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The overall EV sales in April 2022 bounced back to their growth trajectory, clocking 73,046 units. This signifies a month-on-month decrease of 5.3%, but a year-on-year leap of 415%.

Registered EV Sales Trend in India (April 2021–April 2022)

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, Company Press Releases, JMK Research

Note: Sales figures represent EVs registered across 1,429 RTOs in 33 states/ UTs.

As depicted in the figure below, EV registrations in April 2022 were driven by electric two-wheelers and passenger-type electric three-wheelers, which together accounted for 92.92% of total registrations in the month. The shares of these categories were followed by E-Cars (3.64%), cargo-type electric three-wheelers (3.17%), and so on.

Category-wise EV Sales in April 2022

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, Company Press Release, JMK Research

Note: Sales figures represent EVs registered across 1,429 RTOs in 33 states/ UTs; Others include adapted vehicles, forklifts, goods carriers, omnibus, and trailer (agriculture) vehicles.

Among all the states and UTs, Uttar Pradesh retained its top spot in EV share with 16% of overall sales, followed by Karnataka with 13% share. Maharashtra fell to the third spot with an 11% share, followed by Gujarat (10%), Tamil Nadu (8%), Rajasthan (7%), and Delhi (5%).

Region-wise Registered EV Sales (State/ UT)– April 2022

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, Company Press Release, JMK Research

Note: Sales figures represent EVs registered across 1,429 RTOs in 33 states/ UTs. Others include Chhattisgarh, Punjab, and the rest of the other 14 states/UTs.

High-Speed Electric Two-Wheeler (HS-E2W)

The overall HS-E2W sales in the country in April 2022 stood at 49,141 units, signifying a slight decline of 0.91% month-on-month, but a whopping 866% Year-on-year leap in registrations. The Top 10 players, as shown below, accounted for 93% of the total registrations witnessed in April 2022.

Ola Electric moved to 1st position this month from the previous month’s number 2nd position. Further, Hero Electric fell to the third position, with Okinawa taking second place. Bajaj re-entered the Top 10 race after its brief absence last year, pushing Benling to 11th place.

High-Speed E2W Sales Trend

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, JMK Research

Note: Sales figures represent only high-range E2W (Top speed > 25 kmph) registered across 1,429 RTOs in 33 states/ UTs.

Top High-Speed E2W Players in April 2022

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, JMK Research

Note: Sales figures represent only high-range E2W (Top speed > 25 kmph) registered across 1,429 RTOs in 33 states/ UTs. Others include Benling and Lectrix. GoGreen E-mobility Private Limited, MEW Electricals Ltd (BGauss), KLB KOMAKI, and 33 other players.

Electric Three-Wheeler (E3W)

The sales of registered E3Ws passenger and cargo-type in April 2022 stood at 18,738 units and 2,316 units respectively, signifying a month-on-month decrease of 9.59% for E3W – Passenger and a month-on-month decrease of 26.38% for E3W – Cargo.

Sales Trend of E3W – Passenger (Left) and E3W – Cargo (Right)

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, JMK Research

Note: Sales figures represent E3Ws registered across 1,429 RTOs in 33 states/ UTs; E3W (Passenger and Cargo) sales shown in the figure take into account both e-rickshaw and three-wheeler classes as categorized in the Vahan dashboard.

The cumulative sales of the top 7 electric 3-wheeler players across passenger and cargo segments in April 2022 accounted for a 38.4% share of the entire E3W market. YC Electric Vehicle continued to have the highest share of 8.95%, which was followed by Mahindra Electric Mobility (8.94%), Saera Electric Auto (5.56%), Champion Poly Plast (4.37%), Dilli Electric (3.88%), Best Way Agencies (3.4%), and Unique International (3.3%).

Top E3W Players in April 2022

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, JMK Research

Note: Others made up 61.6% of the E3W markets in April 2022; sales figures for players are inclusive of both cargo and passenger offerings; Sales figures represent E3Ws registered across 1,429 RTOs in 33 states/ UTs; E3W (Passenger and Cargo) sales shown in the figure takes into account both e-rickshaw and three-wheeler classes as categorized in the Vahan dashboard.

Electric Cars Sales Trend

The cumulative sales of E-cars in April 2022 stood at 2,659 units, witnessing a month-on-month fall of 25.55% but a Year-on-year surge of 344.65% in registrations. Tata Motors has been driving E-car sales the entire year. This month, the Company accounted for 87% of the total registrations. Sales of E-cars by BYD, Audi, and BMW witnessed the pace picking up this month.

Player-wise E-Car Sales Trend

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, Company Press Release, JMK Research

Note: Sales figures represent E-cars registered across 1,429 RTOs in 33 states/ UTs; Others include Hyundai, BYD, Jaguar, Audi, Mercedes-Benz, BMW, Volvo, and Porsche.

Electric Buses Sales Trend

The cumulative sales of E-buses in April 2022 stood at 164 units, with a month-on-month rise of 116% and a Year-on-year increase of 6%. This month’s sales were driven by JBM Auto (30%), followed by PMI Electro (29%), Tata Motors (23%), and Olectra Greentech (18%).

Player-wise E-Bus Sales Trend

https://e-vehicleinfo.com/ev-sales-data-april-2022/
Source: Vahan Dashboard, JMK Research

Note: Sales figures represent E-buses registered across 1,429 RTOs in 33 states/ UTs.

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