E-car sales fall for the 6th straight month in September, e-2Ws continue on growth path
Tata Motors, even as e-two wheelers continued on the growth path advancing by a brisk 40.45% as the ‘legacy’ manufacturers saw a steep climb in volumes at a fast pace, shows retail sales data based on the vehicle registration numbers released by Federation of Automobile Dealers Associations (Fada) on Tuesday. The robust growth in e-two-wheelers improved their penetration to 7.5% during the month, up 2.6% year-on-year.
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Meanwhile, charging infrastructure woes, issues related to product quality and range anxiety dissuaded buyers, pulled down the e-car sales to 5874 units in September over 6368 units in the corresponding month. Meanwhile, led by Ola Electric, the e-two-wheeler sales continued to surge despite curtailment in government subsidy to 90,0007 units during the month compared to 64086 units in the same month a year ago.
Sales at Tata Motors that controls 62% of the e-PV market fell 16.28% to 3621 units over the year-ago period. This is the lowest since the company got into the EV segment. It’s despite new model introduction- Curvv.ev, lucrative consumer offers, and price cut introduced by the maker of Nexon.ev and Tiago.ev. The company now has a portfolio of five EV models.
In a sharp contrast—though on a low base, most of the other manufacturers saw an uptick in their volumes month-on-month as well year-on-year. JSW MG Motor, the second largest in the pecking order, saw its
