Sales of electric vehicles grew by 37.5 per cent in 2015-16

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BSMotoring Desk
Last Updated : Apr 04 2016 | 7:02 PM IST

About 22,000 electric vehicles were sold in India in fiscal 2015-16, a 37.5 per cent growth over the previous financial year, according to the Society of Manufacturers of Electric Vehicles (SMEV).

“We are quite delighted at the growing numbers, which reflects increased awareness among commuters and the fact that people are seeing a good value proposition in EVs, said Sohinder Gill, director corporate affairs, SMEV. This is the first time that sales of EVs has grown over the last four years.

However, a mere 2,000 of these vehicles were four-wheelers and the rest were two- or three-wheelers. The Indian government, under its National Electric Mobility Mission Plan 2020 and Faster Adoption and Manufacturing of Electric Vehicles has ambitious plans of the market expanding for EVs to expand to six million units by 2020.

“It would be tough to achieve the target unless ground level infrastructural deficiencies were removed and credit facilities eased for buying green vehicles,” said the SMEV. “Intentions at policy level abound but government at every level, be it Centre, State or Municipal, now has to go the extra mile to facilitate mass migration to green mobility.”

Source : BS Motoring

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First Published: Apr 04 2016 | 6:58 AM IST

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