Sales of electric vehicles (EVs) in the country could surpass the 10-lakh (one million) mark in 2022, according to the Indian government’s data but this may not slow down the demand for petrol and diesel passenger vehicles in the near-to-medium term.
EV sales figures from Vahan database
According to data from the Union road transport ministry’s Vahan database, 9.95 lakh (995,000) electric vehicles have been registered in the country so far in 2022. In comparison, this is a 3x rise from 3.22 lakh (322,000) in 2021 and around eightfold surge from 1.21 lakh (121,000) in 2020.