Category-Wise Electric Vehicle Sales, Nov 2022
Total Registered Electric Vehicle Sales – Nov ’22 – 1,20,660 | Oct ’22 – 1,16,994
E-2W and E-3W (Cargo & Passenger) vehicles accounted for 1,15,128 of the total 1,16,994 electric vehicles sold in Nov 2022.
Category-Wise Sales Trend from Nov 2021 to Nov 2022
- In Nov 2022, 76,400 high-speed e-2Ws were sold, compared to 22,474 units sold in Nov 2021. Sales of the Electric 3W Passenger Vehicle (L3+L5) reached 35,409 units, up from 16,383 over the Nov last year.
- Sales of Electric 3W Cargo Vehicles increased from 1,632 units in Nov 2021 to 3,319 units in Nov 2022, while the sales of e-4W rose from 1,559 units to 5,376 units over the same period.
- 9,42,756 EVs sold in last 12 months from Dec 2021 to Nov 2022.
EV Penetration in 2W Sales from Nov-21 to Nov-22
In Nov 2022, electric vehicles made up 4.13% of the total 2Ws sold across India, up from 1.57% in Nov 2021.
High Speed E-2Ws Sales trend by OEM
OLA Electric sold the highest number of e-2Ws in Nov 2022, followed by Ampere and Okinawa. In terms of Y-o-Y gains, TVS motors topped the chart with 8088 unit sales as compared to 522 a year before, registering a whopping 1449% increase, followed by Ampere, registering a 516% Y-o-Y increase. Okinawa witnessed a 39% M-o-M decline.
3-Wheeler Passenger Sales Trend by Fuel Type, Nov’21 – Nov’22
In Nov 2022, 55% 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, both L3 and L5 vehicles are included in the analysis. YC Electric Vehicle, Mahindra & Mahindra, and Saera Electric are the top 3 sellers of Nov 2022.
3-Wheeler Cargo Sales Trend by Fuel Type, Nov’21-Nov’22
For the goods 3W segment, the EV penetration rose from 21% in Nov 2021 to 34% in Nov 2022.
Electric-3W Cargo Sales Trend by OEM
For E-3W Cargo vehicles, L3 and L5 Electric 3Wheelers are included in the analysis. Omega Seiki, Mahindra & Mahindra and Piaggio Vehicles are the top 3 sellers of Nov 2022.
E-4W Sales Trend by OEM
For the electric-4Wheeler segment, TATA Motors remained the undisputed leader with 4,451 EV Sales and a market share of 82.8% in Nov 2022.
E-Bus Sales Trend by OEM
Check out our latest edition – December Magazine 2022, for more insightful content.
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