Electric vehicle sales reach 22,000 in India in FY 2015-16

The Electric Vehicle (EV) numbers is taking leaps in India, with rising sales as each year passes by. The Society of Manufacturers of Electric Vehicles (SMEV) announced that the sales of EVs touched 22,000 (20,000 four wheelers and 2,000 two wheelers) for FY 2015-16. This marks a 37.5 per cent growth over the previous fiscal year.
SMEV stated that although the growth trend is positive, the intended target of 5-6 million EVs by 2020 as proposed by National Electric Mobility Mission Plan (NEMMP) 2020 and FAME (Faster Adoption and Manufacturing...

Published Date: Apr 05, 2016 09:00 am | Updated Date: Apr 05, 2016 09:00 am