Electric Three-Wheeler Retail Sale Surge in November’22
Modified On Dec 17, 2022 02:20 PM
Passenger and cargo carrier e-auto are now the preferred choice of the customer
The transition towards greener vehicles in India is happening at the bottom of the vehicle segment of commercial vehicles. As more and more customers are now preferring an electric three-wheeler also known as e-auto as their choice of vehicle to not just help the sustainable environment but save considerable costs and earn higher profits. E-Auto rickshaws are affordable to buy and extremely competitive to run as compared to petrol, diesel, or CNG-powered ones as the prices of fuel continue to soar, this badly impacting the earning capacity of these vehicle owners.
And this is ample clear from the increasing sale number of the electric three-wheeler segments over the last several months, as monthly retail sales continue to grow month-on-month, thus overtaking the conventional auto-rickshaw segment. The latest monthly retail number from The Federation of Automobile Dealers Associations (FADA) which has reported the overall volume for the month of November 22 indicates the surge in the e-auto segment.
The total e-auto-rickshaw sales in the month more than doubled, overtaking the IC engine power auto-rickshaw. The passenger carrier segment sold a total of 33,971 units, up by 113%, while the cargo carrier segment registered a sale of 1,820 units, an increase of 75%. The higher demand for e-auto means more and more new brands are entering this vehicle segment to make a mark by attracting customers to their vehicles.
The top players in the e-auto segment include YC Electric Vehicle, Mahindra, SAERA Electric Auto, DILLI Electric Auto, and MINI Metro among others.
Visit TrucksDekho To Know More about Electric Commercial Vehicles in India.
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