Monday, August 2, 2021

Corona auto market also affected, big drop in electric vehicle

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New Delhi: In the year 2022-21, along with GDP, Corona has been heavy on the economy. At the same time, its impact on the business of electric vehicles was also clearly visible. The government is continuously taking steps to promote electric vehicles. But in the financial year 2020-21, there has been a sharp decline in the sales of electric vehicles.

The Society of Manufacturing of Electric Vehicles (SMEV), an organization of electric vehicle manufacturers, said on Thursday that sales of electric vehicles in the country declined by 20 percent to 2,36,802 units in the financial year 2020-21. With this, the total sales of two-wheeler, three-wheeler and four-wheeler electric vehicles (EV) in 2019-20 last year stood at 2,95,683 units.

According to the organization, sales of two wheeler electric vehicles in the financial year 2020-21 fell by 6 percent to 1,43,837 units in comparison to the previous year. This includes 40,836 high-speed e-two-wheelers while 1,03,000 light-speed vehicles.

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On the other hand, 88,378 three wheelers were sold in the financial year 2020-21, as against 1,40,683 three wheelers were sold a year ago. These figures do not include those three wheelers which are not registered with the transport authority. At the same time, if we look at the sales of four wheeler e-vehicles, 4,588 vehicles were sold in the year 2020-21, compared to 3,000 vehicles sold last year. Thus, this segment registered a growth of 53 per cent in vehicle sales.

Sohinder Gill, Director General, SMEV, said, “We were expecting good sales before the start of the financial year but sales were low due to various reasons. In the electric two-wheeler and three-wheeler category, sales were lower than last year.

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