BUSINESSYourStory · 22 hours agoLive
Electric car sales jump nearly two-fold to 36,108 units in Sep: FADA
Reported by YourStory, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
Electric vehicle sales nearly doubled in September, indicating rapid consumer adoption and a shift in the automotive market.
WHAT HAPPENED
Festive demand, maturing running-cost economics, a widening choice of models and sustained policy support through PM E-DRIVE and progressive state schemes are together turning the EV from an alternative into a default consideration for a growing set of buyers, FADA said.
WHAT TO WATCH
- •Upcoming monthly EV sales data to see if the growth trend continues
- •Potential new state-level incentives or policy updates affecting EV purchases
- •Announcements of additional EV models from manufacturers targeting the expanding buyer base
Text size
READ IN YOUR LENS
UPSCMarketsFounder