India monthly EV Sales Trend for Dec 2024 In December 2024, E2W sales declined significantly, while E-rickshaws, e-carts, and e-buses recorded slight growth. Other segments experienced marginal monthly declines. India's EV market achieved 19,48,957 unit sales in 2024, peaking at 2,19,527 units in October. - In the E4W segment, Tata Motors dominated with over 46% market share, followed by Morris Garages India and Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] in December 2024. - For E2W sales, Chetak Technology Ltd (Bajaj Auto) led the market, followed by TVS Motor Company Motors and Ola Electric in December 2024. - In the Passenger E3W L5 segment, Mahindra Last Mile Mobility, Bajaj Auto Ltd Auto, and Piaggio Vehicles Pvt. Ltd. emerged as the top players for December 2024. - For the Goods E3W L5 segment, Mahindra Last Mile Mobility, Bajaj Auto, and Omega Seiki Mobility led the market in December 2024. - In the E-rickshaw and E-cart segment, Yc Electric Vehicle, Saera Electric Auto Ltd., and Dilli Electric Auto Pvt Ltd (Citylife) were the top players for December 2024. #electricvehicles Read detailed analysis: https://lnkd.in/g2-JvhKN
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