New Delhi, May 5 -- Electric vehicle (EV) adoption across India's automobile sector continued to strengthen in April, even as broader geopolitical tensions in West Asia cast a shadow over fuel price stability and future demand trends, according to the Federation of Automobile Dealers Associations (FADA).
The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the two-wheeler segment, EV share stood at 7.76 per cent in April.
FADA noted that the EV share in two-wheelers moderated to 7.76 per cent in April from 9.79 per cent in March. The ...
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