EV Sales Increased by 40% in Q1 2022

With the EV segment continuing to grow at an enormous pace in India, Q1 2022 witnessed the launch of 25 E2V models, 1 E3V model, and 2 electric cars. The Mini Cooper has come to the Indian E-Car market. 

This Q-o-Q increase in sales was comparatively small when compared to the sales of 46%  from Q3 2021 to Q4 2021. However, these sales have witnessed a steep rise of 199% from the same quarter in 2021, that is, Q1 2021. The highest sales for registered EVs were in the month of March for more than 81,000 units.

In Q1 2022, sales of EVs increased by 40% from the previous quarter’s sale to register 1,92,780 units. This Q-o-Q increase in sales was comparatively small when compared to the Q-o-Q surge in sales of 46% from Q3 2021 to Q4 2021.