New Delhi, Nov. 9 -- Indian automobile dealers are facing low margins on electric vehicles (EVs) despite rising sales, with investments in infrastructure, specialised workshops and skilled technicians adding to operating costs.

EV Sales Rise, But Dealer Margins Remain Low

According to the Federation of Automobile Dealers Associations (FADA), EV penetration stood at 11.5 per cent in October, with sales of 3.55 lakh units, driven by higher fuel prices, improved vehicle range and prices approaching those of internal combustion engine (ICE) vehicles.

"India is one market wherein we get the lowest margins as far as electric vehicles are concerned," FADA President Sai Giridhar told ETAuto.

He said dealerships are investing in specialised fa...