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Image Source : Energyinfra market Screenshot 2024 06 26 154625

EV Sales Plummet 14% to 106,081 Units in June, Pointing to Future Challenges

Last Update 01 July 2024

India's EV sales fell 14% in June from May, driven by policy changes and rising hybrid demand. Despite hitting a low of 106,081 units, June 2024 showed a 20% increase from last year. Year-to-date, EVs made up 6.69% of total vehicle sales, highlighting ongoing consumer responses to subsidy adjustments affecting e2W prices and market dynamics significantly.

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