ws Sales trend by OEM
OLA Electric sold the highest number of e-2Ws in September 2022 followed by Okinawa Autotech and Hero Electric. OLA Electric registered a 180.32% M-o-M increase in sales of their electric scooter.
3-Wheeler Passenger Sales Trend by Fuel Type, Sep’21-Sep’22
In September 2022, 60% of the total 3W Passenger Vehicles sold were electric, up from 49% in the same month last year.
Electric-3W Passenger Sales Trend by OEM
For E-3W Passenger vehicles, the top 10 OEMs contributed only 42% of the total sales in September 2022. Both L3 and L5 Electric 3Wheelers are included in the analysis. Mahindra & Mahindra, YC Electric Vehicle and Saera Electric are the top 3 sellers of September 2022.
3-Wheeler Cargo Sales Trend by Fuel Type, Sep’21-Sep’22
For the goods 3W segment, the EV penetration rose from 24% in Sep 2021 to 35% in Sep 2022.
Electric-3W Cargo Sales Trend by OEM
For E-3W Cargo vehicles, the top 10 OEMs contributed 55% of the total sales in Sep 2022. Both L3 and L5 Electric 3Wheelers are included in the analysis. Mahindra & Mahindra, Piaggio Vehicles and Omega Seiki are the top 3 sellers of Sep 2022.
E-4W Sales Trend by OEM, July – September 2022
For electric-4Wheeler segment, TATA Motors remained the undisputed leader with 3,655 EV Sales and a market share of 86.20% in September 2022 but has seen a decrease of 4.94% as compared to the last month sales.
E-Bus Sales Trend by OEM, July – September 2022
Check out our latest edition – October Magazine 2022 for more insightful content.
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Really good analysis but would be helpful if we get 3W (Good and Cargo)and E-Rickshaw seperately.
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