1. India's EV adoption hits record highs across key auto segments in September

India's EV adoption hits record highs across key auto segments in September

Technology

  • Equirus on October 6 said India’s EV penetration hit record levels across major auto segments in September.
  • Electric two-wheelers reached 11.6% penetration, with record retail sales of about 2.07 lakh units.
  • Electric passenger vehicles hit 8.5% penetration as September retail nearly doubled YoY to 35,900 units.
  • Electric three-wheelers reached 65% penetration overall, while L5 models touched a record 52%.

Source: auto.economictimes.indiatimes.com

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