Electric four-wheelers penetration rate India FY 2023-2030

Published by
Shangliao Sun,
Jun 20, 2023
In financial year 2023, the penetration rate of electric four-wheelers in India stood at one percent. The penetration rate of electric four-wheelers was expected to reach 15 percent across the country by fiscal year 2030. According to the source, robust installation of charging stations may increase the penetration rate of electric four-wheelers by the end of fiscal year 2030 across India.

Penetration rate of electric four-wheelers in India in financial year 2023, with forecasts until 2030

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Release date

April 2023

Region

India

Survey time period

FY 2023

Supplementary notes

*Forecast.

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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