India’s Electric Vehicle Sales Surpass One Million Mark in FY23, Led by Two-Wheeler Segment
According to the Society of Manufacturers of Electric Vehicles (SMEV), in the fiscal year FY23, electric vehicle (EV) sales in India exceeded one million units for the first time, with the two-wheeler segment leading the way. The EV industry registered 11,52,021 units, which represented a 58 percent increase from 7,26,861 units in FY22. The sales…