3 months ago
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1st July 2024, 13:47
BHPian
Join Date: Jul 2020
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Electric car and SUV income thrust past 40,000 units successful H1 2024, up 21%
Quote:
Between January 1 and June 30, 2024, retail request for electrical rider vehicles maintained a beardown double-digit maturation complaint and is 55% of CY2023’s 73,267 EVs. Market person Tata Motors continues to predominate but sees its stock trim to 68% arsenic a effect of increasing competition. Luxury EV makers merchantability 1,274 cars and SUVs for a 3% stock of the market.
Sales are driven by caller launches similar Tata Punch, MG Comet, Mahindra XUV 400, Hyundai Ioniq 5 and BYD Seal.
From the Q4-2024 the marketplace is going to grow with a batch of caller launches- Tata CURVV, Tata HARRIER , XUV 700, Citroen C3 aircross, Maruti EVX, Hyundai CRETA and MG CLOUD to sanction few, everything nether 30 Lakhs.
Also Kia, Honda, Jeep are moving connected their ain EV products for India. Interesting times ahead.
Last edited by TorqueIndia : 1st July 2024 astatine 13:57.
