Electric vehicles witness record registrations in 2023

The past year saw bumper sales of electric vehicles in India as their registrations amounted to 15,29,614 units, up 49% from 10,25,123 EVs registered in the previous year, according to data on Vahan, the Centre’s vehicle registration portal.

Two-wheeler sales continued to drive a majority of registrations at 8,59,198 units. However, a larger growth in numbers was seen in four-wheelers, which surged to 72,625 registrations from 33,232 in the previous year, marking an increase of more than 118%.

Registration of electric three wheelers, which are mostly used by commercial players like fleet operators, also went up from 3,50,244 units in 2022 to 5,82,527 units in the previous year.

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