Delhi's Feb EV sales dip 13% month-on-month to 4,838 units, hit six-mth low

Down 40% since all-time high of 8,154 units in October 2022

Nitin Kumar New Delhi
charging, EV, Electric vehicle

An analysis of fuel-wise vehicles sold in February in Delhi shows that EV vehicles are more than diesel and CNG vehicles, according to the data

Electric vehicle (EVs) sales declined 13 per cent month-on-month in February to 4,838 units — the lowest since September 2022 — according to data on the VAHAN portal of the Ministry of Road Transport and Highways.
Sales declined over 40 per cent from an all-time monthly high of 8,154 units in October, the data reveals.  

In the second last month of FY23, electric two-wheelers constituted 55 per cent of the overall EVs sold. Three-wheelers sales constituted 34 per cent, and four-wheelers, 11 per cent.
The contribution of EVs in overall automotive sales also dipped to 10 per cent from 16 per cent last December.

Though the National Capital's share of EVs in overall automotive sales is higher than the national average of 4.7 per cent, the decline has raised concerns for the Delhi government, which under its EV policy, has a target of increasing the share of EVs to 25 percent of all new vehicle registrations in Delhi by 2024.
Arvind Kejriwal also launched the Switch Delhi campaign in February 2021 to spread awareness about the environmental benefits of using EVs and making the national capital pollution-free.

Also Read

E-scooter makers at 'inflexion point'; August registrations up by over 10%

Ola Electric back on top spot after 4 months for e-scooter registrations

Three-wheelers take charge in auto industry's electrification race

E-two-wheeler sales ride past 500,000-mark in 2022, penetrate 4% of mkt

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

India's passenger vehicle sales to grow 9%-10% in 2024: Crisil Ratings

Passenger vehicle sales expected to grow 9-10% in 2024: Crisil Ratings

Mercedes-Benz, Cisco join hands to bring mobile office to new sedans

Nissan Motor Co raises global EV target; to increase US localisation

Low penetration of electric cars in India? Hybrids may be the answer

Though the National Capital is performing better than the national average, experts feel it will miss its target.
“Achieving the target of 25 per cent will be difficult for Delhi but it still would be better than other states,” said Puneet Gupta, director, S&P global mobility.  

The February sales numbers indicate that Delhi is still far from achieving its target.
Since the launch of the policy in August 2020, Delhi has registered 103,776 EVs till February 28, 2023. Of these, more than 62,000 EVs were registered in 2022.

An analysis of fuel-wise vehicles sold in February in Delhi shows that EV vehicles are more than diesel and CNG vehicles, according to the data.
Of the 46,210 vehicles sold during the month, 73.6 per cent were petrol, 10.5 per cent were electric, 5.2 per cent were CNG, 4.9 per cent were petrol/hybrid, 3.7 per cent were petrol/CNG, 1.9 per cent were diesel and 0.2 per cent petrol/ethanol and diesel/hybrid.

According to industry analysts the rise in EV prices and supply chain crunch is hampering the growth of the electric vehicle industry.
“The decline in sales has been there since October, just after the FAME subsidy halt. Increase in prices of barred OEMs and supply chain constraints contributed to this fall,” Gupta said.

The halt on FAME II subsidy resulted in the price hike up to 20 per cent across two wheelers segment which constitute roughly 55 to 60 per cent of sales in Delhi. The price rise also made EVs costlier than earlier for a common man to purchase, Archit Fursule, Research Associate, e-mobility, Climate Trends said.

Month-wise EV sales    
August  4590  
September 4811  
October 8154  
November 6151  
December 7061  
January  5570  
February  4847  
Segment-wise share  
2-wheeler 55%  
3-wheeler 34%  
4-wheeler 11%  
Share of EVs in total vehciles sold 
Total vehicles sold in February 46210  
Total EVs sold in February 4847 10.49%

First Published: Feb 28 2023 | 7:23 PM IST

Explore News